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Car Sales Are Soaring

Motley Fool Money

The Importance of Incentives in the Price Wars

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The incentives thing is interesting because, yeah, they have been doing that at the end of every quarter to kind of juice things. It seems like in China as much because in Shanghai, there were 16 car companies they took part in a ceremony at the China automotive forum. They agreed to a bunch of things in part to stabilize prices and avoid what they called abnormal pricing. Tesla was the only one. The only foreign company they're signing on this. So what does that mean for China and Tesla going forward? If they don't have these incentives, they've got the big gig of factory they're producing a lot. Is that a big concern? Well, it means that I look at this

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