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In response to
"Used Tesla prices *are* dropping, but that's because new Tesla prices are dropping. Also, used prices dropping is a good thing for adoption. -- nm"
by
Reagen
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Tesla has 20+% automotive margins. They have all sorts of room to drop prices. Other builders generally have much tighter margins on their EVs
Posted by
TWuG
Jul 12 '23, 10:10
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and that can hurt them if the market is tightening. But I think it's less a tight market and more a difference between what people want and what's on offer.
The Model 3 "Highland" update is probably going to result in a less expensive car to build and with longer range and a more refined interior and exterior. We should see those in Q4.
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