Tesla's pricing strategy became an enigma in the past months as vehicle pricing dropped and raised seemingly without reason. In the latest move, Tesla hiked the Model 3 and Model Y prices across many regions. The change is interesting, considering the burgeoning Model 3 inventories.
Production has always been a problem throughout Tesla's history, with customers waiting months to get their electric vehicles. In the past half a year or so, things have changed, and demand has come into focus as Tesla's inventory is building with unsold cars. Most are Model 3 and Model X, although Model S numbers are also rising. People were expecting some price adjustments, but Tesla chose to go nuclear on prices on January 12. Since then, everybody has talked about a price war, with some trying to connect the dots between the price cuts and the growing inventory.
Read Article