Musk bullish on Tesla sales as price cuts boost demand

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Tesla slightly beat analysts' estimates for fourth-quarter revenue, saying it was accelerating its cost reduction roadmap and ‘driving towards higher production rates’

aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers' interest.

However, Musk, who has missed his own ambitious sales targets for Tesla in recent years, said 2023 deliveries could hit 2 million vehicles, absent external disruption.

 

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Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 mln vehiclesTesla Inc's aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers' interest. This is such a biased headline. “I will NEVER use one of Musk’s products!” He shouts while using one of Musk’s products. Not sure who decided to include the word 'slightly' - can you quantify what 'slightly' means here? Crap work. Do better.
Source: Reuters - 🏆 2. / 97 Read more »