Elon Musk, the CEO of Tesla Inc (NASDAQ:TSLA), has weighed in on the ongoing debate regarding the electric vehicle manufacturer’s pricing, especially in the context of the company’s Full Self-Driving (FSD) feature.
What Happened: Musk took to X to address the issue, stating that the prices of Tesla vehicles are subject to frequent changes to align with production and demand.
He dismissed the Manufacturer’s Suggested Retail Price (MSRP) as the actual cost, saying, “Only a fool thinks the ‘MSRP’ is the real price. Tesla prices must change frequently in order to match production with demand.”
His comments were in response to a tweet by Whole Mars Catalog (Supervised), which criticized Tesla’s pricing strategy, suggesting that it was more chaotic than a monkey throwing feces at a …
Full story available on Benzinga.com
Elon Musk, the CEO of Tesla Inc (NASDAQ:TSLA), has weighed in on the ongoing debate regarding the electric vehicle manufacturer’s pricing, especially in the context of the company’s Full Self-Driving (FSD) feature.
What Happened: Musk took to X to address the issue, stating that the prices of Tesla vehicles are subject to frequent changes to align with production and demand.
He dismissed the Manufacturer’s Suggested Retail Price (MSRP) as the actual cost, saying, “Only a fool thinks the ‘MSRP’ is the real price. Tesla prices must change frequently in order to match production with demand.”
His comments were in response to a tweet by Whole Mars Catalog (Supervised), which criticized Tesla’s pricing strategy, suggesting that it was more chaotic than a monkey throwing feces at a …
Full story available on Benzinga.com
Elon Musk, the CEO of Tesla Inc (NASDAQ:TSLA), has weighed in on the ongoing debate regarding the electric vehicle manufacturer’s pricing, especially in the context of the company’s Full Self-Driving (FSD) feature.
What Happened: Musk took to X to address the issue, stating that the prices of Tesla vehicles are subject to frequent changes to align with production and demand.
He dismissed the Manufacturer’s Suggested Retail Price (MSRP) as the actual cost, saying, “Only a fool thinks the ‘MSRP’ is the real price. Tesla prices must change frequently in order to match production with demand.”
Other cars change prices constantly and often by wide margins via dealer markups and manufacturer/dealer incentives. Only a fool thinks the “MSRP” is the real price. Tesla prices must change frequently in order to match production with demand.
— Elon Musk (@elonmusk) April 21, 2024
His comments were in response to a tweet by Whole Mars Catalog (Supervised), which criticized Tesla’s pricing strategy, suggesting that it was more chaotic than a monkey throwing feces at a …Full story available on Benzinga.com Read Moreelectric vehicles, Elon Musk, Equities, EVs, FSD, Kaustubh Bagalkote, mobility, News, Social Media, TSLA, Global, Markets, TSLA, US88160R1014, News, Equities, Social Media, Global, Markets, Benzinga Markets
