Comrade Elon: Musk’s Tesla Slashes Prices in China Despite Promising to Uphold ‘Core Socialist Values’

In a desperate attempt to stay competitive in the Chinese market, Elon Musk’s Tesla has announced a price cut of 14,000 yuan ($1,900) for its two higher-end Model Y vehicles. The price reduction is seen as the latest move in an ongoing price war that has been affecting the electric vehicle (EV) industry in China. Tesla previously promised to uphold the “core socialist values” of communist China in an attempt to cool down the price war with local competitors.

Tesla CEO Elon Musk (C) poses for photos with buyers during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. - Tesla CEO Elon Musk presented the first batch of made-in-China cars to ordinary buyers on January 7, 2020 in a milestone for the company's new Shanghai "giga-factory", but which …

Musk’s Mixed Messages: Elon Is Talking About Fighting Zuckerberg Again After Wimping Out and Calling for Debate

Just days after appearing to wimp out of a physical fight with Mark Zuckerberg, calling for a “noble” debate as he claimed he may require back surgery, Elon Musk is suddenly talking about a fight again. Musk provided fresh details about the “fight” in a series of tweets, claiming an “epic location” in Italy, adding that “Everything done will pay respect to the past and present of Italy.”

Elon Musk satanic costume

CFO of Elon Musk’s Tesla Steps Down

The Chief Financial Officer of Elon Musk’s Tesla, Zach Kirkhorn, has stepped down from his position after 13 years with the company. Musk announced that company executive Vaibhav Taneja will take over CFO duties at the end of the year.

Elon Musk

‘Egregiously Overvalued:’ Wall Street Divided by Tesla’s Mixed Earnings as One Analyst Expects Shares to Crater

The second-quarter results reported by Elon Musk’s Tesla have sparked a mixed response from Wall Street, with some analysts expressing concerns over the electric vehicle (EV) manufacturer’s slipping margins and others focusing on the company’s strong revenue and earnings numbers. Analyst Craig Irwin called the company “egregiously overvalued” while setting a price target that is more than 70 percent lower than its current share price.

Elon Musk, chief executive officer of Tesla Inc., speaks via video link during the Qatar Economic Forum in Doha, Qatar, on Tuesday, June 21, 2022. The second annual Qatar Economic Forum convenes global business leaders and heads of state to tackle some of the world's most pressing challenges, through the …