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Right on scheduleLooks like the LR model Y just increased another by another 500
I think it's not just chips. A lot of raw materials are getting crazy expensive with demand booming in an unanticipated way (especially in the US) and supply failing to catch up quick enough after being decimated over the last year. Steel is almost 3X more expensive now than from a couple of years back. Timber is also getting really expensive and impacting new home construction. I think a lot of the raw materials going into Teslas are going to be getting more expensive and impacting their price. Of course, there is also the cynical interpretation that this is all leading up to potential tax credits so Tesla can maximize profits.Chip shortage... gonna just keep going up from here. Modern cars require hundreds, if not thousands each... and the shortage is said to most likely last until next year some time (per the news this afternoon)
Padding the coffers now, to ride out the storm when they cant get enough to maintain profitable manufacturing lines...
$500 every alternate Thursday - April 8, April 22, May 6.
Just demand?Chip shortage... gonna just keep going up from here. Modern cars require hundreds, if not thousands each... and the shortage is said to most likely last until next year some time (per the news this afternoon)
Padding the coffers now, to ride out the storm when they cant get enough to maintain profitable manufacturing lines...
Note that used car prices climbed too.Just demand?
Tesla's (TSLA) demand is through the roof, already sold out this quarter
Tesla (TSLA) is currently seeing exceptionally strong demand for its vehicles as it is already sold out for the quarter,...electrek.co
and looks like chip problem is not a problem for Tesla:
How Tesla pivoted to avoid the global chip shortage that could last years
Tesla explained how it pivoted to avoid the global microchip shortage that Intel now says could last for several more...electrek.co
Note that used car prices climbed too.
I sold my truck that I drove for 4 y and 9mo taking only 35% hit. Usually, by that time it is worth 50% of what I paid for it new.
So Carvana added $4k to what they paid me and listed it for 74% of new truck price.
Purchase pending I personally would never pay that price for 5 year old truck with 65k miles on it.
Printing money has consequences.Why are used car prices going up?
Because the chip shortage. Fewer new cars can be produced which equals lower supply. Lower supply over all equals new car scarcity.Why are used car prices going up?
YesJust want to verify - If I have already ordered and paid $100 deposit is my priced locked at that number?
I think the price difference between the LR AWD and Performance is too small now. I got the Performance on order but was considering switching to the LR AWD with induction wheels. With a $7500 difference I don't think it is worth switching.