Elon Musk’s Tesla Cuts Prices in Major Markets as Sales Fall

April 23, 2024 Ukadmin Motoring

</p> <h2>Elon Musk’s Tesla cuts prices in major markets as sales fall | BBC News</h2> <p> Tesla has cut its prices in a number of markets – including the US, China, and Germany – as the electric car giant faces falling sales.<br /> A price war has been intensifying between electric vehicle (EV) makers, with particularly fierce competition coming from Chinese firms.<br /> And Tesla – run by multi-billionaire Elon Musk – reported a sharp fall in global vehicle deliveries in early 2024, and has been forced to recall thousands of its new Cybertruck over safety concerns.<br /> Last week, Tesla also announced plans to lay off more than 10% of its global workforce.<br /> #Tesla #ElonMusk #BBCNews<br /> Credit to : BBC News</p> <p>