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Elon Musk started a price war that Tesla can’t win


Source: ChinaTechNews.com ChinaTechNews.com
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Elon Musk has started slashing prices on Tesla’s electric cars. That’s going to come back to burn him. Mike Windle/Getty Images; Jenny Chang-Rodriguez/Insider Elon Musk has started an electric-vehicle price war that Tesla can’t finish. Under increasing pressure from new competition, Tesla spent the past year slashing the average price of its models by roughly 25%. Elon Musk started a price war that Tesla can’t win comes via ChinaTechNews.com.

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