The Subtle Strategy Behind Elon Musk’s Price Cuts at Tesla

The EV tycoon is taking a path that has been fraught for other car companies; he maintains he can pull off a twist

Photo Illustration by Emil Lendof/The Wall Street Journal

Tesla Inc.’s recent string of price cuts represent a crucial chapter in the company’s near 20-year story. 

The moves could suggest the electric-vehicle pioneer has lost its edge and is picking up the bad habits of rival incumbents. 

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