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Tesla is not done cutting prices, analysts say

Por: MarketWatch Business April 10, 2023

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Tesla shares fell more than 2% in midday trading Monday, underperforming the broader equity market. See also: “Make no mistake — the price cuts reflect Tesla’s need to stimulate demand and are an explicit trade off of margins for volume,” Bernstein’s Toni Sacconaghi said. “While many investors have been hopeful that [first-quarter] margins might be bottom, we don’t believe that will necessarily be the case, particularly given our... + full article



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