Mechmathi
2023-09-02
$Tesla Motors(TSLA)$ 

Improving the configuration and raising the price is a very good business play. On the one hand, it can continue the price war, on the other hand, it can prevent the brand positioning from declining due to the price war, and at the same time, it can expand the scope of user groups, which can achieve multiple goals and benefit Tesla in general. However, there should be some technical problems to be solved during the expansion of production.

New Model 3: Why Such a Significant Price Increase?
Tesla refreshes Model 3 with a longer range, and higher price in China. The refreshed version of the Model 3 came with a starting price 12% higher than the previous, reversing a trend toward price cuts which had sparked a price war between Tesla and EV rivals. What do you think is the reason for the significant price increase of the New Model 3?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Sunshinekim
    2023-09-02
    Sunshinekim

    A good analysis and perspective on the new T model and the intention behind the price raise. Must read. Thanks 

Leave a comment
1
11