Prediction: Model X price will be reduced to $78K in January 2024

[davenlei]

If they do a $79980 MXP (even if they have to do a 5 seat version to reduce cost), I may have to bite but then it would push out my plan for the Cybertruck.... which may not mean anything due to the probable timeline for when my reservation comes up (I don't want a foundation series one).

 

[Xenoilphobe]

I’m been thinking about the same thing, we have an S (that I drive) and a new X that wife just got a couple weeks ago. I’m thinking of getting another X for me, thing is amazing with all the upgrades from my legacy 2016 S, which now has 119,000 miles (all original everything, except for tires, filters, 12 volt battery and a couple door handles, its still under warranty until 27 Sept 2024). I have a CT on order too, but no freaking way I am paying for a Foundation Series. I have already been a foundation guy (3 Model S’s 2012,2014,2016) and now a December build 2023 Model X (transferred FUSC got us to move off the old 2014). I figure I have already given Tesla half million dollars, maybe they will do a legacy deal in the future… Our 2016 also has FUSC if they do that again I will jump on another one.

 

[Super_Popular]

Some one tweet to Elon asking about a X price reduction come on people

 

[acpd]

Some one tweet to Elon asking about a X price reduction come on people

I would guess March would be earliest. They are still delivering orders from November-December.

 

[Super_Popular]

I would guess March would be earliest. They are still delivering orders from November-December.

I dont think its going to happen at all, but I am hoping so!

 

[Tiger]

Fascinating. All of the Tesla owners I personally know fall into the bucket of (make > 300k/yr in W2 income, own a 3/Y), so I guess I was just stuck in my coastal/HCOL bubble and horribly miscalibrated on the market as a whole.

In your bubble you'd probably get the same for any car they dare to show themselves in without looking "poverty"

 

[Tiger]

I dont think its going to happen at all, but I am hoping so!

Nobody is ordering at the moment so it must.

 

[Super_Popular]

Nobody is ordering at the moment so it must.

I am counting on it

 

[Daniel L]

Fascinating. All of the Tesla owners I personally know fall into the bucket of (make > 300k/yr in W2 income, own a 3/Y), so I guess I was just stuck in my coastal/HCOL bubble and horribly miscalibrated on the market as a whole.

How much more car would be easily affordable if your housing costs were 1/50th?

https://www.redfin.com/CA/Newport-Coast/5-Wayside-92657/home/5928301

https://www.redfin.com/OH/Cleveland/8511-Wade-Park-Ave-44106/home/70760778

 

[prindiaos]

How much more car would be easily affordable if your housing costs were 1/50th?

https://www.redfin.com/CA/Newport-Coast/5-Wayside-92657/home/5928301

https://www.redfin.com/OH/Cleveland/8511-Wade-Park-Ave-44106/home/70760778

I don’t live in a 5mm mansion, but your point is totally valid. For lots of people in CA/NY, housing is their biggest household expense by far, and the budget left for cars is minuscule in comparison if not none. I can now see how one’s priorities could look very different if housing was so affordable.

 

[davenlei]

Fascinating. All of the Tesla owners I personally know fall into the bucket of (make > 300k/yr in W2 income, own a 3/Y), so I guess I was just stuck in my coastal/HCOL bubble and horribly miscalibrated on the market as a whole.

I live in a coastal bubble also and definitely see quite a bit more tesla's than when I leave the bubble but they still seem pretty common elsewhere. Everyone loves the FWD including my friend who has an Aventador. Unfortunately he did not think it would be a good deal if we traded cars.

 

[Super_Popular]

I would guess March would be earliest.

Tesla China rolls out discount offer for Model Y inventory units

Tesla appears to be doubling down on its efforts to bolster sales of the Model Y crossover in China with a set of new incentives.

www.teslarati.com

 

[Tiger]

The refreshed Model 3 is being praised so much I'm beginning to consider it more and more as a povery-model X to avoid the fit and finish issues with the X:

 

[Super_Popular]

The refreshed Model 3 is being praised so much I'm beginning to consider it more and more as a povery-model X to avoid the fit and finish issues with the X:

Meh. I would test drive both first back to back.

 

[Sunshine Speed]

FINAL SCORECARD:
Prediction to launch this thread in July was made when Model X base price was $98K USD. Prediction was that Tesla will drop base price of X to $78K to qualify for federal tax credit and enable multiple paint colors to fit in under the $80K price.
Tesla eventually dropped the price to $80K in September, then made all paint colors free for a long time.

Conclusion: Prediction did NOT come true. The price was not dropped to $78K by January.
Consolation prize: An X with any paint color could be ordered for under $80K and quality for federal tax credit.
Latest update: After another 3 months, Tesla raised the price of paint colors back to normal now.

 

[sorka]

With the the jobs report and fed statement, interest rates aren't going down anytime soon. Bond market tanked today in response.
Tesla won't be raising prices any time soon.

 

[Tiger]

With the the jobs report and fed statement, interest rates aren't going down anytime soon. Bond market tanked today in response.
Tesla won't be raising prices any time soon.

 

[Tiger]

https://twitter.com/x/status/1753597821641425146

https://twitter.com/x/status/1753506520828879322

 

[Super_Popular]

COME ON TESLA!

 

[terranx]

Man remember when Tesla was the leader in battery and motor tech?

Now we have charging curves like this…