Monday, March 20, 2023
Domains for Sale
Online Electric Vehicle Marketplace
Buy OnlineEV.com Domain
  • Home
  • Charge EV Map
  • Buying Advice
  • Videos
  • Buy
  • Sell
  • Charge
  • Finance
  • Insure
  • Park
  • Shop
No Result
View All Result
Online Electric Vehicle Marketplace
No Result
View All Result

Tesla Launches ‘The Great EV Deflation’ and Morgan Stanley is Bullish on the Automaker

Dr.Ev by Dr.Ev
01/28/2023
in EV History
267 17
0
136
SHARES
1.2k
VIEWS
Share on Twitter


Tesla is known for pushing the boundaries of innovation and shaking up the status quo in the automotive industry. The company’s latest move, a significant cut in prices for its electric vehicles (EVs), is no exception. According to Morgan Stanley, these price cuts have led to what the firm’s analysts are calling the “Great EV Deflation.”

This is a game-changer for the industry. Never before has a car company cut prices by 13-20% on the vast majority of its product range at one time. Morgan Stanley surveyed several dealers and automotive experts to see if they had ever seen this before, and not one of them could remember a single precedent. This is a clear indication that Tesla’s move is unprecedented and could signal a shift in the industry towards more affordable electric vehicles.

This is great news for consumers as it means that EVs are becoming more accessible and affordable. It’s no secret that one of the biggest barriers to EV adoption has been the higher cost compared to gas cars. With Tesla’s price cuts, that barrier is being lowered, and more people can now consider an EV as their next car purchase.

But the impact of the “Great EV Deflation” extends beyond just people who buy Tesla. It could also lead to a decrease in battery costs, which would further reduce the cost of EVs. This could lead to more widespread adoption of EVs, which would benefit not just Tesla, but the entire industry.

In light of these developments, it’s no surprise that Morgan Stanley has confirmed its Outperform rating and $220 price target on Tesla. The firm believes that the recent price cuts will help Tesla increase its market share in the EV market and drive down the cost of EVs.

While some investors may be concerned that Tesla’s price cut move may upset customers who recently paid much higher prices for the exact same car, Morgan Stanley has addressed this issue in their report. The firm’s analysts recall that 110 years ago, Henry Ford introduced the Model T “Runabout” and reinvented mass production, which led to a sharp decrease in car prices. This move revolutionized the automotive industry and made cars more affordable for the masses.

Similarly, Tesla’s recent price cuts could be seen as a move to revolutionize the EV industry and make electric cars more accessible to a wider range of consumers. While some recent buyers may feel disappointed, the overall impact of these price cuts could be positive for the industry and for consumers in the long run.

Moreover, Tesla has a reputation for being customer-centric and has a history of offering generous discounts and incentives to its customers. It’s possible that the company has a plan in place to address any potential dissatisfaction among recent buyers.

So, Morgan Stanley believes that Tesla’s recent price cut move is a long-term strategy to revolutionize the EV industry and make electric cars more accessible to a wider range of consumers, similar to how Henry Ford’s mass production led to a sharp decrease in car prices 110 years ago. While some recent buyers may feel disappointed, the overall impact of these price cuts could be positive for the industry and for consumers in the long run.

In their report, Morgan Stanley’s analysts noted that nothing like the innovation that Henry Ford brought to manufacturing has yet to happen in the electric vehicle industry, particularly at Tesla. They wrote that we are only in the early days of Tesla’s price cuts, and this is the beginning of when changes in design, manufacturing technology, and scale will lead to a deep deflation in the price of electric vehicles.

“While it’s still early days following the Tesla price cuts, we believe history will reflect upon this time as the moment when changes in design, manufacturing technology, and scale enabled profound deflation in the price of EVs. Potential changes to industry composition and market share may take years to play out. But we believe the EV forecasts and manufacturing plans of competing EV players (startup and legacy) may potentially need to be fundamentally reconceived,” Morgan Stanley said.

This statement highlights the significance of Tesla’s recent price cut move and how it could potentially lead to a major shift in the EV industry. As Tesla continues to innovate in design and manufacturing technology, they could potentially drive down the price of electric vehicles and make them more accessible to a wider range of consumers.

Furthermore, Morgan Stanley believes that Tesla’s move could force other EV manufacturers to reconsider their forecasts and manufacturing plans. This could lead to a shakeup in the industry and potentially change the competitive landscape in the EV market.

In conclusion, Morgan Stanley believes that Tesla’s recent price cut move is a significant step towards bringing about a “Great EV Deflation” and could lead to a major shift in the EV industry as Tesla continues to innovate in design and manufacturing technology, potentially driving down the price of electric vehicles and making them more accessible to a wider range of consumers.

