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Stock impact report

Tesla’s surprise US$6,410 price cut sparks a rant from one devotee [Business News Network (BNN) Energy & Resources (Canada)]

Tesla, Inc (TSLA)  More Company Research Source: Business News Network
Last tesla, inc earnings: 7/24 04:48 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
PDF Tesla’s surprise US$6,410 price cut sparks a rant from one devotee Laurence Blau, 78, woke up Tuesday morning to a frustrating figure: US$6,410. That’s the dollar amount that Tesla Inc. had lopped off the list price of a fully loaded performance edition of the Model 3 sedan the night before. Blau, who paid US$68,400 for the car less than three weeks earlier, called it a “bitter pill to swallow.” “It shakes my faith,” the three-time Tesla owner said in a phone interview. Blau, a corporate real estate broker in Paramus, New Jersey, is, of course, just one customer. And he isn’t necessarily even swearing off buying Teslas. But his grievance underscores a broader dissatisfaction among the Elon Musk faithful with the dizzying string of changes -- both hikes and cuts -- to the prices of Teslas. They’ve come one after another in recent months, a reflection of the internal confusion within the company over how to navigate through shrinking U.S. incentives, aging model lines and pressure to bo [Read more]
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