In a shocking turn of events, Electric Car makers SleekSpeed have decided to unveil a series of price bumps that seem to be scaring away potential buyers. The company, which has seen negative growth for the past two years, decided to raise prices in hopes of making up for lost revenue.
“Customers love surprises,” said SleekSpeed’s CEO, Elon Nugget. “We felt it was time to give them a little shock by upping our prices. We’re confident they’ll love it!”
While the CEO seemed undeterred by the backlash from customers, the company’s stock price took a nosedive. Investors are baffled by the company’s move to hike prices when the competition is cutting theirs.
“Who in their right mind would pay more for an electric car when you can get a Tesla for less?” questioned one investor.
The price hikes have also created a rift within SleekSpeed’s own team, with some executives quietly questioning the CEO’s decision making.
“Elon’s lost his marbles,” muttered Vice President of Marketing, Carli Brandini. “I suggested we follow Tesla’s lead and cut prices, but he wouldn’t hear of it.”
Despite the rising criticism, some loyal customers of SleekSpeed remain optimistic.
“I believe in the brand,” said Elroy McFly. “I’ll pay any price for a car that will help the environment. Besides, it’s not like I was going to buy a Tesla anyway.”
As SleekSpeed continues to struggle in the marketplace, their price hikes seem to have left them in a deep hole. Perhaps they’ll take inspiration from their competition’s success and lower their prices before it’s too late.
