tesla is cutting its prices so wall street is lowering its forecasts for earnings fearing profit margins will be decimated that makes 2023 a scary time for investors in the electricvehicle company although things could turn out better than feared over the past week tesla ticker tsla has cut prices for its cars in both the us and china us prices for some models fell by as much as 20 as management seeks to make its cars qualify for new us tax credits and prop up demand given more competition and a weakening economy chinese prices dropped by as much as 13