Not only this, but gas prices are back down too. If you chart the sale of hybrids and such with gas prices, demand tracks pretty closely. Car market coming down from the stratosphere, impending tax credits, and reduced gas prices are a perfect storm for Tesla prices to fall like a rock.
They have a high unit margin and room to bring prices down, but there is substantial danger as others pick up the competition. Rumors of a Model 3 refresh soon are also floating, which may give the informed buyer some pause.
They have a high unit margin and room to bring prices down, but there is substantial danger as others pick up the competition. Rumors of a Model 3 refresh soon are also floating, which may give the informed buyer some pause.