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From $50K Cars to Used EVs: What It Means for Tesla and the Auto Market
Description
Kevin Roberts of CarGurus (CARG) explains how rising vehicle prices are widening an affordability gap in the U.S. auto market. He discusses shifting demand dynamics between new and used cars, renewed interest in electric vehicles as gas prices climb, and why more affordable EV options are becoming critical. Roberts also weighs in on the pressure for Tesla (TSLA) to introduce lower‑priced models to stay competitive as consumer budgets tighten.
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