Tesla CEO Elon Musk says risky margin sacrifice ‘makes sense’ to up production

Tesla CEO Elon Musk said during the company’s Q2 2023 Earnings Call on Wednesday that it “makes sense to sacrifice margins in favor of making more vehicles,” hinting toward more price cuts even as economic times are uncertain. This year, Tesla has used price adjustments to stimulate demand and increase orders for its vehicles. Although … Continue reading Tesla CEO Elon Musk says risky margin sacrifice ‘makes sense’ to up production