Tesla Inc. stock rallied anew in early trade Monday, continuing the move that saw it reverse an intraday loss Friday of about 8% to close up 2.5%. The...
Tesla Inc. stock TSLA rallied anew in early trade Monday, continuing the move that saw it reverse an intraday loss Friday of about 8% to close up 2.5%. The initial dip came after Tesla said it has slashed prices in China for the second time in three months, in an apparent effort to boost sales of its electric vehicles hours after announcing disappointing December deliveries in China.
The initial dip came after Tesla said it has slashed prices in China for the second time in three months, in an apparent effort to boost sales of its electric vehicles hours after announcing disappointing December deliveries in China. Prices for the Model 3 sedan and Model Y SUV were cut by more than 10%, according to Tesla’s website late Thursday, with the Model 3 falling to 229,900 yuan from 265,900 yuan , and the Model Y dropping to 259,900 yuan from 288,900 yuan .
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