Hyundai Won’t Take A “Knee-Jerk Reaction” To Tesla’s Price Cuts, Says European CEO

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Hyundai Won’t Take A “Knee-Jerk Reaction” To Tesla’s Price Cuts, Says European CEO
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The Korean manufacturer’s European chief says consumers need stability.

to compare the price war started by Tesla to Henry Ford’s price cuts for the Model T

starting in 2013, but later went on record describing the current price cutting as “a worrying trend,” and that Henry Ford’s strategy ultimately put the company at risk.more affordable than the average new car or truckAs always, we’d like to know what you think about this, so head over to the comments section below to give us your thoughts.

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