Tesla's price war is hurting its bottom line more than ever — and Elon Musk is prepared to keep going

Tech Insider
Elon Musk has a serious expression as he clasps his hands, wearing a black suit with no tie, at the VivaTech conference in Paris on June 16 2023.
Elon Musk responded to questions about Tesla price cuts during the company's earnings call on Wednesday.

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Elon Musk's Tesla lost $140 billion in market value in under a month. Here's what you need to know about the EV maker's mounting troubles.

Tech Insider
Tesla vehicles plugged in and charging at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016.
Tesla's share price has plunged in April, wiping out around $140 billion worth of market capitalization.

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