Tesla’s Mighty Profits Eat Into Asian Rivals in EV Price War

Tesla’s Mighty Profits Eat Into Asian Rivals in EV Price War

Upworthy

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Elon Musk is using Tesla’s superior profitability as a weapon in the electric vehicle (EV) price war he started, a move that could threaten the market share of Asian automakers with thinner margins. The US auto giant, once one of the auto industry’s biggest money losers, earns more money for every…

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