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I was playing with the store earlier today to see the current price due to the new tax credit and it was done. It's now grayed out for me as well and says available 2023. Perhaps they are making some adjustments due to the new credit?Perhaps I am living under a rock but I went to the Tesla.com order page and the Long Range AWD was greyed out, can’t order. No more 19” wheels, only 20”, range 315 miles vs. 358. Huh.
I could only order the Performance model.
What changed or did I do something wrong?
If this doesn’t encourage Tesla investors to buy more stock I don’t know what will !Model 3 LR options is now greyed out and cannot be ordered. Says “Available in 2023”
Interesting.
Just speculation and hearsay. Sure there will be a lot of back and forth with the finer details as the days progress with the bill clarity.My hypothesis is that they are doing this to clear out the backlog and complete current M3LR orders before announcing a pricing change for 2023 that will meet the new tax credits. If they lowered the price now, everyone with current M3LR orders waiting to be filled would demand the lower price. So complete the orders first, so customer already has delivery of car and paid for it, and cant ask for the lower price. Not all businesses run like Costco . . .
If they are indeed backlogged with M3LR orders, then the Model Y LR orders would be grayed out as well.
I'd say that you've made a good case for this approach. But, all US auto manufacturers are scouring the FIRA EV language before making production decisions.I had a thought this morning. There is nothing stopping Tesla from lowering the price of the LR and the P to a point lower than $55k and derating the power without any hardware changes. Then the owner can unlock more power for a fee after delivery... Just saying.
This crossed my mind too. Also very plausible.Everyone is focused on the US tax credit and the potential of retooling a cheaper LR to qualify for the tax credit, but the real reason is probably much simpler. There's not enough NCA 2170 cell supply. Given the fierce competition for nickel in the near term, Tesla is preserving all of their nickel for the model Y (also very long waitlist right now). The model Y is ramping in Austin and already qualifies for the tax credit. Thus the collateral damage is the lowest margin NCA vehicle - the M3LR.
They are most likely updating the LR to a LR+ with slight price increase and de-featuring the current LR to meet the $55k price. Remember the $55k price must be total delivered price so the car actually needs to drop around $4k. I also suspect that since they have this plan they are not ordering parts past current order volume so they don’t have dead stock.
Everyone is focused on the US tax credit and the potential of retooling a cheaper LR to qualify for the tax credit, but the real reason is probably much simpler. There's not enough NCA 2170 cell supply. Given the fierce competition for nickel in the near term, Tesla is preserving all of their nickel for the model Y (also very long waitlist right now). The model Y is ramping in Austin and already qualifies for the tax credit. Thus the collateral damage is the lowest margin NCA vehicle - the M3LR.