"If you’re a private owner of a Tesla, you’re $20,000, $30,000 or even $40,000 worse off,” said the former Tesla executive. “They feel they got blindsided by the price war, and they absolutely will look at other brands” www.ft.com/content/fc0e...

Tesla’s ‘gravity-defying’ powers at risk as electric vehicle market slows

Carmaker threatened by cheaper Chinese brands, falling demand and even Elon Musk’s ‘toxic’ personality

Feels a little like they are eating the seed corn if they are engaging in price cuts while halting the Model 2 development.

I read recently that demand isn't falling, it's the projections f future demand that aren't being met.