Why Does Tesla Keep Lowering Prices?

Lower prices are great for car buyers, but they're not great for Tesla.Falling prices have been great for consumers, but Tesla's (TSLA -0.32%) bottom line hasn't been helped by price cuts. Recent news indicates the price cuts will continue and that doesn't bode well for the company's recovery. Travis Hoium covers the competitive dynamic and trends to watch in this video.*Stock prices used were end-of-day prices of May 29, 2024. The video was published on May 29, 2024. ...