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Tesla’s $7,500 discount feels desperate, and it’s giving investors the ick



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Tesla started out the month of December by offering Model 3 and Model Y buyers in the U.S. a $3,750 credit if they have their vehicle delivered in December 2022. Now with a week left in the month, the electric vehicle maker has upped that discount to $7,500, according to the company’s website.
After the news of the discount and other offers designed to increase sales in the fourth quarter, Tesla’s stock dropped another 9% and is trading at $125.12 at market close on Wednesday.
It seems Tesla is getting a little too thirsty for end-of-year sales and it’s giving investors the ick.
Tesla’s stock has already taken massive hits this week as investors wring their hands over CEO Elon Musk’s political rhetoric on and micromanaging of Twitter, his selling of Tesla stock to fund Twit …

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