Technology Elon Musk blames ‘supply chain price pressure’ for Tesla’s increasing prices
The T in the Logo of Tesla is not for the brand name - that actually takes over
© Provided by Business Insider Germany Tesla Logo Store Humphery / Shutterstock Elon Musk always ensures new surprises - even with the explanation , for which the logo of his well-known electric automobe is actually, he ensures a real "AHA" torque for all Tesla fans. Namely, this is not approximately expecting for the brand name Tesla, but should represent the cross section of the electric motor , which the original inventor Nikola Tesla had already recorded at the beginning of the Tesla story.
Tesla CEO Elon Musk has blamed supply chain price pressure for incremental price increases the company has made to its Model 3 and Model Y vehicles over the past several months. “Prices increasing due to major supply chain price pressure industry-wide,” thein response to a complaint about the changes. “Raw materials especially.”
Today,to say that “microcontroller chips” are a particular challenge right now. But although Musk said that he’s “never seen anything like it,” he added that he doesn’t expect this to be a long-term issue. “Fear of running out is causing every company to overorder – like the toilet paper shortage, but at epic scale.”
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Musk hadin an April earnings call that Tesla was well placed to weather the global chip shortage by “pivoting extremely quickly to new microcontrollers.”
Our biggest challenge is supply chain, especially microcontroller chips. Never seen anything like it.
Fear of running out is causing every company to overorder – like the toilet paper shortage, but at epic scale.
That said, it’s obv not a long-term issue.— Elon Musk (@elonmusk)
Tesla’s price changes in recent months. The Standard Range Plus version of the Model 3 has increased from $36,990 to $39,990 , for example, while the Model Y Long Range AWD version has gone from $49,990 to $51,990 over the same period. Tesla has updated its prices almost half a dozen times since February this year.
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Tesla is far from unique in seeing its prices affected by the global chip shortage, which has had a wide-reaching impact on the manufacturing of everythingto . Automakers have been by the shortage, and have had to temporarily shut down production lines even as demand for new cars and trucks increases.
Moving lumbar was removed only in front passenger seat of 3/Y (obv not there in rear seats). Logs showed almost no usage. Not worth cost/mass for everyone when almost never used.
Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially.— Elon Musk (@elonmusk)
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