Monday, 14 August 2023

Tesla restarting its price war in China with new cuts

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Mark Zuckerberg, CEO of Meta Platforms Inc., said it's "time to move on" from speculation that there will be a cage fight match between him and Elon Musk. "If Elon ever gets serious about a real date and official event, he knows how to reach me. Otherwise, time to move on," Zuckerberg posted Sunday on Meta's Threads. "I'm going to focus on competing with people who take the sport seriously."


The brutal EV price war in China could be starting up again. The Elon Musk-run carmaker Tesla is slashing the starting price of its Model Y Long Range and Performance models by 14,000 yuan, or just over $1900, according to Reuters.






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