Tesla announced price cuts for its cars sold in China.
Tesla's (TSLA 12.06%) 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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