Elon Musk’s price cuts show challenge for Tesla’s product strategy: Ford CEO Jim Farley
Electric car giant Tesla‘s decision to cut prices to drive up sales volume reflects the pressure it faces from competition and an ageing product line-up, Ford Chief Executive Jim Farley said on Thursday. Farley said Tesla’s price cuts underscore intense competition in the two-row crossover or SUV segment of the auto market, where Tesla’s best-selling … Read more