Elon Musk Says We Would Have To Lower Vehicle Prices If Macro Conditions Do Not Remain Stable
Portfolio Pulse from Bill Haddad
Elon Musk, CEO of Tesla, has stated that the company may have to lower vehicle prices if macroeconomic conditions do not remain stable.
July 19, 2023 | 10:33 pm
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Tesla may have to lower vehicle prices if macroeconomic conditions destabilize, potentially impacting revenue and profitability.
A decrease in vehicle prices could lead to a decrease in revenue and profitability for Tesla, which could negatively impact the company's stock price. The statement also indicates potential concerns about the stability of the macroeconomic environment, which could further impact investor sentiment.
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