So I’ve been watching for HW4 models in inventory around Canada for a while and noticed that Model X’s with HW4 at least here and in the US are already receiving discounts of around $5000 USD / $7000 CAD. I understand the EOQ push but with new tech, I can’t help but wonder if another price decrease is coming to the S/X. I have a demo model S pickup today with HW3 that’s discounted $18,000 CAD / $13000 USD… debating if I should just go and reject it and wait.
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HW4 Inventory models already being discounted?
- Thread starter Dagna1
- Start date
HW4 is a significant upgrade over HW3. So, I doubt that another major hardware upgrade is planned - at least for drive computer.
I think EOQ discount makes sense for given macro-economic conditions. They already discounted MX price twice recently. I doubt they will continue to do that even further (but who really knows?).
All that said, order when you need the vehicle. I just placed an order for a MX with 5700 discount yesterday. Even if they announce a major refresh in a few months (or a price cut) - I will be fine with it.
Osho
I think EOQ discount makes sense for given macro-economic conditions. They already discounted MX price twice recently. I doubt they will continue to do that even further (but who really knows?).
All that said, order when you need the vehicle. I just placed an order for a MX with 5700 discount yesterday. Even if they announce a major refresh in a few months (or a price cut) - I will be fine with it.
Osho
Yes they are already discounted.. Well its your CA$ so your choice! They seem to have 1300 + model X ready to deliver and EoQ can show us some nice discounts eg free 22 wheels, interior upgrades, $7500 credit, free supercharging etc. BTW Based on their code most of the items are available for discounts depending on the time and inventory levels! 
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I wasn’t really inferring that anything new was coming beyond HW4. What I meant was, it’s odd that with this being new tech they’re already discounting cars that have the new tech in it. You would think they’d wait before adding discounts on these newer models with the upgraded hardware.
Exactly! It takes engineering several months to design, build, test, scrap, restart and rollout anything new so I don't think anything significant coming this year. They would build SW upon HW4 to enhance and perfect FSD..
Their attention is on design engineering to reduce costs, reduce assembly line and produce faster.. and lets not forget about Cybertruck lol
Their attention is on design engineering to reduce costs, reduce assembly line and produce faster.. and lets not forget about Cybertruck lol
ptronus31
Model X LR, Ultra Red, White
I think it is way more likely to be an upcoming price cut and/or introduction of a less full-featured model, maybe even to get it below the $80k tax credit threshold?
if they cut prices further.. say
Model X down from 99999 to 79999 20 k drop ??, S to 69999 ?? , It seems like a very desperate scenario for them that wouldn't help falling TSLA. It would be great to get IRA tax credit on X and S. so lets see what Elon does lol
Y is already at 52999 and 3 is 42999 ..
preilly44
Member
I'm hoping for an end of qtr incentive as I pick up my X Plaid on 3/30! At the same time, I'm debating holding off becuase I feel like there will be another price cut soon with all the discount on HW4 already.
The broader economy isn’t doing well and yes the S/X buyers likely to be more insulated from recession but I doubt big ticket items like this will continue at the pace as before. This is going to be longer soft economy with looming recession - consumer confidence will decline and my bet is that the demand will be soft going forward and prices will have to come down.
Tesla treats tech changes as just a normal upgrade. And their costs for V4 is probably similar or even less than for V3 boards made during the pandemic when component prices, shipping, etc. surged up to 200%.
And the reality is the X is facing big competition right now. It is called the Y. With the tax incentives the X is almost twice the costs. It is not twice the car. I suspect a lot of people who might have been on the fence are going to buy the Y. And then competition from others are only going to increase. I suspect we will see further price drops and/or greater differential. Perhaps an increase in range is due.
We got one of the very first Model X with AP3 hardware back in 2019. A couple weeks later, the Raven upgrades all came out so we had one of the few vehicles with AP3 and missing all the other upgrades.
It's quite possible HW4 cars are being discounted because additional cameras or other features are coming soon. Then again, those changes could be years away.
preilly44
Member
I'm supposed to pick up my HW4 Ultra Red Plaid tomorrow so I expect this to be the case...We got one of the very first Model X with AP3 hardware back in 2019. A couple weeks later, the Raven upgrades all came out so we had one of the few vehicles with AP3 and missing all the other upgrades.
It's quite possible HW4 cars are being discounted because additional cameras or other features are coming soon. Then again, those changes could be years away.
ucmndd
Well-Known Member
They SHOULD be discounted as the user experience and feature availability is likely to be significantly worse than HW3 for a solid year.
maytaurustiger
Member
Thanks for the information! Initially, I had thought getting the HW4 and Phoenix radar would be the most current but I started realizing I might be missing all those additional cameras that people are talking about even with HW4. Thanks for sharing the above info that it may be the case. I bought the car about two weeks ago at no discount or no free 10K supercharging miles either, sighWe got one of the very first Model X with AP3 hardware back in 2019. A couple weeks later, the Raven upgrades all came out so we had one of the few vehicles with AP3 and missing all the other upgrades.
It's quite possible HW4 cars are being discounted because additional cameras or other features are coming soon. Then again, those changes could be years away.
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