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But they have slowed down their drive towards lower priced cars significantly. The model Y was supposed to be ~25k. Instead they chose to go after the much more
by HeadsUpHigh 7y ago
But they have slowed down their drive towards lower priced cars significantly. The model Y was supposed to be ~25k. Instead they chose to go after the much more expensive SUV market. Makes perfect sense, Tesla needs to improve their financials before they can ask for more money to make new factories. Battery supply is limited and the costs are still fairly high so they are focusing on a higher margin product. At the same time I think they might be holding off for better autopilot before they make the truly cheap model.