Why Tesla Stock Pumped the Brakes Monday

Ford has now engaged in Tesla's price war.

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Tesla's strategy seems to be working -- Ford admits it might not make money on every vehicle.

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Investors are pondering whether Tesla's pricing strategy will ultimately help or hurt its business

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After a 65% correction in 2022, Tesla shares have soared 40% so far in 2023

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Its winning streak was put on hold today, though, with the stock dropping more than 5% Monday morning

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Tesla wants the lower prices to help spur demand for its EVs.

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Tesla reported a record profit in the fourth quarter of 2022

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