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Tesla’s new strategy as reported by Elon Musk is to focus on offering affordable prices with slim profit margins.

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Tesla Inc. CEO, Elon Musk, is offering steep discounts on electric vehicles in an attempt to dominate global car-making. This move could either be his latest disruption of the industry, or an act of desperation. Watch Craig Trudell discuss this in today’s “Big Take” on Bloomberg Television. Stay up-to-date with business news, analysis, features, profiles and more by following Bloomberg on Twitter, Facebook, and Instagram. Check out the video below for more details.

This post was originally published on Smell The Musk

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