The price of Tesla cars will drop on one condition (and it's not won)

A South Korean journalist challenged Elon Musk on the price of Tesla Model S, 3, X and Y, on July 15 on Twitter.

The billionaire replied that "if inflation calms down, we can lower the price of cars"

reports

.

The Covid-19 crisis and the war in Ukraine have indeed led to an increase in Tesla's supply, storage and assembly costs.

This situation forced the American company to increase the price of its vehicles.

Since 2020, the prices of Model S, 3, X and Y have thus experienced an average increase of 20 to 30%.

If inflation calms down, we can lower prices for cars

— Elon Musk (@elonmusk) July 15, 2022

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Demand greater than supply

Result: in France, the base price of the Model 3, ecological bonus included, went from 40,000 to 49,990 euros.

Despite the aid put in place by the State, such as the “electric car for 100 euros per month”, this type of vehicle therefore remains reserved for a wealthy segment of the population.

However, the current context does not in any way seem favorable to a lull in inflation, notes

.

Therefore, demand should remain higher than supply for Tesla, especially since sales of new diesel and gasoline vehicles will be banned in Europe from 2035.

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