Musk Says Tesla Could Lower Car Prices If Inflation Slows

Musk Says Tesla Could Lower Car Prices If Inflation Slows
The Tesla logo on a car at Tesla Motors' new showroom in Manhattan's Meatpacking District in New York on Dec. 14, 2017. Brendan McDermid/Reuters
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Tesla Inc. Chief Executive Officer Elon Musk said on Friday the electric automaker could lower prices for cars if inflation calms down.

Musk, who has over 100 million followers on Twitter, was replying to a tweet on Friday that asked if the company had any plans to lower prices that it had raised to beat the pandemic and supply chain woes.