Throughout 2021, Tesla has become a habit of randomly raising prices for its own vehicles . These price hikes apparently happen for no reason at all, but thanks to a insight from Elon Musk, there is currently at least some understanding as to the reason why prices have been creeping up month after month.
Tesla cost increases this year have been — regular — to say the very least. Often changing prices isn’t something new for the organization, but this year appears to get attracted more volatility than normal. Choose the Tesla Model 3, for instance. The Standard Range Plus unit has been available for only $36,990 before this year, but as of June 2021, that identical configuration now costs $39,990. The same can also be said of this Model Y. The Long Range model could be purchased for $48,490 at the beginning of the calendar year, but at the time of publication, it’s currently going for a hefty $51,990.
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After weeks of the activity with no ending in sight, a Twitter user reached out into Elon Musk and asked him about that. User @Ryanth3nerd said,”I really don’t like the direction Tesla is going raising prices of vehicles but removing features like lumbar for the Model Y.” He also commented on rumors of Full Self-Driving increasing from $10,000 to $14,000 later this calendar year, further driving home the point which cost increases have become a norm for the company. Musk, because he often does, did respond. In regards to this Model Y cost rises, specifically, he says,”Moving lumbar was removed only in front passenger seat of 3/Y (obv not there in rear seats). Logs showed almost no usage. Not worth cost/mass for everyone when almost never used.” It is a reasonable excuse that Tesla might have addressed in a media release, but because the provider’s PR department has been dissolved last year, folks are now hooked on these random tweets from Musk to clear the air on matters.
Musk also commented about cost increases in the bigger picture, stating,”Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially.” That is in response to the international computer chip shortage that has been happening for weeks at this time, leading to worsened accessibility to game consoles, pc GPUs, notebooks, cars, and more. There’s currently enormous demand for all types of merchandise which use these processors, providers can’t maintain it, and that is why purchasing a new Tesla or even PS5 has turned out to be this difficult recently.
That is something Tesla was thinking about recently, as evident by a record by a few days back. It is said that Tesla was considering a few choices for staying ahead of this deficit, including purchasing its own chip plantlife. The chances of this happening is fairly slim, but it’s proof that Tesla is possibly worried about the long-term effects of the shortage.
For the long run, it’s safe to expect more of the same. Costs will probably remain creeping up every so often, delivery times will last to get pushed back by months or weeks at one time, and those patterns may persist until chip providers can get back to a level of normalcy. Industry leaders like Nvidia and TSMC have implied that may not be till 2022 or even 2023, so it might be a tough few months beforehand for anyone seeking to purchase a Tesla between then and now.
Next: Tesla Begins Monitoring Driver Attentiveness With In-Car Camera
Source: Elon Musk
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