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Why Does Tesla Keep Lowering Prices?


Falling prices have been great for consumers, but 's (NASDAQ: TSLA) bottom line hasn't been helped by price cuts. Recent news indicates the price cuts will continue and that doesn't bode well for the company's recovery. Travis Hoium covers the competitive dynamic and trends to watch in this video.

*Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024.

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Source Fool.com

Tesla Inc Stock

€202.35
-0.520%
Tesla Inc shows a slight decrease today, losing -€1.050 (-0.520%) compared to yesterday.
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
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