Elon Musk signals further Tesla price cuts could be on the way

Tesla is increasing production of its electric cars even at the cost of lower profits (Tesla)

Tesla CEO Elon Musk has suggested further price cuts to its cars are possible.

In a call with analysts, Musk implied he would continue to cut profit margins to support growth.

“We’re in, I would call it, turbulent times,” said Musk. “One day it seems like the world economy is falling apart, next day it’s fine. I don’t know what the hell is going on.”

This followed a Tesla…

Continue reading this news update.

Comments are closed