ChiefRollo
Member
On a different note, viewing from 30,000 ft level, all personal vehicles look the same.
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Prediction: Model X price will be reduced to $78K in January 2024
- Thread starter Sunshine Speed
- Start date
Average person needs to get closer to 30 inches to figure out what is different with the X over the years.
I'm the OP. When I started this thread, Model X sold for around $98K in the U.S. Now it costs $80K.
My instincts are telling me that this coming weekend, we will see price adjustments across S,3,X,Y, and the Model X price will be reduced below $78K so that they can sell more interior upgrades and still qualify for tax credit under $80K, and also because lithium and battery costs are coming down.
Also - how is this thread 23 pages? Was just a simple price prediction
My instincts are telling me that this coming weekend, we will see price adjustments across S,3,X,Y, and the Model X price will be reduced below $78K so that they can sell more interior upgrades and still qualify for tax credit under $80K, and also because lithium and battery costs are coming down.
Also - how is this thread 23 pages? Was just a simple price prediction
henderrj
Active Member
I thought you were correct from the beginning, and we are nearly there right now. But, I think you might not be right this time. S and X sales were apparently at a 5-year high last year. They don't really need to do anything to increase sales right now. I could see the y and the 3 going down a little, although I doubt the latter as the highland is soon coming out. So, I think you were very close! But, maybe no cigar this time.
Tiger
Active Member
I thought you were correct from the beginning, and we are nearly there right now. But, I think you might not be right this time. S and X sales were apparently at a 5-year high last year. They don't really need to do anything to increase sales right now. I could see the y and the 3 going down a little, although I doubt the latter as the highland is soon coming out. So, I think you were very close! But, maybe no cigar this time.
S/X sales were high last quarter because of many current owners taking advantage of the FUSC transfer opportunity (and late sales from the Q3 FSD transfer offer). Neither of those transfer offers are available, combined with the POS tax credit not being active yet either so I don't see them selling many S/X vehicles right now.
Thanks for your prediction. I will not update my current order and get my order fee refund. Will reorder for a 7 seater tax edition if your prediction comes trueI'm the OP. When I started this thread, Model X sold for around $98K in the U.S. Now it costs $80K.
My instincts are telling me that this coming weekend, we will see price adjustments across S,3,X,Y, and the Model X price will be reduced below $78K so that they can sell more interior upgrades and still qualify for tax credit under $80K, and also because lithium and battery costs are coming down.
Also - how is this thread 23 pages? Was just a simple price prediction
Xenoilphobe
Well-Known Member
Was at the Tysons Corner Deliver Center today, about half the cars being delivered where all X's....they other half were Y's, about 5% were S and 3's..
Everything being delivered right now is 2023 VINs. I have one coming next week. At least a week before any 2024 VIN's start getting delivered, buyers will see the new VIN's in their Tesla apps. No one has so far.
Xenoilphobe
Well-Known Member
They were all lined up with Congratulations First Name. Last Initial. 6 of them were PLAIDS (Black/Red) and about ten of them were LR's I was going to shoot a video, until I realized they had names on them. I'll be there Friday getting mine, it rolls of the truck Thursday, if all goes well. There is a new color called Stealth Grey that is bad ass... wish we got that verses blue....
An impressive prediction. Now where will the s&p close at the end of this year
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ChiefRollo
Member
The reduction to right below $80k has to do with the tax incentive threshold. If it were at $85K, the X would be right under that price level. Don’t see Tesla going further below the threshold.I'm the OP. When I started this thread, Model X sold for around $98K in the U.S. Now it costs $80K.
My instincts are telling me that this coming weekend, we will see price adjustments across S,3,X,Y, and the Model X price will be reduced below $78K so that they can sell more interior upgrades and still qualify for tax credit under $80K, and also because lithium and battery costs are coming down.
Also - how is this thread 23 pages? Was just a simple price prediction
Super_Popular
Well-Known Member
Super_Popular
Well-Known Member
I would agree. 2% was a real anomaly. But I think 5-ish% is possible this year. But if it does drop toward 3%, I will have to rebalance away from treasuries which sucks.My CU said it would be years before rates got back down to the 2% range.
Super_Popular
Well-Known Member
My loan from last Dec was at 4% and even that was killing me. I am going to wait until some one gets down to 3%
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