Model S gets $3K price drop then a $2570 drop to $69420!

[Toysla]

69,420..... I’m betting one or some of Elon’s login passwords involve two and / or three of those numbers... Lol!! Gotta love him!

 

[Tforee]

I’m probably buying one. I wonder if more price drops are coming. A nice price war would be great.

Yeah, I have the same question. I could drive my car for another two or more years, but I need the newer safety features and like the carbon footprint reduction.

 

[1windy]

Yeah, I have the same question. I could drive my car for another two or more years, but I need the newer safety features and like the carbon footprint reduction.

The second price drop knocked me off the fence. In NYC the wait was 5-9 weeks. Gives me time to accumulate the upgrades I want. Wheels, Chrome delete, Carbon Fiber interior wrap, etc.

 

[1windy]

The price drop has me wondering, anyone have a agues as to how much profit Tesla makes on an S ?

 

[SmartElectric]

The price drop has me wondering, anyone have a agues as to how much profit Tesla makes on an S ?

Auto margins were around 20% on the Model S/X when they were in full production, but now with 60% capacity, not sure, still a strong money maker for Tesla, but since the company is in investment and growth phase, don't expect further price drops, they need the money for everything else.

 

[tranzndance]

They could be really slow about making changes. Like $1000 a month - that would sting a lot less than $5k over a few days.
They could refund the difference dropping 5% per day for the last 20 days.
If they did both then $50 would be the daily risk. And no one would complain about $50. I calculate the first year's depreciation at about $50 a day.

And I don't know about #1. While it doesn't matter to me (2015), I know of someone who purchased a car in the last 6 months and had a life change and needs to sell. They just lost $5k.

And I think everyone appreciated this is technology. But it is also a car. And buying a BMW has less short term risk for those on the fence between Tesla and BMW.

Tesla doesn't do slow unless it affects safety. The word "accelerate" is in its mission statement. It seems to me that ICEV are obsolete and will be seen in the same way as cigarettes. Buying one would be a bigger risk than getting an EV.

 

[kula guy]

Only Elon would price his flagship at $ 69 - 420. Individually memorable, but combined - awesome!

 

[f205v]

look like price drop is only in USA.
Here in Switzerland we still have the old price.

Quoting my own message: Now the price have been dropped also in Switzerland by 3000 CHF.

 

[Altair7]

Only Elon would price his flagship at $ 69 - 420. Individually memorable, but combined - awesome!

OK, I'm still a noob here. What is the significance of 69-420?

 

[Flyguy]

OK, I'm still a noob here. What is the significance of 69-420?

Well, 69 is 69, can’t help you there. But, considering Elon has supposedly only had an occasional puff on the joe Rogan show, I’m not sure what his infatuation with 420 is...

 

[boonedocks]

Well, 69 is 69, can’t help you there. But, considering Elon has supposedly only had an occasional puff on the joe Rogan show, I’m not sure what his infatuation with 420 is...

My guess is he got such crazy press and reactions from it (n to intentions I believe) that he sees it as nonsensical.