On eve of earnings, prices for Model 3 and Model Y slashed
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Dear Phan, | Tesla founder Elon Musk always seems to have something up his sleeve. Today is no exception. | On the eve of Tesla's earnings report, which takes place today, Musk cut costs on Tesla's Model 3 and Model Y vehicles by 4.7% and 5.6%, respectively. Trade now! | Remember, what determines a company's value following earnings isn't just revenue. It's also outlook. Tesla lowering prices could be seen as encouraging more sales which can boost the company's outlook among analysts. | | | |
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