What's this? This is an unbiased just-the-facts news timeline ('newsline') about Elon Musk, created by Newslines contributors. Become a contributor

Elon Musk

Elon Musk470 posts

Elon Musk is a South-African born Canadian-American engineer, inventor, and entrepreneur, born in 1971. He was a co-founder of PayPal, which was sold to Ebay for $1.5 billion. He then founded Space Exploration Technologies (SpaceX) and Tesla Motors. He is chief executive and chief designer at SpaceX and CEO and head of product design at Tesla and chairman of Solar City. Musk purchased Twitter in September 2022.

Latest News view > Click for Biography view
20 Jul, 2023

Musk: Tesla may cut prices in ‘turbulent times’

Makes StatementPress ConferencePrice change0 Comments

On an analysts’ call, Musk says that he will cut prices again on Tesla’s vehicles due to “turbulent times”:

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. We’re in, I would call it, turbulent times.

Tesla shares fall nearly 5% after Musk’s comments.