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Tesla and Netflix faced similar increases in competition, but they each responded differently.
Fool.com contributor Parkev Tatevosian highlights strategic choices made by Tesla (TSLA -0.31%) and Netflix (NFLX 2.45%) to an increase in competition and what those decisions could mean for investors.
*Stock prices used were the afternoon prices of Sept. 12, 2023. The video was published on Sept. 14, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Netflix and 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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