To The Moon

I think Tesla's price increase for the Model Y comes at a time when new energy state subsidies have just been withdrawn, while BYD, Guangzhou Auto and other leading new energy brands have long announced price increases, and many car companies have also been using the "limited time price guarantee" gimmick to attract customers, before Tesla's price cuts have caused many competitors to lose their footing.

After the Spring Festival, the trend of price cuts spread, more car companies joined the price war started by Tesla. In addition, Tesla's price reduction war has worked, orders have increased, customers recognize the Tesla brand, the performance has improved significantly, so it is only natural that the Tesla price increase.

For Tesla this Model Y price increase, it is expected that no other new energy brands to follow the price increase action. For the frequent price increases, Tesla has repeatedly stressed its "cost pricing" principle. The Tesla price adjustment covers numerous engineering innovations and is essentially a unique law of cost control." The Model Y rear-wheel model price increase, many industry insiders think it is to stimulate consumer demand to buy, to look at a little first buyers to release the signal will not continue to reduce prices.

At the same time, the strong market demand for the Model Y prompted Tesla to raise the Model Y price to protect profitability. But other car companies in order to capture business and competition, price reduction war or will continue.

$Tesla Motors(TSLA)$ 

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