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by slg 2522 days ago
Your comment directly conflicts with what was stated in this letter:

>During the quarter, a majority of orders continued to be for a long-range battery option and the Model 3 average selling price (ASP) was stable at approximately $50,000. At the same time, manufacturing costs continued to decline.
1 comments
new_realist 2522 days ago
Yes, the ASP was stable... during the quarter.

In 2018 the Model 3 ASP was above $57K.

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slg 2521 days ago
It is a bit misleading to use an ASP number from 2018 as a measure of demand since they weren't delivering the entire range of vehicles at that tine. Tesla started out focusing on the cars with a high price and margin which artificially increased the ASP over where it would naturally settle. Therefore a decrease from that initial high is not any type of indicator of demand.
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