Tesla's Price Cuts Damage Confidence In EVs: Renault CEO via insideevs.com
, China and Europe, damage customers' confidence in the value of their vehicles.
"I hope that they [Tesla] continue to reduce to zero, but we will continue to protect the value of our electric vehicles. This is destroying value for the customer, for sure, when you do this." The executive's comments echo complaints from Tesla customers who had already bought the US automaker's EVs at higher prices and saw theirOf course, Luca de Meo is not that worried for Tesla owners' financial well-being; his comments actually send a signal to the markets that Renault does not plan to enter an EV price war.
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