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Why Does Tesla Keep Lowering Prices?

TheMotleyFool 
0 0 30.05.24
Why Does Tesla Keep Lowering Prices?Photo, wide shot, wide-angle lens, soft focus, Auto parts supplier, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-XjwbnkgTrFCFx6Y3gLbqZBCj.png?st=2023-05-13T09%3A21%3A52Z&se=2023-05-13T11%3A21%3A52Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-13T06%3A55%3A39Z&ske=2023-05-14T06%3A55%3A39Z&sks=b&skv=2021-08-06&sig=wJlbn/o%2BieTjclaQNRsJc%2BDDZieC0UCS6BPi5tapxAA%3D
 

Falling prices have been great for consumers, but 's (NASDAQ: TSLA) bottom line hasn't been helped by price cuts. Recent news indicates the price cuts will continue and that doesn't bode well for the company's recovery. Travis Hoium covers the competitive dynamic and trends to watch in this video.

*Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024.

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Source Fool.com

Tesla Inc Stock

€271.05
0.440%
Tesla Inc gained 0.440% compared to yesterday.
Our community is currently high on Tesla Inc with 104 Buy predictions and 38 Sell predictions.
With a target price of 410 € there is a hugely positive potential of 51.26% for Tesla Inc compared to the current price of 271.05 €.
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