Tesla's decision to lower the price of its electric vehicles could potentially influence the broader tech industry in several ways. Firstly, it could set a precedent for other tech companies to follow, encouraging them to also reduce their prices in order to increase product availability and sales. Secondly, it could lead to increased competition in the tech industry, as other companies strive to match or beat Tesla's prices. Finally, it could stimulate innovation in the tech industry, as companies look for ways to reduce costs while maintaining or improving product quality.
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