Tesla stock in danger of extending losing streak after doubling discounts on some models

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Tesla stock in danger of extending losing streak after doubling discounts on some models
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Shares of Tesla Inc. inched 0.1% lower in premarket trading Thursday, but still had a fighting chance to snap a four-day losing streak, after the electric...

Shares of Tesla Inc.

inched 0.1% lower in premarket trading Thursday, but still had a fighting chance to snap a four-day losing streak, after the electric vehicle maker doubled the discounts on its Model 3 and Model Y EVs. The stock has tumbled 12.7% the past four sessions to close Wednesday at the lowest price since November 2020. “Take delivery of a new Model 3 or Model 6 between December 21 and 31, 2022 for a $7,500 credit and 10,000 miles of free Supercharging,” Tesla said on its website.

inched 0.1% lower in premarket trading Thursday, but still had a fighting chance to snap a four-day losing streak, after the electric vehicle maker doubled the discounts on its Model 3 and Model Y EVs. The stock has tumbled 12.7% the past four sessions to close Wednesday at the lowest price since November 2020. “Take delivery of a new Model 3 or Model 6 between December 21 and 31, 2022 for a $7,500 credit and 10,000 miles of free Supercharging,” Tesla said on its website.

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