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#4051 | |
Scooby Specialist
Member#: 102793
Join Date: Dec 2005
Chapter/Region:
NESIC
Vehicle:2016 WRX Ugly Sedan |
![]() Tesla reportedly saw an uptick in crashes and mistakes after Elon Musk removed radar from its cars
https://www.businessinsider.com/tesl...-report-2023-3 Quote:
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#4052 | |
Scooby Newbie
Member#: 31952
Join Date: Jan 2003
Location: Washington State
Vehicle:2013 Murtaya R, S Model S Plaid |
![]() Looks like they're FINALLY releasing some new designs at Tesla....
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#4053 | |
Scooby Specialist
Member#: 51287
Join Date: Dec 2003
Chapter/Region:
NESIC
Vehicle:2019 Model S Perf |
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#4054 |
Papi Chulo
Moderator Member#: 53794
Join Date: Jan 2004
Chapter/Region:
RMIC
Location: Boner kill city
Vehicle:... 2017 BMW M2 2017 F-150 |
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#4055 |
Scooby Specialist
Member#: 22863
Join Date: Aug 2002
Chapter/Region:
MAIC
Location: The Land of Mary
Vehicle:2015 WRX, 2022 Fozzy Painted fender collection |
![]() For the 4th straight quarter, and even with significant price cuts, Tesla again didn't sell all the cars they built in the 1st quarter.
https://apple.news/AY46rnIsIQOCPp0NFea3B6w https://www.teslarati.com/tesla-tsla...icles-q1-2023/ But they came pretty close. They produced 440,808 vehicles and sold 422,875 in the quarter. Sales were up about 4% vs. Q4 2022. So that's good and bad considering the price cuts. I wonder how much they will cut the base model 3 price again now that the full rebate is gone. And will they wait for project highland or will they drop prices right away? If the price of gas goes up enough they may not have to. Last edited by rexster; 04-02-2023 at 09:52 PM. |
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#4056 | |
Scooby Guru
Member#: 133146
Join Date: Nov 2006
Location: SC
Vehicle:07 FPgreen [email protected] WRX VF39+E85 12.0, 121mph |
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![]() ![]() Tesla has lots of cash and no debt and it will fine through this economic crisis but they will have to lower prices therefore hurting margins. Elon already said last year that he will sacrifice profits for unit growth. The good thing is that Tesla still has lots a margin and still has room to lower prices but this is going to hurt their competitors bad. A Model 3 Performance for $54k with $7500 EV incentive is a hell of a deal at $42k while an entry bare bones BMW 330i RWD is $44k. I am not sure what the stock will do, I would guess it will be pushing a little bit at first but when other automakers start to report their earnings it will show who is the clear leader and winner which might help the stock. The stock is down a good bit already so some of this might be already priced in. On the Model 3 SR and the EV incentive decreasing maybe Tesla can use more the lease loophole. Also, they could start selling the Model 3 LR again to give customer another option priced lower than the Model 3 P but they might be battery constrained. But I agree that the EV tax credit change is going to make Q2 difficult. This high interest rate period will eventually end. Last edited by juanmedina; 04-03-2023 at 07:45 AM. |
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#4057 |
Scooby Guru
Member#: 44501
Join Date: Oct 2003
Chapter/Region:
NWIC
Location: Yeah, well, you know
Vehicle:that 's, like, your alternate facts, man. |
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#4058 | |
Scooby Specialist
Member#: 102793
Join Date: Dec 2005
Chapter/Region:
NESIC
Vehicle:2016 WRX Ugly Sedan |
![]() GREAT company ya got there.....SO glad I ain't "us"
Special Report: Tesla workers shared sensitive images recorded by customer cars https://www.reuters.com/technology/t...rs-2023-04-06/ -Private camera recordings, captured by cars, were shared in chat rooms: ex-workers -Circulated clips included one of child being hit by car: ex-employees -Tesla says recordings made by vehicle cameras ‘remain anonymous’ -One video showed submersible vehicle from James Bond film, owned by Elon Musk Quote:
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#4059 | |
Scooby Newbie
Member#: 31952
Join Date: Jan 2003
Location: Washington State
Vehicle:2013 Murtaya R, S Model S Plaid |
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As far capturing private video....maybe Tesla will see some other cars in people's garages and learn how to not botch up their designs? That said....Every night, when I blow goodnight kisses to my beloved ICE cars, I'm gonna moon my Tesla. Like-hate-relationship with that thing and all. |
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#4060 |
Scooby Specialist
Member#: 198376
Join Date: Dec 2008
Chapter/Region:
MAIC
Location: Delaware
Vehicle:22 RAM 1500 diesel BMW ///M4 23' |
![]() bahaha Teslaciti It's a brave new digital world. Gone the days of privacy and real human customer service at least in Westernworld.
