They are delivering as much value as fast as possible given X metrics.
The cheapest Model 3 price is within the ASP of the average US car, and it is good value.
As soon as they can do cheaper, they will.
The cheapest Model 3 price is within the ASP of the average US car, and it is good value.
As soon as they can do cheaper, they will.
The average, sure. But nowhere near the median. Average prices in the US are heavily weighted by pickups and luxury sales. The median for new buyers is somewhere around $25k [0]. The cheapest Model 3 you can actually buy is still ~$40k without incentives. That's an $800 car payment - firmly in luxury territory. It won't be until the average joe can buy a 60kWh electric car for a $200 payment with a couple thousand down that EVs will go mainstream. At $80/kWh there's no reason Tesla couldn't do this right now.
[0] https://www.concannonbc.com/how-much-does-a-typical-american...