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by _ea1k 1565 days ago
There are several valid answers, IMO.

One, they have increased to some extent. The base Model 3 was announced as a $35k vehicle with 215 miles of range. Today, the closest trim to that has risen in price from ~38k a year ago to ~45k today, but also to 270 miles. The LR was RWD at launch and ~325 miles. It has since grown to AWD and ~350 miles.

Beyond that, they've really focused on margin expansion more than range expansion. The current LR vehicles are remarkably practical for the majority of their use case, especially as the supercharger network has continued to expand to allow charging at the most optimum times in most cases. They seem to have a realization that consumers will tend to choose the highest range, even when its past the real needs for their use case and have slowed range expansion as a result.

They aren't totally wrong. I do think they will resume expanding range once competitors really start to push them to do it. I think that situation is still 2-3 years away, though.