Tesla expects slower Q1 deliveries due to price cut fatigue, increased competition, and market slowdown.
Tesla is expected to report slower Q1 deliveries, as price cuts lose momentum and the company faces increased competition in a slowing electric vehicle market. Tesla's aging model lineup may be experiencing "price-cut fatigue" and may not improve significantly in the near term. High interest rates and rival EVs from China, the world's largest auto market, are contributing factors to the anticipated slowdown.
March 28, 2024
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