Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 mln vehicles

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Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 mln vehicles
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Tesla slightly beat analysts' estimates for fourth-quarter revenue, despite a sharp decline in vehicle profit margins

aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers' interest.

However, Musk, who has missed his own ambitious sales targets for Tesla in recent years, said 2023 deliveries could hit 2 million vehicles, absent external disruption.

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