Tesla is doing its part to fight inflation

<p>These price decreases of 28% and 34% for high-end Tesla models are like a rorschach test for market watchers. I have heard so many takes on what this means for Tesla and automotive economics:</p><ul><li>Tesla demand has fallen</li><li>EV costs have fallen</li><li>Tesla is aggressively trying to take market share</li><li>The economy is struggling</li><li>Model 3 and Model Y cannibalizing demand</li><li>Gaming federal subsidies</li></ul><p>I tend to think there is some significant deflation in manufacturing and parts. The FT today <a href="https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc" target="_blank" rel="nofollow">writes </a>about huge investment is Chinese battery plants and a battle for market share. If that doesn't lead to competitive pricing now, it will later.</p>

This article was written by Adam Button at www.forexlive.com.