© 2024 KOSU
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Tesla slashes prices to meet slowing demand

The Tesla logo is seen at a company store. (David Zalubowski/AP)
The Tesla logo is seen at a company store. (David Zalubowski/AP)

Tesla announced Friday that it would slash the prices of its models in response to slowing demand.

Mike Regan, senior editor at Bloomberg News, joins Here & Now‘s Peter O’Dowd to explain what led to Tesla’s slowdown and whether price decreases will help.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

KOSU is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.