I just don’t think his product will be competitive when the market moves up a whole price bracket, even if he thinks so.
People willing buy a 30,000$ new car are going to have more patience for poor quality than people who are willing to pay 40,000$. Like the market will shrink as some people are priced out, and those who remain will probably opt for something like an Ioniq-5, a Solterra, or a EX30 which are just nicer cars. Their main issues right now are a lack of availability, but that’s less of an issue as the market shrinks.
Tesla, according to Musk,can keep the prices due to their insane margins. Musk actually wants these subsidies cut to destroy his competition.
I just don’t think his product will be competitive when the market moves up a whole price bracket, even if he thinks so.
People willing buy a 30,000$ new car are going to have more patience for poor quality than people who are willing to pay 40,000$. Like the market will shrink as some people are priced out, and those who remain will probably opt for something like an Ioniq-5, a Solterra, or a EX30 which are just nicer cars. Their main issues right now are a lack of availability, but that’s less of an issue as the market shrinks.