The price cuts that Tesla announced in January upended the automotive industry and rattled Tesla investors. Nevertheless, it is now clear that Tesla is looking to outsource the lost margins upstream, to its suppliers, with reports indicating that Tesla is seeking a 10% reduction in part prices. Market disruptions are never a good thing, and these include the (continue reading...)
Full ArticleAmid the EV Price War Tesla Started, Suppliers Are Expected To Shed Blood for the Cause
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