The Real Reason The Tesla Model 3 Costs More Than Ever Today

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One of the priciest electric automobiles on the market, the Tesla Model 3 has seen a steady increase in price over the past year.

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The primary cause of this is the vehicle's rising demand and constrained supply.

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Tesla must raise prices in order to stay up with consumer demand because they are currently unable to satisfy all of the demand for their automobiles.

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Additionally, because Tesla only makes a few hundred thousand cars annually,

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there aren't enough of them to meet demand, which drives up pricing.

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In the end, increased prices translate into better profits for Tesla,

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but regrettably also into less options for prospective buyers looking to purchase an affordable electric vehicle.

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