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However, companies like Ford Motor Co and Tesla Inc last month slashed prices on some electric vehicle models in an aggressive discounting effort to retain market share and bring more buyers to the market.
Source: https://jalopnik.com/global-air-travel-is-still-just-over-two-thirds-of-what-1850082066
Tuesday's decline erased nearly $50 billion in market value for Tesla, which is roughly equal to the valuation of its rival Ford Motor Co, reported Reuters.