Tesla and Musk Use Ingenious Trick to Get Buyers to Pay More

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The Street

By Luc Olinga Tesla and CEO Musk have a clever way to entice buyers to pay for an expensive feature. If you order a new vehicle today, you really can’t know for sure when you’ll get it. The reasons are clear: the supply-chain disruptions and the shortage of semiconductors during the pandemic. The situation has further deteriorated since Russia invaded Ukraine. This conflict caused a surge in the prices of crude oil and in raw materials like nickel, aluminum and palladium. The three elements help make catalytic converters, air conditioner condensers and other essential car parts. Nickel is used…

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