Tesla Slashes Prices, Wall Street Slashes Estimates. Investors Don’t Care.



Tesla


began the brand new yr with a bang, cutting prices for its vehicles around the globe. Now Wall Street is making its own cuts, to 2023 earnings estimates.

Analysts appear to agree lower prices means lower profits. Not everyone sees eye to eye, nevertheless, on the magnitude of the impact that the value cuts can have on the corporate and its stock price.

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