Part 6/11:
Levy assures that Tesla’s inventory levels in the U.S. are “not bad at all,” and the company has flexibility to lower prices further if needed. Additionally, Tesla’s earlier price hikes for the Model Y provide room for further discounts without hitting record lows.
The Elon Musk Factor: Love Him or Hate Him
On the reputation and influence of Elon Musk, Levy shares a nuanced view. A recent poll of Americans revealed that 36% are less likely to buy a Tesla because of Musk’s statements, often over Twitter, which remains a potential overhang for the brand. Despite this, Levy points out that most consumers—around two-thirds—are indifferent to Musk’s public persona; his statements do not significantly sway their purchasing decisions. Some even view Musk’s persona as a positive.