It's also absurd to think a company can refund earlier customers every time prices drop.
I don't see people asking for refunds based on the reduced price of the car.
We're talking about FSD and having pre-paid for something that hasn't been delivered yet.
If I pre-paid $3000 towards something, and at the time it was finally delivered the price was actually only $2000, then yes, I'd expect a refund.
How would you feel if you put $1000 down on a Model 3 a few years ago... and before you got to order yours, they announced that they've lowered the purchases price by $2000, but your deposit no longer counts toward the purchase price?
Are people who purchased EAP+FSD last year getting a $1k refund. I’m hearing conflicting reports.
No, as of now, they are not getting a refund. The "confilcting reports" stem from people sharing screen shots of a Twitter reply Elon Musk made without the context of the question - that question referred only to a pricing error on the web site on one day last week and did not apply to purchases from 2018.
Going out and buying a fully loaded car on initial release is never going to be the best deal, but in return you get to drive it before everyone else!
We didn't get to have FSD at all. We only get to see others pay less.
You chose to sign up for all those packages knowing that it could go up or down and you took the risk to buying in early for FSD.
No, I was very clearly and specifically told that the price for EAP + FSD would go up to $10,000 unless I paid $8000 for them immediately. If I had not paid $8000 last year, today I could buy that same set of features as AP + FSD for $5000.
I knew the price of the car could come down - I expected it to come down. But we're not talking about the price of the car - we're talking about a specific feature upgrade which they said would go up when it comes available. And it still isn't available - we're still in a pre-paid, deposit-like situation.
You really don't get it. They are related. Tesla lowered the price of FSD and AP to make up for the fact that new owners will get $2250 discounts. That's why new buyers won't get the special $5000 price.
No, this offer to previous buyers has nothing to do with making up for changes in the car price. It's about coaxing more cash out of people at a time when the company needs cash. I understand this. I get it. But doing it by turning their previous claims into lies is a problem.
you do realize that if you buy AP today, it's not the same as having EAP that we have? it's not gonna have auto steering and navigate on autopilot.
The new AP has auto steering (stay in lane.) What it doesn't do is change lanes (which is part of Navigate on Autopilot.)
I honestly dont get why they have to introduce 35K Model 3 when the margins are so thin.
Because they have a large number of reservations still not being turned into orders; a lot of people are waiting for the $35k version. In addition, the company's growth/funding model relies on continuing to ramp and sell more and more cars, which is unlikely unless they can introduce the $35k model & the Y. So they need it to satisfy investors, to generate the cash flows to meet debt obligations, and to continue the modeled growth of the company.
Remember, unless you want to delay the EV revolution by a decade, you need to push forward while the margins are thin - because pushing forward to mass production is what makes the margins bigger. The margins will stay thin until full mass production kicks in. It's the mass production that drives down the costs and provides for fatter margins.
Don't forget - this whole endeavor is to drive the creation of a giant battery company in order to bring down the cost of rechargeable batteries in order to solve the power problem. Musk didn't want to make an electric car company - he wanted to sell batteries to existing care companies. But they all said EVs were impossible, so he was forced to start an EV company to generate his own battery demand to kick-start the EV revolution, which is kick-starting the battery power revolution that enables Solar and Wind at massive scale.