- Tesla CEO Musk publicly responded to the question of when to lower Tesla’s price.
When will Tesla cut prices? I believe many people are very concerned about it, but no one currently knows when the price will be reduced and the extent of the price reduction, because it is all in the hands of Musk.
But here’s the good news. Musk recently publicly responded to the matter.
He said that if inflation cools down, it will reduce the price of cars .
This also means that Tesla’s price will be adjusted at some time in the future, but when it will be adjusted will depend on the inflation rate!
In short, if the U.S. economy cannot reverse its decline quickly, Tesla will still maintain high selling prices, and Musk will even continue to increase the selling prices of vehicles to offset the impact of inflation.
Musk
Thanks to the support of the Shanghai Tesla Gigafactory and Chinese consumers, Tesla has ushered in rapid development in the past, but overseas markets, especially the base camp, have given Musk a headache, and he has not only been involved in legal proceedings many times , and even had to initiate layoffs to tide over the difficulties.
Earlier this month, Tesla released data showing that its Q2 delivery volume of declined year-on-year, lower than the approximately 310,000 vehicles in Q1, and Tesla’s Q2 gross profit margin was approximately 23%, which was a decrease compared to Q1. About 7% .
As for the reasons, on the one hand, it is affected by the rise in raw materials, and on the other hand, the instability of the economic environment also caused Tesla's sales to decline.
Of course, Musk himself also plays a part, because his words can often affect the stock price of Tesla and even other companies. The previous transaction with Twitter also affected Tesla’s brand image to a certain extent. This indirectly affects sales.
However, Tesla still has an advantage in the face of many competitors. Therefore, Tesla's sales are expected to continue to increase.
As for when the price will be reduced, I believe Musk already has the answer in his heart!
