Tesla Price Cuts: It Seems Elon Musk Had A Calculated Plan All Along

Tesla Price Cuts: It Seems Elon Musk Had A Calculated Plan All Along via insideevs.com

and exported from the country in the first two months of the year, as shown in recent data from the China Passenger Car Association. All in all, it appears that Tesla’s price cuts have done anything but show the automaker’s weakness. In fact, most markets seem to indicate the benefits of the price reductions.

“EV price cuts are not a fad, but a trend,” Jonas said. He went on to describe them as a “deflationary trend,” citing factors including lowered costs on batteries and lithium, as well as improved manufacturing efficiency. Tesla’s move toward cheaper cars is not a brand new development, and it in fact has been a part of Musk’s strategy for the automaker since at least 2006 — when he penned the company’s first Master Plan.

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