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Tesla Aims Discounts at Unprecedented Number of EVs in Inventory

Tesla Aims Discounts at Unprecedented Number of EVs in Inventory
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Tesla Offers Steep Discounts on SUVs Piling Up in Inventory

(Bloomberg) Tesla Inc. is slashing prices of its best-selling vehicle in a bid to clear its biggest-ever stockpile.Most Read from BloombergNY Region Rattled by 4.8 Magnitude Quake, Biggest in 140 YearsTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionZimbabwe Announces New Currency Called the ZiG, Backed by GoldTurkey Joins NATO Allies in Suspending Europe Arms TreatySaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersThe company is marking down Model Y sport u

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Tesla Drastically Cuts Model Y Prices Because Inventory Is At Record Levels

The company built way more EVs than it sold in the first quarter, and now it's scrambling to get inventory levels down.

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JPMorgan cuts its price target on Tesla stock, now sees 32% downside, after delivery miss highlights growth concerns

"We caution Tesla shares could fall much further still should the company not be successful in quickly restoring unit volume and revenue growth."

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Tesla Stock Still Has Over 30% Downside, According to 1 Wall Street Analyst

One analyst warns there could be even more downside for Tesla stock beyond his just lowered price target.

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