Apart from the Covid-19 pandemic, Tesla CEO Elon Musk has once again expressed alarm about the ongoing chip supply situation that has plagued carmakers around the world. Musk, who recently blamed the situation for the repeated price hikes in some Tesla vehicles this year, compared it to a hypothetical toilet paper shortage to make his point.
Tesla has been forced to hold roughly 20,000 Model 3 and Model Y automobiles due to a missing part, according to sources. Tesla already recognised that it was facing some of the most onerous supply chain difficulties. “Prices are increasing owing to severe supply chain price pressure industry-wide,” Elon Musk stated in defending the decision to raise the price of Tesla cars. “In particular, raw materials.” He believes, however, that the crisis will not persist long. Musk said on Twitter, “That said, it’s obv not a long-term concern.”
The crisis may be one of the reasons why Tesla has been forced to postpone delivery of its Model S Plaid, which were set to begin today. It’s now been postponed for at least a week.