Tom Nash
283K subscribers
Elon Musk and Tesla are doing the unthinkable. Tesla (NASDAQ:TSLA) just announced major price cuts in the U.S. and Europe. The price cuts range from 6% to 20% for Model 3, Model Y and various performance models.
-------------------------------------------------------------------------------------------------------------------------
This is the part where Tesla decimates the competition in the coming years. With a 30% margin Tesla can lower prices to the point others can't compete.
This will ensure demand for Tesla products for as far as the eye can see.
Hate for Elon Musk will not matter at all.
