
Yields, Car Tech, Bank Earnings, and ETFs (Podcast)
Bloomberg Intelligence
00:00
Tesla Cutting Prices Is Like the First Sign That the Dam Is Breaking
Tesla cutting prices is like the first sign that the dam is breaking. Can all of these automakers, because they're all falling in sympathy with Tesla, can they hold or will they all have to start cutting prices? I don't think any of the legacy automakers are really concerned about what Tesla is doing with their pricing. We're heading to a $50,000 transaction price market here.
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