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Tesla Inc.

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Tesla Inc. is a California-based company that builds electric cars, batteries and powertrains. It was founded in 2003 and initially financed by Martin Eberhard and Marc Tarpenning. Elon Musk became its chairman a year later and, in 2008, its CEO. The company produces the Model S, Model X and Model Y. It has stores in North America, Europe, Asia and Australia.

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20 Jul, 2023

Musk: Tesla may cut prices in ‘turbulent times’

Elon MuskMakes 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.