Tesla is decreasing sales prices while its cost of goods sold is rising.
The pioneer of the EV industry hopes to offset falling margins by increasing unit sales. This video will highlight what Tesla (TSLA 12.06%) stock investors can expect from the strategic price cuts.
*Stock prices used were the afternoon prices of Jan. 28, 2023. The video was published on Jan. 30, 2023.
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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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