Part 2/11:
The launch of the Model Y around an estimated price point of $32,000 promises to significantly expand Tesla’s total addressable market. As indicated by industry experts, this is not merely a new product introduction but a strategic move with far-reaching implications. The model's discounted price could attract a whole new demographic of EV consumers, leading to a potential 3x increase in Tesla's market reach due to price elasticity effects.
Interestingly, many on Wall Street recognize the importance of this event, yet few seem to grasp how probable and imminent it is. The consensus has often been that the launch won't happen soon—however, mounting evidence points toward a high likelihood of an October debut.