"It feels like we hold EVs to some kind of different standard," Caldwell told BI, referring to the expectation that EVs should cost the same as gas-powered cars.
"There's a disconnect where people believe an EV should be $30,000 without realizing how hard that price point is to achieve amidst the rising costs of components and production."
"The average price paid for a new EV today is more than $56,000, showing significant market shifts since Musk's initial affordable EV vision in 2018."
"Tesla's Model 3 now starts at $33,990, pressuring other manufacturers to lower their prices and improve overall EV affordability in the market."
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