![Tesla and Ford's EV price cuts make no sense, but Elon Musk has the edge over his rivals due to scale, Bank of America says](https://cdn.newsserve.net/ONPglobe256.png)
Tesla and Ford's EV price cuts make no sense, but Elon Musk has the edge over his rivals due to scale, Bank of America says
The strategists pointed out that electric-vehicle demand is greater than supply, making for odd timing for such dramatic price cuts.
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