Telsa reduces prices, stock drops

    Tesla shares jump after settlement reached
    Photo: Maurizio Pesce

    The Associated Press reports that Tesla plans to cut vehicle prices by $2,000 after revealing lower-than expected sales. Following the announcement, shares fell 7.2 percent. Last year the company sold more than 245,000 electric cars and SUVs last year, as many as previous years combined. Read the fill story here.

     

     

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