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Renault Slams Tesla Price Cuts

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French automaker Renault has harshly criticized Tesla’s electric vehicle price cuts saying the move could “kill” the vehicle’s second-hand value. The comments came from Thierry Piéton, Renault’s finance boss hours after Tesla CEO Elon Musk pledged to sustain price reduction to boost sales. On Thursday, April 20, Renault’s shares dipped by around 7% notwithstanding the … (read full article...)
 
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