Entering that into a CPI inflation calculator, that is $50k in 2026 dollars due to inflation.
A Model 3 today starts at $38, which is WELL BELOW the 2016 promise. Corrected for inflation, that's roughly $28k in 2016 dollars
They effectively overdelivered on that promise.
The complaint here, is that Chinese manufacturers, who are mostly in a death battle against each other and not profitable are even cheaper than Tesla and Toyota. In the long run, I suspect that picture will simply not be sustainable for those companies.
Entering that into a CPI inflation calculator, that is $50k in 2026 dollars due to inflation.
A Model 3 today starts at $38, which is WELL BELOW the 2016 promise. Corrected for inflation, that's roughly $28k in 2016 dollars
They effectively overdelivered on that promise.
The complaint here, is that Chinese manufacturers, who are mostly in a death battle against each other and not profitable are even cheaper than Tesla and Toyota. In the long run, I suspect that picture will simply not be sustainable for those companies.