The one and only Elon Musk answers the question.
For over a year now, Tesla has been increasing prices for its most popular vehicles. Both the Tesla Model 3 and Model Y continue to get more expensive with the most recent change happening only a couple of weeks ago. The price has been increased by about $500 each time but it adds up. The Model 3 cost $2,500 less in March.
Tesla instituted these price changes without prior warning, so it s been in the customers best interest to make a purchase sooner rather than later. But why are these increases happening in the first place? Is it because of high demand? Or, just because Tesla is in the position to do so?
Once the V8 is gone, then what?
The powertrain of the future has been decided. After more than a century, the internal combustion engine has begun its phased withdrawal. Battery-electric technology will take its place. Existing non-BEV passenger vehicles will either have to adapt or retire as well. For brands like Dodge, which relies heavily on powerful V8-powered muscle cars, the stakes couldn t be higher. But this technological shift also presents huge opportunities and Dodge is determined to embrace this path. Speaking to Muscle Cars and Trucks, head of Dodge Sales Operations, Matt McAlear, acknowledged changes abound. But not all change is bad.