Ilon Mask explained rise in price of Tesla cars

Founder and head of Tesla Ilon Mask called the reasons for rising prices for firm electric cars. According to him, the main reason lies in problems with supply chains. His words gives CNBC.

“Prices are growing due to price pressure from the main chains of supply in the scale of the industry. Especially for raw materials,” he explained. In May, Tesla increased prices on Model 3 and Model Y, which has become a fifth increase over the past few months. In April, Mask has already spoken about the difficulties for the company due to the global shortage of microcircuits. “We practically do not decide this particular problem,” he complained.

New cars are now available without lumbar support for the passenger seat. At the same time, it is a standard for premium cars, and is also used in the medium price category machines. In response to complaints of buyers, Mask said that almost no one uses this feature, so it was removed.

The shortage of semiconductors began last year, when in the conditions of pandemic and closing industries at the same time increased demand for equipment. Chips went to a computer technique, which massively bought in connection with the transition to a forced remote. The sharper of all the consequences for yourself felt a car industry: the chips are used there both for engine operation systems and for helping the driver. Some industry giants were forced to reduce production. The loss of cargo revenue only this year is estimated at $ 100 billion.

American companies, including Apple, Google, Amazon, Microsoft, asked $ 50 billion from the US government to fight chips deficit and expanding semiconductor outputs within the country.

/Media reports.