Comments by "" (@mrpmj00) on "Tesla Won't Hit 3Q Model 3 Production Target, Canaccord Says" video.

  1. The average household income is $50k, so once the market for those who can afford a $60k+ car and will buy a Tesla dries up, there won't be any market penetration beyond those buyers. The mass market demand is for a SUV, not a sedan Model 3 or Model S; the Model X at $150k is not in the budget of the mass market. Tesla's market share will always be tiny because the average household income for Model X is $500k, Model S is $250k, Model 3 is $150k....nowhere near the average household income of $50k.
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