Estimated Tesla Order Backlog Chart Explains Price Cuts In China via insideevs.com
If we connect the dots, it will become pretty obvious that Tesla is now in a phase of searching for a new balance point between supply and demand. At noticeably lower prices, demand is expected to increase, which probably will stabilize the estimated order backlog at a reasonable level. At least, that's the theory.
Because the Tesla Giga Shanghai plant is an export hub, any surplus in production might also increase the supply of cars for Europe and other markets. Europe has also a new source for the Model Y - the Giga Berlin plant, which means that this is the market to watch closely next. It's difficult to say what will happen in the US. Consumers would like to see price cuts and shorter delivery times. The new plant in Texas should support this direction.
However, the biggest thing will be probably the renewed eligibility for the $7,500 federal tax credit for Tesla cars in the US. This will lower the effective cost quite substantially, which will increase demand.
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