Elon Musk has said he’s willing to prioritize growth over profits.
Contradictory as it may seem, Tesla is cutting its prices from a position of strength.
With the exception of China’s BYD Co., no automaker is anywhere close to producing as many electric cars as Tesla. The company’s high production volume across just a handful of models means unmatched economies of scale.
For details, you can see this link:
https://fortune.com/2023/05/13/tesla-prices-elon-musk-strategy/
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