Sale! Sale! Sale! Tesla on price-cut spree

Tesla has big aims to sell around 20 million EVs across the globe by 2030

As far as many know, Tesla EVs are not cheap

So, how is the EV maker going to attain its target?

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Prices of Tesla Model S and Model X have been cut by 9% in the US market

This is the fifth price cut by the EV company starting January 2023

The brand has also reduced prices of some of its models in China as well

Experts believe that price cuts will not be sufficient to attract customers as the EV company also needs to diversify quickly

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