Tesla Price Cuts Leave Investors Underwhelmed
2 Articles
2 Articles
Tesla price cuts leave investors underwhelmed
Tesla unveiled lower-cost versions of its most popular models in order to boost flagging sales in the face of Chinese dominance in the global EV sector. The end of US subsidies has hit the industry, and carmakers around the world are “falling back in love with petrol,” the Financial Times reported. Ford, General Motors, and Honda are all betting on a longer future for internal combustion engines, while calls are growing for an EU ban on petrol b…
We were waiting for a small car. But Tesla is just lowering the prices of its Model 3 and Y. The manufacturer faces in the United States the end of the tax credit for the purchase of an electric. Its sales are largely exceeded by those of its Chinese competitor BYD.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium