Price War Alert: Tesla Slashes Prices in China and Germany Amid Falling Sales
BEIJING, CHINA – Tesla, the electric vehicle (EV) maker led by Elon Musk, has recently implemented significant price cuts in several key markets, including China and Germany. These price reductions follow a similar move in the United States and come amidst a challenging period for the company, marked by declining sales and increased competition from cheaper Chinese EV manufacturers. In response to weakening demand, Tesla has taken steps to make its vehicles more accessible to …