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Can Tesla Make Money on Discounted Cars? Yes.
TSLATesla(TSLA) 24/7 Wall Street·2024-04-22 18:40

Can Tesla Make Money on Discounted Cars? Yes. Brandon Bell / Getty Images News via Getty Images News is that Tesla Inc. (NASDAQ: TSLA) has cut the prices of most of its models in the United States, Germany, and China. Almost certainly, the intent is for people to pick a Tesla over electric vehicle (EV) competition, or to get people on the sidelines and not buying EVs to enter the market. For Tesla investors, a question is whether the company can make money on these discounted cars with price cuts of $2,00 ...