Tesla shares are trading lower after the company cut some Model Y prices in China.
Portfolio Pulse from Benzinga Newsdesk
Tesla has reduced some Model Y prices in China, leading to a decrease in the company's share prices.

August 14, 2023 | 11:17 am
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Tesla's decision to cut Model Y prices in China has resulted in a decrease in its share prices.
Tesla's decision to cut prices for some Model Y in China has led to a decrease in its share prices. This is likely due to concerns among investors about the potential impact on the company's profit margins.
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IMPORTANCE 75
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