Tesla’s Price Cuts Are Putting Extra Pressure On Electric Car Startups
Credit to Author: Guest Contributor| Date: Tue, 07 Feb 2023 16:59:20 +0000
Electric vehicles are becoming more popular with consumers, but even Tesla’s lineup took several years to become profitable. With the automaker’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions, some of the industry’s analysts say. Tesla’s price cuts have effectively waged a “price […]