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Tesla has implemented a series of price reductions for its vehicles over a period of time. In the beginning, these reductions looked like they positively impact sales and create increased demand for the company’s vehicles. However, the latest data show that these reductions in price may not have been as efficient as anticipated. In fact, Tesla seems to be experiencing a decline in its share of the market, losing ground to its competitors.
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This post was originally published on Smell The Musk
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