16 Jan 2023

Tesla cuts prices in Europe and US as share prices plummet

From Morning Report, 8:37 am on 16 January 2023

The electric vehicle manufacturer Tesla has cut the price of some of its most popular car models by up to 20 percent in Europe and the US

The Elon Musk-owned company has made the move in a bid to boost customer demand, with Tesla share prices falling dramatically over recent months.

Daniel Ives, Managing Director and Senior Analyst of investment banking firm Wedbush Securities, spoke to Charlotte Cook.