Hey guys
First time poster, long time lurker.
I have been in the 'almost there' camp regarding purchasing a model 3 for about 6 months. Haven't been able to convince myself to pull the trigger. A (non tesla) dealership near me has one that is being delivered next week and they still haven't sold it. That's beside the point though.
As I was running the numbers something came to mind that made me think maybe I should buy now:
Canada's economy is heavily weighted in the energy/oil sector, and the TSX took a larger hit yesterday than other more well diversified economies. The CAD is historically tied to our economy and there are already reports that the dollar is forecasted to get even worse in value.
How bad do you think it would have to get for Tesla to change the price on the Canadian website? Maybe buying now at $55k is a decent move considering that conversion changes could bump up the price to 60k-70k (SR+).
Anyways, just thought it was worth a discussion. Tell me why you think I could be right, or why I could be wrong!
First time poster, long time lurker.
I have been in the 'almost there' camp regarding purchasing a model 3 for about 6 months. Haven't been able to convince myself to pull the trigger. A (non tesla) dealership near me has one that is being delivered next week and they still haven't sold it. That's beside the point though.
As I was running the numbers something came to mind that made me think maybe I should buy now:
Canada's economy is heavily weighted in the energy/oil sector, and the TSX took a larger hit yesterday than other more well diversified economies. The CAD is historically tied to our economy and there are already reports that the dollar is forecasted to get even worse in value.
How bad do you think it would have to get for Tesla to change the price on the Canadian website? Maybe buying now at $55k is a decent move considering that conversion changes could bump up the price to 60k-70k (SR+).
Anyways, just thought it was worth a discussion. Tell me why you think I could be right, or why I could be wrong!