Tesla turns up heat on rivals with global price cuts
Cuts prices globally by up to 20%
Shares fall in U.S. trade, drag rivals lower
Shares ended down 0.9% after falling as much as 6.4% on Friday
It comes after CEO Elon Musk warned that the prospect of recession and higher interest rates meant it could lower prices to sustain growth at the expense of profit.
It comes after CEO Elon Musk warned that the prospect of recession and higher interest rates meant it could lower prices to sustain growth at the expense of profit.
Some models now qualify for U.S. credits, French subsidy
Some models now qualify for U.S. credits, French subsidy
Some models now qualify for U.S. credits, French subsidy
Some models now qualify for U.S. credits, French subsidy