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UBS: Tesla’s new pricing strategy is setting it up to raise

UBS: Tesla’s new pricing strategy is setting it up to raise more money later this year

tesla elon muskREUTERS/Rebecca Cook

UBS analyst Colin Langan suggests Tesla‘s newly-revised pricing strategy is intended to set the company up to raise more money in the fourth quarter.
Tesla is scheduled to report earnings on Wednesday, and investors will be closely watching results and subsequent commentary.
Follow Tesla’s stock price in real-time here.

Tesla‘s newly-revised pricing strategy isn’t just intended to boost its near-term probability — it’s setting the company up to raise more money in the fourth quarter, says UBS.

Tesla recently adjusted the down payment requirement for Model 3 ordering. Instead of forking over a $1,000 down payment, customers are now required to submit a non-refundable $2,500 configuration deposit.

Read more: feedproxy.google.com


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