Elon Musk: Tesla is waiting for inflation to ‘calm down’ before finally reducing EV prices
July 15, 2022
Elon Musk says that Tesla is waiting for inflation to “calm down” before it can finally start reducing the prices of its electric vehicles, which have increased 20-30% over the last two years.
Early in the electric vehicle revolution, one of the main complaints was the cost.
EV enthusiasts counter the argument with the claim that cost would go down with volume and as battery cost would…