I can't believe how many people keep getting this wrong. Sedans do NOT qualify for tax credit unless they are priced at 55K or less, hence the Model S will never ever get there. Only SUV EVs get 7,500 at the 80K threshold. Plus, most likely Tesla will lose half of the the tax credit anyway as the government starting 2024 has more strict requirements for the battery materials and it's sources that falls outside what Tesla is using. Unless they make a change, as clearly also mentioned on the Tesla website, they might lose the tax credit along with several other manufacturers. The government will only offer all of this for a finite time.
| Year | Critical minerals minimum percent value requirement |
|---|---|
| 2023 | 40% |
| 2024 | 50% |
| 2025 | 60% |
| 2026 | 70% |
| 2027 and later | 80% |
| Year | Battery components minimum percent value requirement |
|---|---|
| 2023 | 50% |
| 2024 and 2025 | 60% |
| 2026 | 70% |
| 2027 | 80% |
| 2028 | 90% |
| 2029 and later | 100% |
You would still find other cars to look goofy compared to Tesla… Maybe am still in the honey moon months, but, I have never ever driven a car that turns heads like the Model S especially when it has the right look, wheels and color. Aaand, this is coming from someone who has been riding BMW 7-series cars, S-class, X7 M-varian/styling, etc….for the past 10 years. Maybe Tesla MS are more common in other areas and won’t turn heads… but even setting behind the steering wheel is a pleasure….. The software, Tesla will continue to lead that front for a VERY LONG TIME… Having been in BMWs and Mbenz for the past 18 years, the software development pace has not moved even a tiny bit since 2008-2010 on all these models. The best they have done is a nicer resolution on screens wherein the software still sucks and I don’t see them getting even close to Tesla anytime soon. I got a new Model S for low 80s when the Model S LR was on a 9K discount, so the recent price drop has beaten me up by about 5K only which is fine to digest.. so I can speak to how hard of a feeling I would have had if I lost 40K like some of you.
LMFAO !! Are you for real? If you bought something at 100k last year and now it is 50k where your neighbor bought a diffrent 100k item that is now worth 80k? Which one is more valuable !?!
People confuse "instrument clusters" with HUDs. I blame marketing.... it does do HUDs a disservice by calling instrument clusters HUDs. HUDs are vastly better
Still not sure how Tesla brand is getting devalued! There maybe a few upset customers who bought at a higher price point, but, there will be a lot more happier customers who appreciate lower prices.LMFAO !! Are you for real? If you bought something at 100k last year and now it is 50k where your neighbor bought a diffrent 100k item that is now worth 80k? Which one is more valuable !?!
Tesla was considered a good choice because it held its value better than other cars. Not anymore
I respectfully disagree, the Porsche Taycan in carmine red is just stunning. Maybe I’m just jaded with the model s but the Taycan looks better.
Still not sure how Tesla brand is getting devalued! There maybe a few upset customers who bought at a higher price point, but, there will be a lot more happier customers who appreciate lower prices.
I guess it’s an easy guess who is in which category. Don’t get me wrong, I’m also not too happy about my car purchase back in 2020, I paid 83K, weeks later same car was selling for 69,420
As a 22 plaid x owner who took a nice bath in resale value, I personally have a devalued car but tesla as a brand just became more competitive in the marketplace. As more EVs join the market, I figure they’ll get more aggressive with their costs. They have one of the highest profit margins in the industry so they have some room to play with. It’s all about pricing the current market. Market was hot when I bought, interest rates were essentially giving me money so im not that overly upset. Plus looking long term, if for whatever reason, this car in 3-4 years becomes a $20k rocket ship then I’ll just drive it into the ground. But if the value goes back up and my residual is normalized again, then I’ll sell.LMFAO !! Are you for real? If you bought something at 100k last year and now it is 50k where your neighbor bought a diffrent 100k item that is now worth 80k? Which one is more valuable !?!
Tesla was considered a good choice because it held its value better than other cars. Not anymore
LMFAO !! Are you for real? If you bought something at 100k last year and now it is 50k
where your neighbor bought a diffrent 100k item that is now worth 80k? Which one is more valuable !?!
Tesla was considered a good choice because it held its value better than other cars. Not anymore
