It will be interesting to see what happens when Tesla hits 200,000 units sold and the $7500 federal tax credit subsidy is scheduled to start ramping down.
I’m betting (assuming Dem control of the WH) that the rules will be changed to extend it.
If $35k is what the car can actually be bought for and is profitable for the company, it’s comparable to the smaller models of status brands and will have just as much status appeal. Add in much lower operating cost and it may work without subsidy. Needs to.