Tesla has raised prices four times within a month, industry insiders say ‘Confidence’ comes from the high resale value.
Industry Insiders Say Tesla Has Raised Prices Four Times in Just One Month, Emphasizing the 'Confidence' that Comes with High Resale Value
【PhoneAuto News】On the morning of November 21st, Tesla officials announced: “Starting today, the price of the Model Y Long Range version has been increased by 2,000 yuan, with a selling price of 304,400 yuan.” Tesla has raised its prices four times in the past month, shocking both consumers and the industry. Tesla CEO Elon Musk had previously stated that he was willing to sacrifice profit margins for sales, making the products more affordable. However, the reality is quite different.
Tesla
According to reports, Tesla’s pricing strategy is not simply influenced by cost pricing. On the contrary, Tesla has unique advantages in supply chain management, cost control, and technological innovation, enabling it to maintain a higher rate of value preservation while raising prices. According to industry insiders, Tesla’s resale value is much higher than the industry average, giving the company confidence to raise prices against the trend.
However, for other automakers, copying Tesla’s pricing strategy is not feasible. Instead, they need to strengthen their differentiation advantages and persist in systematic competition to improve their market competitiveness. This means that automakers need to pay more attention to product quality, technological innovation, and customer service, while also enhancing cooperation with suppliers to reduce costs and improve production efficiency.
- The 2024 Geely Haoyue L will be launched on the 24th of this month, continuing with the 2.0T engine.
- New batch of tax-exempt vehicle purchase tax list announced, including models such as Wanjie M9 EV.
- NIO President Qin Lihong Heavyweight products and models will be released at NIO Day.
For domestic independent brands, especially emerging players in the auto industry, facing Tesla’s price increase strategy, it is even more crucial to adhere to a differentiated development path. This includes engaging in differentiated competition with Tesla in terms of product positioning, brand marketing, customer service, as well as enhancing competitiveness through technological innovation and product quality improvement.
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