Stellantis CEO: “Bloodbath” coming if EV makers follow Tesla and Musk in “race to the bottom”
Teslarati
JANUARY 21, 2024
To keep Tesla’s vehicles competitive, the automaker has implemented aggressive strategies such as steep price cuts to make its vehicles more affordable to mainstream consumers. Elon Musk, for his part, has stated that Tesla would likely need to keep lowering its prices to ensure that customers could afford its vehicles.
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