4min chapter

Ride the Lightning: Tesla Motors Unofficial Podcast cover image

Episode 351: Tesla Q1 Earnings Call Recap and Analysis

Ride the Lightning: Tesla Motors Unofficial Podcast

CHAPTER

The Cost Challenges for Tesla

The car pricing is anticipating what we think is the probable growth in costs. And if that growth in cost does not materialize, we actually may slightly reduce prices. But obviously, we don't control the macroeconomic environment. We're working with our existing suppliers and others to figure out how to grow all of these raw materials as quickly as possible.

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