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Musk says Tesla can lower car prices if inflation 'calms down'

  • Tesla CEO Elon Musk said in a tweet Friday that the electric car company could lower prices if inflation “calms down.”
  • The Bureau of Labor Statistics reported a higher-than-expected inflation rate this week.
  • Tesla hiked prices across its models as recently as June, increasing the cost of its Model Y long-range from $62,990 to $65,990.
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Source: Business - cnbc.com

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