Tesla ignites an EV price war, suppliers brace for givebacks

Elon Musk

R

By:

Reuters

February 01, 2023 08:57 PM

SAN FRANCISCO - Tesla Inc. suppliers are bracing for pressure from Chief Executive Elon Musk and his team to cut their prices further after the EV maker aggressively slashed vehicle prices in a slowing economy, industry officials who work with the automaker and its suppliers said.

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