Tesla News Roundup: Model Y Price Cuts, India Rumors, and New Analyst Notes
Shares of Tesla (NASDAQ: TSLA) opened the week sharply higher, as investors reacted to a series of news items, including a report that Tesla might be preparing to launch a small, affordable electric vehicle for India.
Here are the stories that were moving the electric-vehicle giant's shares on Monday morning.
Over the weekend, Electrek reported that Tesla has cut the U.S. price of its Model Y crossover SUV by $3,000, suggesting that demand for its latest model has been weaker than expected.
Source Fool.com