Tesla's Bold Price Hike Moves in Korea Greeted with Mixed Reactions
Tesla's recent price hikes on select models in South Korea are raising eyebrows as the company faces a significant stock drop globally. Despite global headwinds, Tesla leverages high demand in Korea, boosted by EV subsidies, to justify the increases. However, this strategy has not sat well with everyone, drawing ire from consumers and investors alike, who are concerned about priorities. The Korean market seems promising for Tesla with 11,130 units sold last month, but how sustainable is this growth?
Apr 11