Correct. The rate of increase in prices is cooling off.
The thing that will decrease Tesla prices is competition. If Tesla sales start to drop they will offer limited time price decreases, free Supercharging, referral incentives, etc., and lower priced models.
The thing that could decrease prices across the board is central banks around the world aggressively hiking interest rates to reduce demand and bring it more in line with reduced supply, and this has an outsized impact on large financed purchases like houses and vehicles. While we're in this period of shifting monetary policy, basically the entire auto industry is pumping billions into new factories and increased production that could start rolling out at the least opportune moment in the last 40 years or so.
Existing rules about price increases over time can be thrown out the window right now, probably few if any of us here have existed as adults in a period like this. As well, we know that markets tend to overcorrect in both directions and we're coming out of what might have been the craziest period ever for vehicles -- people were actually flipping used vehicles and even factory orders for profits. Three years ago, just driving a car off a lot meant a huge depreciation hit.
Logic suggests that after such a crazy run up, we should see a correspondingly-crazy decline. I guess time will tell, but my money would be on central banks aggressively hiking until their goal is achieved. If prices don't come down because demand hasn't come down enough, they'll hike again. And they'll hike until something breaks, then they'll start easing off a bit.
IMHO anyone waiting for a price decrease on Teslas is living in a fantasy world. Used car prices will likely come down somewhat. This is not real estate. With waiting lists approaching a year for new Teslas, prices will not soften until Tesla has excess inventory over demand.
I see people getting MYPs and M3Ps in 2-3 months in delivery threads here, they're almost the same price as the LR versions now.
And I think high trade-in values are propping up deliveries, the number of used Model Ys listed on Tesla's site is high and the number of Model 3s listed is obscene
Find new and used Tesla cars. Every new Tesla has a variety of configuration options and all pre-owned Tesla vehicles have passed the highest inspection standards.
www.tesla.com
People are dumping their 0-3 year old previous models into the used market for new factory orders and paying whatever small difference there was between the trade-in value and the new price.
I bet Tesla is listing all the used models with FSD so they can incentivize new factory orders among people who don't want to pay for FSD, and then they'll start removing FSD to make it seem like prices have come down $12k.