Part 5/11:
Levy discusses potential future price cuts driven by increased supply, especially as new manufacturing capacities come online. He notes that broad industry trends, especially in the U.S., show declining vehicle prices post-pandemic peaks. Given Tesla’s rising market share—about 1.4% recently—such adjustments could further expand its foothold in the EV market.
He also mentions the impact of the Inflation Reduction Act (IRA), which caused a pull-forward demand in the first quarter as consumers anticipated full EV tax credits, temporarily boosting sales but complicating demand predictions for subsequent periods.