The Secret That Explains the Price of the Cheapest Tesla – Bloomberg

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Elon Musk’s always-changing prices are unique in the auto world, and will be under the microscope like never before.
If you want to predict how much Tesla’s cheapest car will cost at any given time, you just have to know one thing: the average price paid for a new vehicle in the US. Only $300 or so separates the two figures, on average.
It’s been that way from the start, according to a new analysis of pricing data compiled by Bloomberg. When the Model 3 went into production in 2017, Elon Musk touted a $35,000 starting price that almost exactly mirrored the $34,944 average cost of a new vehicle at the time. Five years and a burst of inflation later, a Model 3 costs $46,990, versus the $47,692 average in the US.

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