Tesla Catch All Thread. Hate us cause you ain’t us.

[juanmedina]

Originally Posted by Sid03SVT

404: 35k MSRP Tesla not found; the car is still 44k for it's cheapest iteration, the fact that regulations were rewritten to give American assembled cars a tax credit doesn't adjust what the vehicle lists at.

Interesting breakdown for the new limits though:
Vehicle make/models that appear in the list below do not automatically qualify. They must also

"Have undergone final assembly in North America
Not exceed a manufacturer suggested retail price (MSRP) of
$80,000 for vans, sport utility vehicles and pickup trucks
$55,000 for other vehicles"

I don't know why the 3-row model Y is considered an SUV but the 2-row falls into the "other" category with the lower limit, as does the Mach-E. The ID.4 has a SUV/not SUV designation by trim as well.

I was joking. Yeah you pay $44k and if you qualify for $7500 your end cost is $36,500. In 2024 the credit will be up front.

* Registered users of the site do not see these ads.

[rexster]

There's going to be a lot of pissed off people who's brand new Tesla just lost 10k in value. But the prices will probably go back up in the summer when the irs changes the rebate rules and gas prices go back to crazy.

Good luck to carmax and other used retailers still trying to get over 40k for used model 3s

[Sid03SVT]

Originally Posted by rexster

There's going to be a lot of pissed off people who's brand new Tesla just lost 10k in value. But the prices will probably go back up in the summer when the irs changes the rebate rules and gas prices go back to crazy.

Good luck to carmax and other used retailers still trying to get over 40k for used model 3s

Tesla makes ~$9,500 in net profit per vehicle, with a 33% gross margin (current numbers likely vary). IIRC Tesla dropped prices by $7,500 during Q4 of 2022 to boost sales in light of the pending 2023 EV tax credit revisions, even with that drop they were still making more profit on a per-model basis than any of the big boys.

I'd like to say there are only so many people in a certain income bracket that prefer a Tesla over a vehicle with an actual interior, build quality and a QA/QC procedure that has more steps than "can we load it on a truck and ship it?", but sales data indicate that number is higher than I though it was.

Tesla is still industry leading when it comes to batteries & motors, but that's not enough for me; apparently it was enough for two hundred thousand people in the US in 2022 though.

I wonder what the breakdown of purchases vs. lease is with Teslas, specifically the Model 3 & Y as those are clearly the volume sellers.

[juanmedina]

Originally Posted by Sid03SVT

Tesla makes ~$9,500 in net profit per vehicle, with a 33% gross margin (current numbers likely vary). IIRC Tesla dropped prices by $7,500 during Q4 of 2022 to boost sales in light of the pending 2023 EV tax credit revisions, even with that drop they were still making more profit on a per-model basis than any of the big boys.

I'd like to say there are only so many people in a certain income bracket that prefer a Tesla over a vehicle with an actual interior, build quality and a QA/QC procedure that has more steps than "can we load it on a truck and ship it?", but sales data indicate that number is higher than I though it was.

Tesla is still industry leading when it comes to batteries & motors, but that's not enough for me; apparently it was enough for two hundred thousand people in the US in 2022 though.

I wonder what the breakdown of purchases vs. lease is with Teslas, specifically the Model 3 & Y as those are clearly the volume sellers.

This guy tracks Tesla sales:

https://twitter.com/TroyTeslike/status/1613281372436836357

https://twitter.com/TroyTeslike/status/1613281372436836357

[rexster]

Originally Posted by Sid03SVT

Tesla makes ~$9,500 in net profit per vehicle, with a 33% gross margin (current numbers likely vary)…

They used to. We’ll see if that will continue now that there’s more competition.

[legav05]

Originally Posted by rexster

They used to. We’ll see if that will continue now that there’s more competition.

LOL... 10 year anniversary of the competition is coming. 45k for MY LR vs 63k for a Mach-E AWD extended range. Apparently the competition came all over themselves.

[juanmedina]

......,

[rexster]

Carmax just dropped prices on all used Teslas. Like 10-12k off used model 3s.

https://www.edmunds.com/tesla/model-...E1EA2KF398855/

[legav05]

Originally Posted by Sid03SVT

404: 35k MSRP Tesla not found; the car is still 44k for it's cheapest iteration, the fact that regulations were rewritten to give American assembled cars a tax credit doesn't adjust what the vehicle lists at.

https://www.in2013dollars.com/us/inf...4?amount=35000

"$35,000 in 2014 is worth $43,879.66 today"

LOL. Like 3500 of that was in the last 12 months alone.

[SubaDuba420]

Originally Posted by rexster

Carmax just dropped prices on all used Teslas. Like 10-12k off used model 3s.

https://www.edmunds.com/tesla/model-...E1EA2KF398855/

Yup, not just CM, i've been car shopping for a while and most dealers i've shopped have at least 3 Teslas on the lot, prices dropping WAY faster than the vehicles I'm looking at.

