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Tesla Is Cutting Prices (Again). Here's What It Means for Investors.

Tesla announced price cuts for its cars sold in China.

By Parkev Tatevosian, CFA – Jan 6, 2023 at 7:32AM EST

Tesla's (TSLA +0.91%) latest price cuts come as the company grapples with headwinds while Elon Musk is distracted with his acquisition of Twitter. Investors are undoubtedly hoping for Musk to get his hands firmly on the wheel. Like the cars, Tesla the business is not fully autonomous.

*Stock prices used were the afternoon prices of Jan. 5, 2023. The video was published on Jan. 5, 2023.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Tesla Stock Quote
Tesla
NASDAQ: TSLA
$348.76
(+0.91%)+$3.14

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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