Tesla Cuts China Prices Again as Competition Intensifies

Tesla Inc. has rolled out a fresh round of price cuts in China. Craig Trudell reports on Bloomberg Television.
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[borntobemild-]

It's called deflation, that's why. No demand.

[wanderingquestions]

I bought a Starlink system. Based on the terrible website, one that does the worst job just managing one’s address, and the absolutely terrible support, I would never buy a Tesla. I am absolutely astonished this is a Musk company!

[-jovoc]

Down go Tesla margins... don't worry investors, Musk says full auto pilot robo taxis are right around the corner!!

[krawk]

Tesla will learn the hard way, look at Chinese tech, and look at the education sector. These price cuts will hurt local EV companies, Tesla will get punished for it.

For example, Alibaba, was fined large sums and started a tech crisis,

Tesla next?

[danabe]

BYD has warned that it plans to destroy the old legacy brands around the world by flooding the market with cheap cars.

[brunoheggli]

Why are they talk about Tesla?Its an irrelevant company!

[pranjayarora]

JEFFREY PRISTON BEZOS -200B$ -NETWORTH HIGHER THAN MICHAEL BLOOMBERG -70B$ - WHY? THINK TONIGHT 🌃🌙IN YOUR SLEEP💤😴

[Anthony-wmof]

Tesla is a Chinese company that can't compete with other Chinese companies!😂

[TeslaEVolution]

LOWER PRICES BY TESLA IS NOT EQUAL TO LOWER MARGINS - COGS is for sure lower and Elon wants to pass on the savings!!!

[KungPowEnterFist]

Tesla will continue to cut prices and hold back or even stop production growth in all markets.

[ArabicReja]

The biggest concerns of business operating in China 🇨🇳 are:
- IP thefts,
- unfair competition and
- human rights violations.

[katateo]

hahah, ta noi roi, ev se ve mo het DDD xe gi ma moi ra lai bi giam gia lien tuc DDD chung to la hang dom chat luong thap roi DDDD

[iiiiiiiiiiiichristopherbimpeh]

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