Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.
The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
The revolution is also a case study in how much further we have to go.
The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles.
Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.
Automakers have been hampered by the supply of semiconductors and higher interest rates.
A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.
Does Elon know who buys his stuff?
Investors blame Elon Musk and wonder how much more the stock will fall.