At these lower prices I'd take a chance on a Model3 dual motor IF they had an interior, but they DON'T, so I can't....

[juanmedina]

Originally Posted by SubaDuba420

Yup, not just CM, i've been car shopping for a while and most dealers i've shopped have at least 3 Teslas on the lot, prices dropping WAY faster than the vehicles I'm looking at.

At these lower prices I'd take a chance on a Model3 dual motor IF they had an interior, but they DON'T, so I can't....

If you are coming from a 2016 WRX it would still be a huge improvement

[mcarb002]

Out of curiosity, has there even been a car company that just made a portion of their customers lose this much equity overnight?
We all know a car starts depreciating as soon as they’re driven off the lot, but dayum, 10-20K overnight? This gotta be a first and hence why people should be rightfully pissed off. I expect zero love for those affected and not surprised at all, papa Elon being the crony capitalist that he is just thinks about short term gains.

[Hiryu]

There are a lot of people on the Tesla pages, threads, and forums that are upset about the drop. Granted, there are a lot that are parroting Elon's response about "you wouldn't pay Tesla back when they raised prices, would you?), but still.

Tesla really doesn't seem to be setting itself up for long term success...

• They seem to be relying on their existing models and don't have much in terms of viable future updates scheduled. Doesn't seem very-forward thinking in terms of maintaining a business? They have a low-volume roadster and a questionable truck scheduled...maybe a low-end car? Considering how long it takes them to get a new vehicle out, shouldn't they have already at least announced a few new mainstream vehicles that will produce the majority of their revenue? At this rate, they won't have any bread-and-butter vehicles out until the next decade.
  
• I've continually heard about their customer service quality dropping considerably from their early days (which would make sense to me; I could understand them bending over backwards when they were struggling, but once they reached such high demand, no reason for them to keep that up--and it sounds like they didn't).
  
• They've also seemingly established themselves as the next Chrysler, in terms of vehicle quality. It was one thing when they were struggling to get up and running, but there doesn't seem to be any desire or effort to improve.
  
• Dropping prices--even as much as they did--is probably within their right, but it's not gonna help loyalty.
  
• They are popular because they're electric, but I'd also say it's more than just that--they're the "hip" thing. Much like people didn't just want hybrids, they wanted Priuses (Prii...whatever). My friends' kids don't get excited about a one-of-a-kind roadster--they just know of and want a ride in the Tesla. But, the very definition of something being "hip" means that it's gonna be unpopular at some point (as hard as that is to think about during that thing's popularity)...and usually the more popular it was, the farther out of popularity it's gonna fall....and Tesla is pretty popular.
  
• Elon's antics aren't doing Tesla any favors...
  
• ...and neither are Tesla's annoying fanatics.
  
• And finally, the most telling thing is probably the fact that....I got one. I knew they were probably gonna go belly up as soon as I did.

But we'll see.

Oh, I forgot Wyoming is also banning EVs, so....

[legav05]

Originally Posted by mcarb002

I expect zero love for those affected and not surprised at all, papa Elon being the crony capitalist that he is just thinks about short term gains.

Gives new owners $20k off. Crony capitalism! I was shopping for a new phone too, maybe Apple will also get crony capitalism? Come on Tim Cook, a little more cronyism??

Maybe I'm crazy. Maybe we should bring in the Commissars to set fair prices for everyone. They could even control inflation. Maybe I'd be able to afford a dozen eggs.

[mcarb002]

Originally Posted by legav05

Gives new owners $20k off. Crony capitalism! I was shopping for a new phone too, maybe Apple will also get crony capitalism? Come on Tim Cook, a little more cronyism??

Maybe I'm crazy. Maybe we should bring in the Commissars to set fair prices for everyone. They could even control inflation. Maybe I'd be able to afford a dozen eggs.

So….if I understand this word salad correctly, what you’re basically saying is crony capitalism doesn’t exist? I’m sure you didn’t whine about gas prices…oops never mind, that was Brandon’s fault LULZzzzzzz

[legav05]

Originally Posted by mcarb002

So….if I understand this word salad correctly, what you’re basically saying is crony capitalism doesn’t exist? I’m sure you didn’t whine about gas prices…oops never mind, that was Brandon’s fault LULZzzzzzz

Word salad sarcastic reply to idea salad post.


...I haven't bought gas in 8 years.

[mcarb002]

Originally Posted by legav05

Word salad sarcastic reply to idea salad post.


...I haven't bought gas in 8 years.

Nah, Elon is a crony capitalist, fact.

[legav05]

Originally Posted by mcarb002

Nah, Elon is a crony capitalist, fact.

He's my crony, gave me 20% off.

[juanmedina]

The Ford Lighting has gone up in price 40% since the launch date on April 2022 and no one cares as long as they paid less.

I wonder if the people that bought houses during the high of the market are complaining to their realtor or the builder that they are houses are worth thousands less than what they paid and that their house prices are continuing to decline .

