Stunned Competitors Grapple With Tesla Price Cuts
Maintain price:
➡️ Lose market share
Increase price:
➡️ Lose more mrkt share, lose EV tax credit
Lower price:
➡️ Thin margins gets thinner: Lose even more money per car
Most automotive companies are caught between a rock and a hard place right now.
Wouldn't want to be in their shoes 😂
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