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HomeTech NewsCar TechElon Musk acknowledges that Tesla prices "are embarrassing." There's a solution?

Elon Musk acknowledges that Tesla prices “are embarrassing.” There’s a solution?

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Lately, Tesla is making price increases on its main models. Over the last year we have already informed you on several occasions of this situation. And now, Elon Musk himself has recognized that these price increases are in “shameful” limits.

The CEO of Tesla He affirms that the problems that the pandemic has caused to the supply chain and production, added to the high inflation caused by the war between Ukraine and Russia, have caused the company to have no choice but to raise prices.

Elon Musk speaks clearly about Tesla prices

It has been in a investor conference callwhere Elon Musk has taken the opportunity to, in addition to talking about Tesla’s financial results, about the price increase of his fleet of vehicles.

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Elon Musk acknowledges that Tesla prices are embarrassing Theres a

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“We’ve raised our prices quite a few times. They’re frankly at embarrassing levels. But we’ve also had a lot of supply chain and production shocks and we’ve got crazy inflation.”

Fortunately, the CEO of the company has indicated that inflation can be reduced. which would prevent further uploads, in addition to marking the origin of a possible price drop, although it has made it clear that at the moment everything is up in the air.

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As Tesla’s CEO states, “I think inflation will subside towards the end of the year. I’m hopeful – and this is not a promise – but I’m hopeful that at some point we can lower prices a bit.”

Elon Musk has made it clear that they have no demand problem, quite the contrary. There are so many customers interested in its different Tesla cars that the company cannot cope with the number of reservations, since they do not have enough production capacity. For this reason, although it is true that the company is doing everything in its power to make delivery times shorter, it is currently impossible.

Also, if prices fell, demand would increase even more and this would worsen the situation. For this reason, Elon Musk has indicated that they have had no choice but to raise the price of their fleet of electric vehicles so that there is no greater gap between requests and Tesla cars delivered.

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If you are a driver who plans to buy a Tesla, our recommendation is that you have a little patience since now the delivery times are eternal and the prices are soaring. So wait a few months to see if this situation is gradually resolved.

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