Callaway Climate Insights

Callaway Climate Insights

Genius move? Musk's price cuts send sales and stock price soaring

Tesla CEO seems to have put himself into a good place for lower manufacturing costs.

Matthew Diebel
Mar 30, 2023
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Tesla CEO Elon Musk. Photo: Steve Jurvetson/flickr.

In January, Tesla TSLA 0.00%↑ slashed the prices of several of its models and followed up earlier this month by cutting the cost of two of its most expensive vehicles, the M…

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