Tesla cuts price of Full Self-Driving software by a third to $8,000
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Tesla expands price cuts to China, Germany after reducing FSD cost; shares down
April 22, 2024 4:02 AM EDT(Updated - April 22, 2024 4:50 AM EDT)
Tesla has announced fresh price cuts in several key markets, including China and Germany, days after similar reductions in the United States, as the company continues to struggle amid declining sales and increasing competition in the electric vehicle (EV) market.
The company's shares fell over 3% in premarket trading Monday.
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