Tesla Spends Weekend Cutting Prices of Cars and FSD Software
Drudge Report - 2024-04-21T07:36:49.000Z

(Bloomberg) -- Tesla Inc. spent the weekend cutting prices of its models across China, Europe and the US amid slumping sales and a glut of inventory.Most Read from BloombergElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTikTok to Remove Executive Tasked With Fending Off US ClaimsTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an...

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Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce.are car giants ready to slam the brakes on electric revolution?
In the first quarter of 2024, the two biggest manufacturers of electronic vehicles, Tesla and its Chinese rival BYD reports dramatic sales drops compared against the same time last year.
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In related news

Tesla cuts FSD price, ditches Enhanced Autopilot

Tesla cuts price of Full Self-Driving software by a third to $8,000

Is the global EV bubble bursting? As global demand starts to slow, share prices tank and Tesla cuts 10% of the workforce.are car giants ready to slam the brakes on electric revolution?