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by seanmcdirmid 810 days ago
The Model 3 is $36k in China, $38k in the USA. They've missed the mark a bit, so a $25k vehicle might be welcome, especially in developing economies.
3 comments

Well, adjusting for the inflation we’ve seen over the past few years, the price is actually not very far from 30k in pre-pandemic times.
They've already been beaten to the punch by BYD and their multiple cars under $20k. They even have a small hatchback for less than $10k!

https://electrek.co/2024/03/06/byd-launches-cheaper-seagull-...

Sure, but Tesla could always compete against BYD here if they wanted to. There might not be much profit in it, however, and Tesla has a bit better reputation at the high end whereas BYD might still be struggling to sell its higher priced vehicles (for now).
> They've missed the mark a bit

So, $25k car would actually be $30+k