Sign Up
Stories
Tesla Raises Prices and Implements Price Cuts in China
Share
Tech and Stock News Highlights
Tesla Dominates Electric Car Market Amid...
Tesla Factory Arson Halts Production
Automotive Giants' Divergent Fortunes
BYD Overtakes Tesla as EV Market Leader
BYD's Valuation Gap with Tesla
Overview
API
Tesla raises prices on refreshed long-range vehicles in China, while also implementing price cuts to remain competitive in the market. The company's CEO, Elon Musk, is considering further price cuts to drive sales and increase vehicle production. Tesla's profit margin has decreased, leading to concerns about a price war and squeezed profit margins. Despite this, Tesla reported record vehicle deliveries for Q2 2019.
Ask a question
How does Tesla plan to increase vehicle production despite the decrease in profit margin?
How will the price cuts impact Tesla's market share in China?
What are the potential consequences of Tesla's declining profit margin?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Apr 2023
Jun 2023
Aug 2023
Oct 2023
Coverage