EV: Tesla cuts prices in major markets to boost sales while Musk stays on X for nothing

Elon Musk face many problems with Tesla Motors. According to Reuters news agency. Tesla will launch a new round of cut prices to boost their sales and revenues in Europe, North America and China in face a struggle to compete with Chinese carmakers like Nio, BYD and newly Xiaomi. Posting on X, Musk said “Tesla prices must change frequently in order to match production with demand”. Tesla has fails to deliver their cars to customers. What’s it means: Don’t mock Chinese carmakers.