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In a move to
shake up the electric vehicle market, Elon Musk's Tesla has declared an
all-out price war. Since
January of 2023, buying one of their flagship Model 3 sedan or basic Model Y
SUV is now more affordable—with prices slashed by 6.4% and 20%,
respectively. The
competitive nature of this decision has left other leading car makers with
little choice but to respond in kind — creating ripple effects throughout the
US auto industry that are already beginning to be felt... |
Thursday, March 9, 2023
Elon Has Declared a Price War - Adjusting Tesla Prices to Force the Competition to Follow Suit
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