Why is Tesla so expensive?
1 Answers
Tesla is expensive for the following reasons: 1. Brand value: Since its inception, Tesla has been an industry benchmark, and its models have been tested by the market and consumers, giving them brand value. 2. Tariffs: As Tesla cars are currently only produced in U.S. factories, models that are not expensive in the U.S. require the payment of import tariffs when sold in China, increasing costs. 3. Advanced technology: Tesla's advanced technology leads other brands in various technical indicators, resulting in higher research, development, and manufacturing costs, which is another reason why Tesla cars are expensive.