Tesla Is Already Back To Cutting Vehicle Prices After Disastrous First Quarter Deliveries

News Snapshot:

Tesla (TSLA) is cutting vehicle prices once again and offering incentives to attract consumers just days after reporting worse-than-expected first-quarter vehicle deliveries with analysts cutting full-year earnings predictions. TSLA shares advanced early Thursday. X The global EV giant reduced Model Y vehicle prices in Australia by up to more than 9% on Thursday, bringing the base price down to around $42,240. This comes as the Australian EV market hit a new monthly high in March with more than 10,000 vehicle sales. Tesla is the sixth bestselling auto brand in Australia, according to Australia's Federal Chamber of Automotive Industries. Tesla's price...