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The Independent UK
The Independent UK
National
Tom Krisher

Tesla price cuts: Flagging demand or tactic to boost sales?

Copyright 2023 The Associated Press. All rights reserved

In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps.

On one side are analysts who see an aggressive move by the leading manufacturer of EVs to gobble up sales and market share from its competitors just as they're beginning to bring more vehicles to market.

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