No. of Recommendations: 1
Berlin and Texas will be producing the Model Y and they think it will be the best selling model going forward.
Pricing is straightforward and allows for zero negotiation. The rear-drive Standard Range Plus Model 3 carries a price tag of $39,990, the all-wheel-drive Long Range comes in at $48,990, and the Performance at $56,990. Prices include the $1,200 destination fee.
https://www.kbb.com/tesla/model-3/
49,000 vs. 58,000, 16% difference.
Apple 2020 revenue 274,300,000,000
Model 3 avg. price 49,000
Sales to match Apple 5,597,959
Tesla 2021 sales 900,000
TSLA vs. AAPL 6.22::1
Parity 5,597,959
It would delay Tesla catching up with Apple 6 month to a year,
Year 80% 50%
2,021 900,000 900,000
2,022 1,620,000 1,350,000
2,023 2,916,000 2,025,000
2,024 5,248,800 3,037,500
2,025 9,447,840 4,556,250
2,026 17,006,112 6,834,375
Denny Schlesinger