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Elon Musk finds new excuse for cutting prices of Tesla's vital Model Y - Yahoo Finance

Retrieved on: 2024-02-12 23:41:16

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Elon Musk finds new excuse for cutting prices of Tesla's vital Model Y - Yahoo Finance. View article details on HISWAI: https://finance.yahoo.com/news/elon-musk-finds-excuse-cutting-130938678.html

Summary

Elon Musk's Tesla Inc. used winter to excuse a $1,000 discount on Model Y prices, which may impact consumer expectations and demand. The article discusses Tesla's pricing strategies, challenges with charging stations in cold weather, and production issues at facilities like the Fremont Factory and in Germany. The piece also contrasts Tesla's direct sales model with traditional franchises. Key tags include mentions of the Cybertruck, Tesla's prevalence in Norway, and Musk's influence on the brand.

Article found on: finance.yahoo.com

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