"Majority" is an exaggeration. Tesla battery replacements cost around $13-20k while the cars themselves go for well over double that. https://www.jdpower.com/c

"Majority" is an exaggeration. Tesla battery replacements cost around $13-20k while the cars themselves go for well over double that. https://www.jdpower.com/cars/shopping-guides/how-often-do-tesla-batteries-need-to-be-replaced https://www.jdpower.com/cars/shopping-guides/how-often-do-te... The battery still drives costs to some extent, but the bigger issue is manufacturing capacity; you can only make so many EVs on the existing production lines (including battery factory capacity), and there's plenty of high-end demand to consume the supply, so you're not going to leave money on the table selling a cheap car. People who want a cheap EV just have to do what every cost-conscious consumer does when a new technology comes along: wait. At some point there will be plenty of EVs for the PMC and it will make sense to build one for the rest of us.