If you just go on Tesla’s website, click the model 3, switch “potential savings” to “purchase price” you find that the model costs $40k before tax incentives. If you go on Chevy’s site you’ll find that the Bolt price is $31k before tax incentives. So, it looks like I was off by about $1k in my initial estimate. Let me know if you are seeing different numbers. Maybe Tesla has some kind of hidden option to get a cheaper Model 3?
Interesting looks like they changed pricing. 6 months ago the Tesla Model 3 SR+ was $38,500 and the Bolt was $37,495. In any case the point stands the pricing you are seeing is the result of supply and demand dynamics not a decision by Chevy to target a different market segment. I makes sense for Chevy to sell a certain number of bolts even at a loss so they don’t have to pay their competitors for ev credits that is what is going on there. Chevy didn’t somehow figure out how to make a cheaper ev in the past year.
