HomeBusiness & MoneyTesla's Price War Could Hit Its Profits

Tesla’s Price War Could Hit Its Profits


Electric vehicle leader


Tesla


is expected to report lower earnings on higher sales Wednesday evening after the electric vehicle maker slashed prices to draw in buyers.

The EV war, with traditional auto makers spending billions to catch


Tesla


(ticker: TSLA), has morphed into a price war. The car maker’s quarterly earnings will help investors figure out who is winning.



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