Part 4/12:
Tesla’s primary competition isn't other EVs but gasoline-powered vehicles. To dominate, reducing vehicle prices is crucial. The speculation is that Tesla might maintain current ranges but reduce overall vehicle costs—likely by utilizing fewer battery cells, thus lowering production costs. Offering more affordable vehicles with comparable range would significantly accelerate Tesla’s market penetration, especially considering that in the U.S., consumer preference leans heavily toward cheaper vehicles around the $25,000 range, rather than premium $60,000 models.