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Tesla Slashes Prices, Wall Street Slashes Estimates. Investors Don’t Care.

By Paul Olivia
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Tesla started the new year with a bang, cutting prices for its vehicles around the world. Now Wall Street is making its own cuts, to 2023 earnings estimates.

Analysts seem to agree lower prices means lower profits. Not everyone sees eye to eye, however, on the magnitude of the impact that the price cuts will have on the company and its stock price.

Previous articleFTX finds $5.5 billion in liquid assets, still faces ‘substantial shortfall’
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