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Tesla Stock Drops. It’s Cutting Prices Again.

Por: MarketWatch Business January 13, 2024

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Tesla shares finished down 3.7% at $218.89 on Friday while the rose 0.1%, and the ended flat. Through Friday trading, Tesla shares were down 12% so far in January. Tesla cut prices aggressively around the world in 2023 amid higher interest rates and more EV competition. Investors hoped the worst of the cuts were in the rearview mirror. The pace of price cuts had slowed later in the year. A U.S. rear-wheel drive Model 3, for instance, started at... + full article



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