The Impact of Tesla's Price Cuts on Profit Margin

Dana Howe: Elon Musk signaled at the end of last year that he was going to chase volume over profit margins, and today we're going to figure out what is the impact of that. He says price cuts really does begin to eat into your profit margins. Howe: The Biden administration's IRA now gives Tesla a production tax credit for making these cars in the United States.