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Technology

Shanthi Rexaline

Tesla’s Aggressive Pricing Strategy Faces Backlash From Fund Manager

Gary Black Elon Musk Tesla Inc. Nasdaq United States

Tesla, Inc. (NASDAQ:TSLA) has been amping up its aggressive pricing strategy. A fund manager did not take kindly to the most recent round of price cuts the electric vehicle giant implemented for its Model 3 and Y cars in the U.S. PHOTO BY MILAN CSIZMADIA/UNSPLASH

Tesla, Inc. (NASDAQ:TSLA) has been amping up its aggressive pricing strategy. A fund manager did not take kindly to the most recent round of price cuts the electric vehicle giant implemented for its Model 3 and Y cars in the U.S.

Tesla adjusted configurator prices of the Model 3, Y vehicles in the U.S. on its website late Thursday to imply a downward adjustment of 2.65%-4.23%.

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