As you've been hearing on our financial reports, Tesla is slashing prices on most of its electric cars across the U.S. and Europe in response to dropping demand for the cars. This comes after a tumultuous few weeks for the electric car company as its stock price has been tumbling and sales are slowing.

KCBS Radio news anchor Holly Quan spoke with Bloomberg reporter Dana Hull for more information in today's Tech and Business Report.

You can hear our Tech and Business Report weekdays at 12:30 p.m. on KCBS Radio.