Tesla decided it is time to pick up far greater market share. If there is a coming recession, we are at the point where market share becomes important. This is common with disruptive companies.
In this video I discuss how the company just lowered prices in the US. If this follows what happened in China, where there were 30,000 orders in 3 days, this will be a major disruption to the auto industry. As always the challenge for Tesla is production.
Can they push out 2.5 million vehicles this year?
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