Tesla has the potential to become a mass scale global car manufacturer if it were to introduce a low-priced Model 2 to its vehicle line.
at a high water mark of $230 following the Q2 delivery announcement? On Monday following the long July 4th weekend, the stock closed at $252. It climbed up again on Tuesday. What would the Tesla buzz become if the company were to announce a “Model 2” instead of the robotaxi in August?
In March, reports emerged that the Tesla “Model 2” — the long awaited less expensive car from Tesla, for which we don’t yet have an actual name —the Model 2 is moving forward … but, sorry, inflation prohibits its introduction right now, maybe in a couple of yearsWouldn’t you think a Model 2 would have gained internal company appeal after Tesla was hit a bit hard when the $7,500 Inflation Reduction Act incentive was rescinded from the base and long-range variants of the Model 3? The reason was...
A Model 2 would also have a lot of appeal to a young couple just starting out. The company has created a distinctive brand image through its marketing campaigns, social media presence, and retail stores — a mindset that fits right into Gen Z, who are the first social age group to have grown up with complete access to the Internet and digital technology. A $25,000 car loan would look daunting to these early careerists, sure.
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