Tesla (TSLA) Lowers Model 3 & Model Y Prices In China

Tesla (TSLA) lowers the Model 3 and Model Y prices in China. Caroline Woods joins Alex Coffey and Jenny Horne to discuss this news. She notes that Tesla has been struggling recently after missing on deliveries estimates, but its overall 2022 deliveries grew 40% year-over-year to 1.31M. She talks about how these price cuts in China can be attributed to softening demand. Finally, she goes over how there are a mix of analysts' predictions on where Tesla is headed. Tune in to find out more about the stock market today.

Next Gen Investing

06 Jan 2023

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