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Tesla's Strategic Move: Gary Black Analyzes Recent Price Cuts with Michael Gayed

Lead-Lag Live

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The Importance of Saving the Planet

I think whether he realizes this or not, I got to assume that he's not going to get a lot of incremental volume in the second quarter by cutting price any further. To take it down another $1,000, is that really drive affordability gone from $49.9 to $48.9? It's like pushing out a string because you're not getting that much demand elasticity. The residual values are much higher as a percentage of cost.

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