Musk bullish on Tesla sales as price cuts boost demand
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Go back to Musk bullish on Tesla sales as price cuts boost demand
January 27, 2023 2:11 PM EST
An exclusive story by Reuters reports that Tesla CEO, Elon Musk met with two top Biden administration officials on Friday in Washington. John Podesta, a senior advisor to the president for clean energy innovation, and Mitch Landrieu, who oversees infrastructure spending.
According to a White House spokesperson, "John Podesta and Mitch Landrieu met with Elon Musk... More
January 27, 2023 11:55 AM EST
Morgan Stanley reiterated an Outperform rating and $220.00 price target on Tesla (NASDAQ: TSLA) as the electric vehicle giants recent price cuts usher in, what analyst Adam Jonas calls, the Great EV Deflation.
Jonas wrote in a note, In recent days, Ive asked several dealers and automotive experts if theyve ever seen a car company cut prices by 13 to 20% across the vast majority of its product range in one move. Nobody can think of a precedent.
Some... More
