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Tesla ditches EV inventory price discounts as Elon Musk moves to 'streamline' sales and delivery

Retrieved on: 2024-04-16 22:14:40

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Tesla ditches EV inventory price discounts as Elon Musk moves to 'streamline' sales and delivery. View article details on HISWAI: https://techcrunch.com/2024/04/16/tesla-ditches-ev-inventory-discounts-to-streamline-sales-and-delivery/

Summary

Tesla has halted discounts on its electric vehicle models and is undertaking internal changes, including large layoffs and revisions to its sales strategy, amidst financial constraints and leadership departures, despite previously reducing prices to boost sales.

Article found on: techcrunch.com

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