mathnerd88
Member
Regarding Tesla needing to lower manufacturing costs to be able to lower prices, that has been happening with the cost of the most expensive component of EV's which are the batteries. Analysts stating raw material costs have dropped by over 60% in 2023 and still dropping. Now from other moves and impacts (inflation of other materials, labor wag increases, etc.) that is eating into some of that savings from being passed to consumers but as battery tech continues to improve and costs continue to drop, based on Elon's edicts if it continues, then prices will continue to slowly decline over time until a floor is found on material costs for the most expensive components of EV's.
Exactly, but it wouldn’t make sense for Tesla to increase the price all of a sudden now so they can drop it in a week or two. It would likely be months before another drop when they’ve evaluated how much more cost cutting they could do.
Again, Model X has probably been a sore pain in the butt for Tesla since it isn’t a high volume product for them, and the costs are still high for repair, and warranty repair costs as well.