Tesla (TSLA) slashes prices in China on Model 3 & Y
A recent cut saw pricing for a number of Tesla models reduced by as much as 13.4 percent.
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A recent cut saw pricing for a number of Tesla models reduced by as much as 13.4 percent.
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The move makes Tom Zhu the highest-profile executive at Tesla after Elon Musk.
Tesla showed growth of about 40 percent in its vehicle delivery YoY, but it wasn't enough to beat its own guidance or analyst expectations.
This is the second time Musk has sold more than $3 billion of Tesla (TSLA) shares in a six week window.
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After stating he had no plans to sell more TSLA shares, Musk has sold more shares.
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