Renault sinks as Tesla price cuts raise EV margin concerns
The shares fell as much as 7.9% in Paris
Renault SA slumped the most in more than six months on concerns that pricing pressure across the auto industry may derail the French carmaker’s recovery. The shares fell as much as 7.9% in Paris after Tesla Inc. signaled it’s not done reducing electric-vehicle prices even at the expense of its profit margins. Renault’s peers preparing to introduce […]
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