I'm not sure how much we can trust the Bloomberg Model 3 Tracker, but it does look like Model 3 production has dropped this week. Could this mean they are retooling for AWD? In any case, how are they going to hit 2,500 by 3/31 at this rate?
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Actually I think it is wise for Tesla to think about Tax credits... that $7800 credit being cut in half on January 2019 is going to be a smack in the face to sales.
It will make it a lot harder to get middle income buyers to get in.
Actually I think it is wise for Tesla to think about Tax credits... that $7800 credit being cut in half on January 2019 is going to be a smack in the face to sales.
It will make it a lot harder to get middle income buyers to get in.
Myself... ordered a RWD on 9/30, but my order page says 10/3... so I am guessing I got bumped down a few days... and I kinda hope they don’t retool away from RWD too soon...
If domestic demand starts slowing down, Tesla will just start shipping internationally. They did this with Model S and X and didn’t miss a beat. And then, of course, they can start shipping SR version, that’s still a huge (and probably growing) backlog.
Actually I think it is wise for Tesla to think about Tax credits... that $7800 credit being cut in half on January 2019 is going to be a smack in the face to sales.
It will make it a lot harder to get middle income buyers to get in.
Myself... ordered a RWD on 9/30, but my order page says 10/3... so I am guessing I got bumped down a few days... and I kinda hope they don’t retool away from RWD too soon...
A middle income purchaser would not be able to take the entire $7500 tax credit anyway.Actually I think it is wise for Tesla to think about Tax credits... that $7800 credit being cut in half on January 2019 is going to be a smack in the face to sales.
It will make it a lot harder to get middle income buyers to get in.
Myself... ordered a RWD on 9/30, but my order page says 10/3... so I am guessing I got bumped down a few days... and I kinda hope they don’t retool away from RWD too soon...
You need to realize that Tesla is in competition with companies selling similar products, at similar prices, who benefit from no tax credits. So either Tesla can compete without tax credits or Tesla will have to lower prices.
But wait! Current high "entry" price to Model 3 puts the vehicle out of reach of those who, for example, might have a car budget of $45,000 vs $50,000-$75,000.
If only Tesla could find a way to lower the entry barrier to owning one of their cars, then they wouldn't have to do anything with their pricing as demand begins to soften in the face of phased out tax cuts.
If only Tesla could offer a lower priced version of their ubiquitous (in CA anyway) Model 3 so that they could continue to capture more of the market away from their principle competition, the Germans...
Hmmmmm.... I wonder how they might do such a thing?
Wow you guys sure know how to necro old threads lol.
Model 3 ramp up came and went, production levels are no longer an issue even the shortsellers don't even try to bring this up anymore.
For people worrying about Model 3 demand or the phasing out of 7500 tax credit, at this price point, $3400 isn't going to make someone all of a sudden say no to this car. Model 3 has now captured the car enthusiast market, you know, people who love power, speed, and tech. It's going to do well for a very long time.
But for those still doubting, Model 3 is launching in Europe soon. This car is arguably a better car for EU, it's got the longest range of EV's, it's small enough which EU drivers prefer, and it has all the tech that the EU market craves. There won't be any demand issues.
Eh - with the doubling of the standard deduction this year, there will be a lot fewer buyers who can take advantage of the tax credit in the first place. Rough estimates I've seen are that only about 5% of filers (as opposed to ~26% of filers previously) will itemize deductions. Now if you're on the edge, a smaller tax credit could in theory move you from itemizing, to not, but I think that'll be a distinct minority of buyers.
Probably true, but it depends on what you consider "middle income" - at $100,000 the average rate paid is about 8% so they might be able to use the full credit. Clearly at $50,000 income you're only paying about 3-4% so there's little benefit, but you're probably not buying a $60,000 car, either.A middle income purchaser would not be able to take the entire $7500 tax credit anyway.