HomeTechEquipmentTesla (TSLA) Started A Price War Automakers Weren't Ready For

Tesla (TSLA) Started A Price War Automakers Weren't Ready For

Tesla (TSLA) started a price war the other automakers weren't ready for, says Steve Westly. He discusses the outlook for the EV space. He talks about how Tesla can afford the price cut as it earned $15,700 in gross profits per car in 3Q22, while GM has lost money on all EV's though 2025. He then goes over how General Motors (GM) and Ford (F) can compete with Tesla. Tune in to find out more about electric vehicles and the stock market today.

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01 Feb 2023

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