Tesla Latest Vehicle Price Cuts Result in Quarter Profits Drop.

TESLA, THE ELECTRIC VEHICLE MANUFACTURER, HAS REPORTED A QUARTER-ON-QUARTER PROFITS DROP OF 24% AND....

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THE PRIMARY REASON FOR TESLA’S PROFITS DROP IS THE PRICE CUTS IT IMPLEMENTED ON ITS VEHICLES. THE COMPANY REDUCED PRICES FOR

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ANOTHER FACTOR THAT CONTRIBUTED TO TESLA’S PROFITS DROP WAS THE SUPPLY CHAIN DISRUPTIONS CAUSED BY THE COVID-19 PANDEMIC

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THE GLOBAL SHORTAGE OF SEMICONDUCTOR CHIPS AFFECTED TESLA’S PRODUCTION, WHICH RESULTED IN DELAYED IN .....

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CEO ELON MUSK STATED THAT TESLA’S LONG-TERM GOAL IS TO MAKE ITS VEHICLES MORE AFFORDABLE AND ACCESSIBLE TO THE MASS MARKET.

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TESLA’S MOVE TO REDUCE VEHICLE PRICES HAS ALSO HELPED THE COMPANY TO EXPAND ITS CUSTOMER BASE AND......

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