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Tesla Price Cuts a 'Huge Success.' Market Share Grows in China. - Barron's
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Tesla Price Cuts a 'Huge Success.' Market Share Grows in China. - Barron's

Tesla Price Cuts a 'Huge Success.' Market Share Grows in China. - Barron's
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Wedbush analyst Dan Ives conducted a survey of electric-vehicle buyers in China. Tesla investors will like what he found.

Investors can see the positive impact of Tesla‘s vehicle price cuts on its stock—and now research shows the move has boosted sales and market share.

Tesla (ticker: TSLA) cut vehicle prices in China most recently on Jan. 6. So Wedbush analyst Dan Ives conducted a survey of 500 Chinese EV buyers in mainland China to gauge the impact of the cuts.

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