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Analysts Debate Outlook for Tesla Amid Price Cuts

14 Jan 2023 | Abstracted from Seeking Alpha

"The latest round of discounts range from 6% to 20% for Model 3, Model Y and various performance models sold in the US and Europe.

"...TSLA had to decide whether to sacrifice volume growth or gross margins, and based on pricing actions, the answer appears to be gross margins...

"..an environment of EV deflation, we believe Tesla's strong balance sheet, cost/technology leadership and scale will be critical to solidifying their competitive advantage..."



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