Tesla's new strategy: price cuts and reduced features spark market controversy

Tesla's recently launched new versions of the Model 3 and Model Y, featuring significantly reduced features despite lower prices, have sparked market controversy. While some see this strategic shift as a pragmatic move by Tesla, others see it as a sign of weakening innovation. Despite Tesla's efforts to reduce costs, its stock price has fallen by over 4%. Furthermore, Tesla's competitiveness in the Chinese market has been questioned, as its features and pricing are no longer comparable to those of Chinese brands.