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stetrain 5 hours ago

They built production capacity for 125,000-250,000 units per year. They are selling around 20,000 units per year.

It was supposed to cost $39k at the low end and have 500 miles of range at the high end. This drove the hype and high reservation numbers.

In reality it costs $79k and offers up to 325 miles of range. Doubling the price is going to significantly limit the reach of the product.