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#4061 |
Scooby Specialist
Member#: 51287
Join Date: Dec 2003
Chapter/Region:
NESIC
Vehicle:2019 Model S Perf |
![]() Let's complain about Tesla being dystopian while the UK is literally planning to shut down all air travel, an extension of not allowing free movement of people between their home neighborhoods. Hey that's just the UK though right? Not like the WEF is pushing the same politics further west. You guys can be like the useful idiots that stopped/rolled back nuclear power just this week in Germany.
I checked the box to participate in FSD beta and share my video. I do not show my frank and beans around the car. It's that simple. |
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#4062 |
Papi Chulo
Moderator Member#: 53794
Join Date: Jan 2004
Chapter/Region:
RMIC
Location: Boner kill city
Vehicle:... 2017 BMW M2 2017 F-150 |
![]() Man, I'd be walking naked and spreading my butt cheeks in front of the camera. If you're going to view / keep video from my cars camera, you've also volunteered to see my chocolate starfish, the goat, the batwing, and whatever other horrible stuff I do in front of the camera.
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#4063 |
Scooby Specialist
Member#: 22863
Join Date: Aug 2002
Chapter/Region:
MAIC
Location: The Land of Mary
Vehicle:2015 WRX, 2022 Fozzy Painted fender collection |
![]() More price cuts. Base model 3 is now under 40k, and model Y awd is 46,990. Tesla is quickly on its way to being the same as all other car manufacturers. I wonder how low the prices will have go before they sell >20 million vehicles. Everyone says it's the interest rates and competition from other electric vehicles bringing prices down. But the fact that their cars are boring and haven't changed substantially isn't helping. And more importantly, the competition from ICE cars here in the U.S. has returned. You can now buy a hybrid Prius, rav4, highlander, CRV, Tucson, Santa Fe, etc. You couldn't really do that last over the last couple years s without waiting a long time or paying way over msrp because of the chip shortages.
Last edited by rexster; 04-19-2023 at 07:30 AM. |
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#4064 | |
Scooby Guru
Member#: 133146
Join Date: Nov 2006
Location: SC
Vehicle:07 FPgreen [email protected] WRX VF39+E85 12.0, 121mph |
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![]() Prices are still high. I blame the macro even the Ford Lightning is sitting on the lots with no buyers and it just got introduced. Lucid is mega screwed. Seriously who is going to buy a car right now when everyone is afraid of getting layoff and pay crazy high interest? The housing market has crashed as well my parents have been trying to sell their house for 150 days and only had two showings. Even though they decreased the price by a good amount, also a friend had to sell his house for $50k under asking. Tesla just posted record registrations in China for last week. Tesla gained market share according to Cox Automotive reported 7 days ago. |
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#4065 |
Scooby Specialist
Member#: 192568
Join Date: Oct 2008
Location: Georgetown, KY
Vehicle:'18 F150 3.5TT '21 RAV4H XSE |
![]() So.....long range Y is the same price as it was 26 months ago?
Not sure what that Tweet is supposed to convey. |
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#4066 |
Scooby Guru
Member#: 133146
Join Date: Nov 2006
Location: SC
Vehicle:07 FPgreen [email protected] WRX VF39+E85 12.0, 121mph |
![]() The tweet is supposed to convey that the price is the same as back then when Tesla had 25% gross margins which is not like other automaker. Tesla increased prices because commodities increased during Covid and money was cheaply accessible. Now comedies like lithium and aluminum have go down and Tesla has lowered the prices to match affordability with higher interest rates. Today is Tesla earnings and hopefully do well. The auto market is really thought right now and it is great that Tesla stills shows growth.
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#4067 |
Scooby Specialist
Member#: 22863
Join Date: Aug 2002
Chapter/Region:
MAIC
Location: The Land of Mary
Vehicle:2015 WRX, 2022 Fozzy Painted fender collection |
![]() Tesla has not lowered prices because of lower costs. Interest rates are a factor for sure, but the prices have come down because of decreased demand. They also didn't have to raise prices when their costs went up. I'm guessing they had plenty of margin to absorb the costs and stay profitable. They chose to raise prices because the demand was strong enough that they could.
My guess is that they're going to keep milking the Y for as long as they can, then when model Y sales slow down enough or production capacity increases enough, they'll release project highland and bring the dual motor or maybe even the long range model 3 back. It's been mostly unavailable and there's probably some pent up demand there. Especially if the price is right. Last edited by rexster; 04-20-2023 at 07:14 AM. |
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#4068 | |
Scooby Specialist
Member#: 192568
Join Date: Oct 2008
Location: Georgetown, KY
Vehicle:'18 F150 3.5TT '21 RAV4H XSE |
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For example, at my former employer, we were paying something like 8000% markup for simple microchips. We raised prices to protect against PPV and were still negative. The profit increase was realized in other areas of the company, as I expect it is in many other companies. Elon said, last year, that he hoped he could lower prices in the future, as costs decreased. Also, part of lowering the price was to get some of the cars under the tax rebate price cap. |
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#4069 | |
Papi Chulo
Moderator Member#: 53794
Join Date: Jan 2004
Chapter/Region:
RMIC
Location: Boner kill city
Vehicle:... 2017 BMW M2 2017 F-150 |
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#4070 | |
Scooby Specialist
Member#: 22863
Join Date: Aug 2002
Chapter/Region:
MAIC
Location: The Land of Mary
Vehicle:2015 WRX, 2022 Fozzy Painted fender collection |
![]() More evidence that it's not only a slow economy and rising rates hurting Tesla. They are losing market share from competition. There's not even that many good alternatives yet, so this is only the beginning. I'm holding out for something more traditional where I can control the wipers and climate without using a screen, have a sunroof that actually opens, and has a serviceable battery pack. Or I might just get a hybrid or phev as the argument for them continues to get stronger the more I read about Tesla.
