Key Points Tesla made a rare cut to its vehicle pricing in China to offset slumping deliveries. A key part of Tesla's broader China strategy is exports, and its currently offsetting domestic weakness. With the brutal price war in China, exports are often more profitable for automakers. These 10 stocks could mint the next wave of millionaires › Global automotive investors hoping that China's brutal price war would lose some steam over the summer were sorely disappointed. Not only have sales continued to plunge, sending China's vehicle market further into its slump, but a new wave of products competing on price has driven industry margins lower.
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