Winners and losers in electric vehicles as Tesla possibly ignites a price war

Tesla's decision to lower its prices has broad implications across the electric-vehicle industry — and may have started a price war. Tesla cut prices of the Model 3 and Model Y in the U.S. and Europe last Friday, which may help buyers qualify for more federal tax credits and boost sales volume. The Model 3 is Tesla 's entry-level sedan, while the Model Y has been classified as either a sport utility vehicle or a crossover.

mountain Tesla's 12-month slide. Yet Tesla has the upper hand when it comes to being able to afford those price cuts, suggested Jefferies analyst Philippe Houchois. Jefferies has a buy rating on Tesla and a $180 price target, implying 47% upside from Friday's close.

CNBC get their marching orders from Claus and the world economic forum.

Chicken Little TSLA Sky Is Falling? Clickbait. Stock up 8% on a down market day!

The price war will not bring EV’s in under gas powered vehicles, Right now, the entire EV market is techies and climate change fanatics. But if you want to sell EV’s to the general public, you have to answer the question: Why would one pay more for a car with less functionality?

Responding to markets instead of D.C. elonmusk throws automakers into a tizzy. tt:lizpeek berthacoombs

The media wants war on Elon Musk but the problem is that the media is too far gone and knows what's happening.

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The anxiety driving Tesla's price cutsA growing number of competitors are threatening Tesla's global EV dominance and putting it in an unfamiliar position — one of defense. Who could have predicted...? That's how you blow a huge lead. Elon seemed to have dumped his shares just in time. Should’ve been cut 2 years ago. Elon is hurting the brand. No Tesla owner wants to be associated with MAGA. Know your audience
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How Tesla Probably Cut the Model 3's Price to $45,000Tesla slashed its cars' prices without further elaboration. Allow us to elaborate. Turns out going full fascist isn’t good for the bottom line. Who woulda thunk? HAHAAAAAAAHAHAHA fair, but it's still not selling me with how appalling these cars look to me. 😂
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