Why is the Tesla Model S so expensive?
1 Answers
Tesla is expensive for the following reasons: 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. Tariffs: Since Tesla cars are currently only produced in U.S. factories, models that are not expensive in the U.S. require import tariffs when sold in China, increasing costs. Advanced technology: Tesla's advanced technology leads other brands in various technical indicators, resulting in higher R&D and manufacturing costs, which is also why Tesla cars are expensive.