Quote:
Originally Posted by opendoor
I think that's probably correct. It looks like their order backlog is dwindling and them raising their prices twice in 2022 might have given them to a short-term revenue boost, but was probably a poor long-term move in terms of sales.
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I would imagine that they will have to eventually drop their prices back closer to pre-pandemic pricing as their vehicles really shot up in cost. The RWD Model 3 is a full $10K USD higher than what was supposed to be a $35k EV at release.