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TeslaIncTSLA on Friday announced price cuts ranging from 6.4% to 19.7% in the U.S., stirring excitement among its ardent backers on Twitter.

What Happened: The move cameon the heels of a sharp reduction announced in China on Jan. 6.

It wasprecipitated by worries concerning demand slowdown amid the macroeconomic uncertainties and the intent to make the Model Y long-range variant eligible for the federal electric vehicle tax credit.

See Also: Everything You Need To Know About Tesla Stock

Immediately after the announcement, Tesla analysts, investors, users and influencers swung into action and flooded Twitter with their views and thoughts. YouTuber and Tesla influencer Steven Mark Ryan suggested the move could hit other automakers hard.

Another Tesla influencer, going by the handle @TSLAFanMtl, suggested the EV pioneer's market share mightexplode with the price cuts.

The $7.5k credit at $55k was too enticing. Tesla addressable market just exploded and its competitors are now insta-fcked. James Cat (@TSLAFanMtl) January 13, 2023

Former Tesla employee Farzad Mesbahi said, Tesla going for the throat, apparently suggesting it was an aggressive move to take on the competition.

Analysts Say Expected Move: Fund manager Ross Gerber termed the move as an interesting one. Future Funds Gary Black said the price cuts wouldboost Teslas 2023 volumes.

But he said it felt odd that the company did not bring down the Model Y Performance variants price to $54,990 to avail of the $7,500 federal EV tax credit.

Black said the move wasnt surprising after China price cuts and the lack of any sales momentum in the U.S. since Dec. 31 amid the IRA uncertainty. While releasing its vehicle qualification norms for the incentive, the federal agency left the 5-seater variant of Model Y out of the purview of the benefit.

Tesla shares, the analyst said, wouldrecover as investors realized volume impact could offset negative margin impact. Volume growth was more important than margins, he added.

TSLA Price Action: On Friday,Tesla shares closed down 0.94%at $122.40, according to Benzinga Pro data.

Read Next:A $1,000 Invested In Tesla Now Will Fetch This Much If The Stock Hits Cathie Wood's Updated Price Target

Photo:Zigres on Shutterstock

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Rich Rod bans Mountaineers from TikTok dancing

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Rich Rod bans Mountaineers from TikTok dancing

MORGANTOWN, W.Va. — West Virginia coach Rich Rodriguez, like all football coaches, wants his players to show up on time, work hard and play their best.

Oh, and another thing: Don’t dance on TikTok.

“They’re going to be on it, so I’m not banning them from it,” he said Monday. “I’m just banning them from dancing on it. It’s like, look, we try to have a hard edge or whatever, and you’re in there in your tights dancing on TikTok, ain’t quite the image of our program that I want.”

Making TikTok dance videos is a popular activity among high school- and college-age users of the social media platform. Heisman Trophy winner Travis Hunter, Boise State star Ashton Jeanty and Nebraska’s Dylan Raiola are among college football players who have posted dance videos.

Rodriguez is beginning his second stint as Mountaineers coach. He said he has talked to his players about the tendency in society to emphasize the individual rather than the team and that banning TikTok dancing is something he can do to put the focus where he thinks it belongs.

“I’m allowed to do that. I can have rules,” he said. “Twenty years from now, if they want to be sitting in their pajamas in the basement eating Cheetos and watching TikTok or whatever the hell, they can go at it, smoking cannabis, whatever. Knock yourself out.”

As for now, he said: “I hope our focus can be on winning football games. How about let’s win the football game and not worry about winning the TikTok?”

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Battle, DB star at USC and former Jet, dies at 78

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Battle, DB star at USC and former Jet, dies at 78

LOS ANGELES — Mike Battle, an All-American defensive back and a member of USC‘s 1967 national championship team who later played two seasons for the New York Jets, has died. He was 78.

He died of natural causes on March 6 in Nellysford, Virginia, the school said Tuesday.

In 1967, Battle led a USC defense that allowed only 87 points all season. The Trojans were 26-6-1 and won three conference titles during his three-year career. Battle played in the 1967, 1968 and 1969 Rose Bowl games, all won by the Trojans.

Battle was USC’s annual punt return leader in each of his three seasons and still owns the school record for most punts returned in a season. He was the NCAA statistical champion in 1967, when he had 49 returns for 608 yards, a 12.4-yard average. He also holds the school mark for most punts returned, with 99 during his three years.

He was chosen in the 12th round of the 1969 NFL draft by the Jets and played for two seasons in 1969 and 1970.

Battle appeared in the 1970 film “C.C. and Company,” a biker film starring Jets teammate Joe Namath and actor Ann-Margret.

He is survived by his wife Laura and children Christian Michael, Hunter, Frank, Michael, Kathleen, Murphy and Annie.

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Stars forward Hintz out a week with facial injury

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Stars forward Hintz out a week with facial injury

Dallas Stars forward Roope Hintz will be sidelined for a week with a facial injury but avoided a fracture.

General manager Jim Nill said Tuesday that Hintz has to keep his heart rate down for 5-7 days to avoid pressure or swelling.

Hintz, 28, was struck in the face by a puck midway through the second period in Saturday’s 5-4 loss at Edmonton. He did not return.

Hintz is tied for second on the Stars in goals (25) and is fourth in points (52) through 59 games this season.

He has 362 points (172 goals, 190 assists) in 451 career games in seven NHL seasons. Dallas drafted him in the second round in 2015.

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