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Tesla cuts Model 3 and Model Y prices in the U.S. after car deliveries fall - TL;DR CNBC

Tesla cuts Model 3 and Model Y prices in the U.S. after car deliveries fall

Publishing timestamp: 2023-10-06 08:57:01


Summary

Tesla has cut the prices of some of its Model 3 and Model Y versions in the U.S. after reporting lower-than-expected third-quarter deliveries. This is part of Tesla's strategy to stoke demand and increase volume, but it comes after missing analyst expectations and experiencing a decline in deliveries.


Sentiment: NEGATIVE

Tickers: TSLA, 

Keywords: tesla inc,  electric vehicles,  earnings,  technology,  transportation,  autos,  elon musk,  business news, 

Source: https://www.cnbc.com/2023/10/06/tesla-cuts-model-3-model-y-prices-in-the-us-after-deliveries-fall.html


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