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Interestingly, Musk points out that prolonged wait times signal continued high demand, making price cuts unnecessary at present. If demand diminishes or wait times decrease drastically, then Tesla might consider adjusting prices. For now, the demand appears stable or even rising, making the case for holding prices steady.
Geopolitical and Energy Concerns
Another question concerns the energy crisis in Europe, specifically Germany, where energy shortages threaten to disrupt production. Musk downplays immediate concerns, citing that countries like Germany have amassed natural gas reserves. He argues that power prices in North America, especially in hydroelectric-rich Vancouver where he resides, remain stable, contrasting sharply with Europe’s soaring energy costs.