Hacker News Reader

If Tesla lowers their prices, other EVs manufacturers are forced to do the same to remain competitive.

https://www.reuters.com/business/autos-transportation/tesla-...

New Mercedes-Benz EQ models can be easily had for 20-30% off MSRP. Yes, this is partially due to MB setting the MSRP unrealistically high, but it’s indicative of the broader market for EVs right now.

Are other brand EVs selling at high prices? Or are they sitting on lots at high prices?

For a resale impact it doesn't matter much if the price is low or high, it matters if the price drops.

> a resale impact it doesn't matter much if the price is low or high

If you're actually trying to sell them, it does. If you're marking your assets on a balance sheet, the "price" matters more than the price.