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Wasn't the model 3 supposed to be $30k? Why would they only make another vehicle only 5k less than the other one?

• seanmcdirmid 2y ago
  The Model 3 is $36k in China, $38k in the USA. They've missed the mark a bit, so a $25k vehicle might be welcome, especially in developing economies.
  • Dig1t 2y ago
    Well, adjusting for the inflation we’ve seen over the past few years, the price is actually not very far from 30k in pre-pandemic times.
  • dublinben 2y ago
    They've already been beaten to the punch by BYD and their multiple cars under $20k. They even have a small hatchback for less than $10k! https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-ev-9700-price/ https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-...
    • seanmcdirmid 2y ago
      Sure, but Tesla could always compete against BYD here if they wanted to. There might not be much profit in it, however, and Tesla has a bit better reputation at the high end whereas BYD might still be struggling to sell its higher priced vehicles (for now).
  • mandeepj 2y ago
    > They've missed the mark a bit So, $25k car would actually be $30+k