https://apple.news/AjCHiTfi7T-iQ0i6SztOyiw Quote:
Last edited by rexster; 04-22-2023 at 07:45 AM. |
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#4071 |
Scooby Newbie
Member#: 31952
Join Date: Jan 2003
Location: Washington State
Vehicle:2013 Murtaya R, S Model S Plaid |
![]() I personally think the biggest hurt coming for Tesla is when they’re no longer considered the “hip” car to get. Right now they’re the hot car for many people (well, non-enthusiasts, at least). People don’t get excited for a ride in my one-off sports car; they get excited for a ride in the Tesla. “Oh, you just got a new BMW? That’s nice.” “Oh, you just got a Tesla? Wow!!!”
But like every “hip” thing in the history of humankind, and by the very definition, it’s gonna at some point no longer be the cool thing (as hard as that can be to believe when something is at the height of coolness). Elons antics are probably already starting that downward trend…I just read how everybody is announcing that they didn’t pay for their Twitter Blue verification because Elon is tainted goods… I’m also kinda curious if electrification in general might lose steam if/when the Tesla coolness is gone… |
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#4072 |
Scooby Newbie
Member#: 5945
Join Date: Apr 2001
Location: 5th Dimension
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![]() I think the definition of a car's "coolness" for car forum type people isn't the same as for the general public.
I saw a lady pull her new Tesla up to a gas station (while I was filling up my STI) and take a selfie. For her it is probably cool to never have to pump gas again, not to have to get dealership oil changes and other ICE maintenance. And cool to be quicker than most cars without trying hard. And Autopilot is cool. And the entertainment system is cool... etc. Whether the car looks cool or not is subjective. I think giant (quasi functional) wings look cool, but only because of rally racing. But then that gets to why, for me, Tesla as a brand, isn't on a cool trajectory. It is really only because they don't have an official motorsports division. I'll happily take an electric car, but only one that is motorsporty (not appliancey), like something Unplugged Performance builds. If "Plaid" was Tesla's equivalent of M, AMG, GR, or STI, and you could get a "Plaid" Model 3 for $50k, then it would be cool. And it would need wide wheels and big wing that says "I don't care about electric range, I need all the cornering grip, all of it!". But ultimately, Tesla will sell millions of cars without anybody on Nasioc, or Autoblog, or Jalopnik, thinking they are cool. Tesla is industrially crushing the other auto makers. I expect them to have *fully* automated production lines within 10 years churning out self driving appliances. |
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#4073 | |
Scooby Specialist
Member#: 317270
Join Date: Apr 2012
Location: PA
Vehicle:GRC, Sienna, GR86 |
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Is there any rumor of a facelift or otherwise newness update coming for any of them? Quick google search didn't turn up much. If they rest on their laurels too long this thread will become "ignore us cause you bored of us" |
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#4074 |
Scooby Specialist
Member#: 161333
Join Date: Oct 2007
Chapter/Region:
NWIC
Location: snoco wa
Vehicle:20 Yami XSR fast leaf |
![]() They're pretty much the ultimate appliance of vehicles. They haven't appreciably changed the design of the model s since it came out like 11 years ago. They all still look the same, and Tesla doesn't seem interested in actually redesigning things. Just like a washing machine, I guess it's nice that your decade old car is still nearly identical to the one being sold today, but it really does make the whole experience pretty boring and mundane. Not sure how anyone is excited about buying a new one.
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#4075 |
Scooby Newbie
Member#: 31952
Join Date: Jan 2003
Location: Washington State
Vehicle:2013 Murtaya R, S Model S Plaid |
![]() They had somebody spy this, which is supposedly a facelift to the 3:
But yeah, between the lack of updates, ever worsening customer service, arriving competition, and in my opinion, poor design decisions, not being as cool anymore (much like the old Prius, where people didn't want a hybrid, they wanted a Prius...and now nobody wants them. Well, the fourth generation might regain some interest)...Tesla's not doing itself any favors. And yes, calling them soulless appliances is very cliche. And absolutely correct (I named mine "Soulless"). |
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