Tesla cuts prices in China, Germany and around globe after US cuts
By Hyunjoo Jin, Ethan Wang and Christoph Steitz
US Stock Reports, Quotes and News
By Hyunjoo Jin, Ethan Wang and Christoph Steitz
Tesla (NASDAQ:TSLA) has announced fresh price cuts in several key markets, including China and Germany, days after similar reductions in the United States, as the company continues to struggle amid declining sales and increasing competition in the electric vehicle (EV) market.
Investing.com – Germany stocks were lower after the close on Friday, as losses in the Construction, Technology and Software sectors led shares lower.
BERLIN (Reuters) – Tesla (NASDAQ:TSLA) has let go of 300 temporary workers in Germany in keeping with their contract period, the e-car maker said on Thursday, amid a drive by the company to slim down its global workforce by 10%.
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