Bad News for Tesla Stock and Nio Stock Investors

By Parkev Tatevosian, CFA – Aug 16, 2023 at 5:00AM

NASDAQ: TSLA

Tesla

Market Cap

$949B

Today's Change

(3.85%) $10.96

Current Price

$295.66

Price as of June 6, 2025, 3:58 p.m. ET

The EV price wars are intensifying.

Fool.com contributor Parkev Tatevosian discusses what the latest price cuts from Tesla (TSLA 3.85%) could mean for EV investors.

*Stock prices used were the afternoon prices of Aug. 13, 2023. The video was published on Aug. 15, 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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