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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.

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