Tesla's business model is about transparency and there is no dealership front that can hide was really going on with pricing through fees, discounts and not fixed pricing. I wonder how many people really ended paying top dollar because there was huge backlog with people with grand fathered prices; the average selling Tesla price it is far below their listed prices. At the old prices and the current economic climate they don't have enough buyers to support their growth goals.

Tesla mission statement is “to accelerate the world's transition to sustainable energy.” They have to do this through increasing sales and Elon doesn't care about the stock price or hurting people's feeling. Tesla just increased their addressable market by a big margin and the company is in a very strong position and have enough cash to run the company for 3 years without making a dime.

I texted a couple of people that were thinking about getting a Tesla and one of the comments was interesting "That's a really good deal... not far from the new CRV we were looking at.... which doesn't get the credit." That is an entry level SUV right there. Tesla is going to get many more new customer and they increase prices later and makes those new customers really happy .

"Wyoming is also banning EVs" Wyoming who?

[Kostamojen]

YouTube (Short URL)

YouTube (Short URL)

[mcarb002]

Originally Posted by legav05

He's my crony, gave me 20% off.

Wow! Dude’s basically the second coming of Mother Theresa, look at these discounts he’s giving out of the goodness of his heart! Surely this proves he ain’t crony! Lol

[mcarb002]

Originally Posted by juanmedina

The Ford Lighting has gone up in price 40% since the launch date on April 2022 and no one cares as long as they paid less.

I wonder if the people that bought houses during the high of the market are complaining to their realtor or the builder that they are houses are worth thousands less than what they paid and that their house prices are continuing to decline .

Tesla's business model is about transparency and there is no dealership front that can hide was really going on with pricing through fees, discounts and not fixed pricing. I wonder how many people really ended paying top dollar because there was huge backlog with people with grand fathered prices; the average selling Tesla price it is far below their listed prices. At the old prices and the current economic climate they don't have enough buyers to support their growth goals.

Tesla mission statement is “to accelerate the world's transition to sustainable energy.” They have to do this through increasing sales and Elon doesn't care about the stock price or hurting people's feeling. Tesla just increased their addressable market by a big margin and the company is in a very strong position and have enough cash to run the company for 3 years without making a dime.

I texted a couple of people that were thinking about getting a Tesla and one of the comments was interesting "That's a really good deal... not far from the new CRV we were looking at.... which doesn't get the credit." That is an entry level SUV right there. Tesla is going to get many more new customer and they increase prices later and makes those new customers really happy .

"Wyoming is also banning EVs" Wyoming who?

But you must also perhaps have the ability to realize that this cut throat mentality of “he doesn’t care about hurting peoples feeling and he’ll replace them with new sheeple” isn’t necessarily a good long term strategy right? Many industries depend on loyalty and recurring customers. The car industry is one of them. Someone buying a car and liking it, buying one for his wife, recommending to others, becoming lifetime buyers. Nobody is buying a house for themselves, the wife, the teenage kid and buying another house every 5-6 years or something, real estate and car buying are different markets in many ways.

This no effs given attitude just doesn’t seem like a sound strategy…. Pissing off a sector of new customers to gain new ones is a zero sum game.

[samagon]

Originally Posted by mcarb002

Out of curiosity, has there even been a car company that just made a portion of their customers lose this much equity overnight?
We all know a car starts depreciating as soon as they’re driven off the lot, but dayum, 10-20K overnight? This gotta be a first and hence why people should be rightfully pissed off. I expect zero love for those affected and not surprised at all, papa Elon being the crony capitalist that he is just thinks about short term gains.

This is what a world without a dealer network looks like.

Hate it if you want, but it has some very good positive points.

[legav05]

Originally Posted by mcarb002

Wow! Dude’s basically the second coming of Mother Theresa

You've convinced me, thinking about switching. Any pricing info on her EV?

[juanmedina]

Originally Posted by mcarb002

But you must also perhaps have the ability to realize that this cut throat mentality of "he doesn't care about hurting peoples feeling and he'll replace them with new sheeple" isn't necessarily a good long term strategy right? Many industries depend on loyalty and recurring customers. The car industry is one of them. Someone buying a car and liking it, buying one for his wife, recommending to others, becoming lifetime buyers. Nobody is buying a house for themselves, the wife, the teenage kid and buying another house every 5-6 years or something, real estate and car buying are different markets in many ways.

This no effs given attitude just doesn't seem like a sound strategy***8230;. Pissing off a sector of new customers to gain new ones is a zero sum game.

What could Tesla have done? Lower the price more gradually? Tesla also lowered the price significantly to get more of their models under the EV tax credit threshold becuase in a way the EV tax credit was written to exclude Tesla's best seller models. The $7500 incentive right now doesn't look into the battery content and it is only available until March. The incentive might be less after March depending on the requirements. Some people got hurt; my Plaid is $15k cheaper than what I paid but in a way Tesla is putting the transition to EV's in high gear and with the EV tax credit is putting most of their cars under the average new car selling price.