Tesla’s latest move to cut prices on its EVs is a bold and game-changing move that could lead to the “Great EV Deflation” and the beginning of the end for gas cars. It’s a win for consumers and the industry as a whole.
This price slashing strategy is sure to revolutionize the electric vehicle industry, and Tesla is leading the charge. As investors and automotive enthusiasts alike watch closely to see what Tesla does next, it is clear that the ‘Great EV Deflation’ is here to stay.

What do you think about Tesla’s effect in the automotive industry after these recent price cuts?

Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.





Source link

You might also like

HDrive shows electric minibus at Fully Charged | News – Australasian Bus and Coach

Why U.S. News Thinks the Ford F-150 Lightning Is a Better Choice … – MotorBiscuit

Ford’s Massive Mistake, Another Blow – 24/7 Wall St.

Tags: AutomakerBullishDeflationgreatlaunchesMorganStanleyTesla
Previous Post

VinFast North America Launches, Will Combine US And Canadian Operations

Next Post

Tesla teases product roadmap March 1: Robovan, Cyberwagon, Model 2?

Dr.Ev

Dr.Ev

Related Posts

Electric vehicle numbers have 'exploded' but too few charging stations in Ontario, experts say – CBC.ca

HDrive shows electric minibus at Fully Charged | News – Australasian Bus and Coach

by Dr.Ev
03/20/2023
0

HDrive shows electric minibus at Fully Charged | News  Australasian Bus and Coach Source link

Electric vehicle numbers have 'exploded' but too few charging stations in Ontario, experts say – CBC.ca

Why U.S. News Thinks the Ford F-150 Lightning Is a Better Choice … – MotorBiscuit

by Dr.Ev
03/19/2023
0

Why U.S. News Thinks the Ford F-150 Lightning Is a Better Choice ...  MotorBiscuit Source link

Electric vehicle numbers have 'exploded' but too few charging stations in Ontario, experts say – CBC.ca

Ford’s Massive Mistake, Another Blow – 24/7 Wall St.

by Dr.Ev
03/19/2023
0

Ford’s Massive Mistake, Another Blow  24/7 Wall St. Source link

Electric vehicle numbers have 'exploded' but too few charging stations in Ontario, experts say – CBC.ca

Charged – Answers In Genesis

by Dr.Ev
03/19/2023
0

Charged  Answers In Genesis Source link

Next Post
Tesla teases product roadmap March 1: Robovan, Cyberwagon, Model 2?

Tesla teases product roadmap March 1: Robovan, Cyberwagon, Model 2?

Related Post

Future of Electric Vehicles in India-Audio Article

Future of Electric Vehicles in India-Audio Article

01/15/2023
Electric car or Petrol car? Which is better? cost analysis #shorts #electric  #shortvideo

Electric car or Petrol car? Which is better? cost analysis #shorts #electric #shortvideo

01/07/2023
Tesla Model Y Strong Sales in Singapore Even With High Price Tag

Tesla Model Y Strong Sales in Singapore Even With High Price Tag

12/01/2022

Category

  • Buying Advice
  • Electric Cars
  • EV Charging
  • EV Comparisons
  • EV History
  • EV News
  • eVtol
  • Flying EV
  • Future EVs
  • Tesla
  • Videos

Recent Posts

Electric vehicle numbers have 'exploded' but too few charging stations in Ontario, experts say – CBC.ca

eVTOL Aircraft Market Reflect Impressive Growth Rate to During … – Digital Journal

03/20/2023
Electric vehicle numbers have 'exploded' but too few charging stations in Ontario, experts say – CBC.ca

This is how Regeny is catering to the GCC's emerging EV landscape – YourStory

03/20/2023

Categories

  • Buying Advice
  • Electric Cars
  • EV Charging
  • EV Comparisons
  • EV History
  • EV News
  • eVtol
  • Flying EV
  • Future EVs
  • Tesla
  • Videos

Follow Us

Recommended

  • eVTOL Aircraft Market Reflect Impressive Growth Rate to During … – Digital Journal
  • This is how Regeny is catering to the GCC's emerging EV landscape – YourStory
  • Future Electronics Powers The Future With EV Charging Energy… – MENAFN.COM
  • Scratched EV battery? Your insurer may have to junk the whole car – Reuters.com
  • HDrive shows electric minibus at Fully Charged | News – Australasian Bus and Coach

© 2022 Online EV

No Result
View All Result
  • Home
  • Charge EV Map
  • Buying Advice
  • Videos
  • Buy
  • Sell
  • Charge
  • Finance
  • Insure
  • Park

© 2022 Online EV

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In