Tesla in Trouble? Price Cuts Amidst Declining Sales and Rising Competition
Strategic move or desperate response to the softening market? Tesla, the world’s leading electric vehicle (EV) maker led by CEO Elon Musk, is facing a period of turbulence. The company is grappling with declining sales, a slumping stock price, and intensifying competition. This has forced it to implement substantial price reductions across its vehicle lineup in response to a series of challenges in both the … Continue reading Tesla in Trouble? Price Cuts Amidst Declining Sales and Rising Competition
