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Elon Musk

Elon Musk has laid out a new plan for Tesla that focuses on offering its electric cars at lower prices, albeit with narrower profit margins.

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Tesla Inc. CEO Elon Musk is now offering significant discounts on electric vehicles as a new strategy in his quest for global carmaking domination. This move may either be viewed as his latest industry disruption or an act of desperation. Bloomberg Television’s Craig Trudell provides more insight into this development in today’s “Big Take.” Stay up-to-date with the latest business news, analysis, market data, features, and profiles by following Bloomberg on Twitter, Facebook, and Instagram. Additionally, check out the embedded video below for more information.

This post was originally published on Smell The Musk

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