Q2 Sold out already

[whisperingshad]

So seeing that Q2 is sold out already, and that there might be a rebate coming back for taxes later this year....I think it would be fiscally responsible for them to price back up to original price of $52,990. It will help the company, especially now they might be losing Carbon credit sales. If they invoke a 7k or 10k tax rebate i could even see them raising to 55k or higher easily. They just need to work on Quality control in production , its better, but definitely not there yet.

 

[FloridaSun]

So seeing that Q2 is sold out already, and that there might be a rebate coming back for taxes later this year....I think it would be fiscally responsible for them to price back up to original price of $52,990. It will help the company, especially now they might be losing Carbon credit sales. If they invoke a 7k or 10k tax rebate i could even see them raising to 55k or higher easily. They just need to work on Quality control in production , its better, but definitely not there yet.

I wouldn't get my hopes up on HR848.
govtrack rates it at only 11% as having a chance of being enacted.. Initially I was thinking of waiting for HR848 to order my Y but it seemed unlikely that they will even bring it up for a vote, I ordered the Y on April 13.. I can easily afford it regardless of the tax credit, even though free $7k would have been nice..

GREEN Act of 2021 (2021 - H.R. 848)

To amend the Internal Revenue Code of 1986 to provide incentives for renewable energy and energy efficiency, and for other purposes.

www.govtrack.us

 

[whisperingshad]

I wouldn't get my hopes up on HR848.
govtrack rates it at only 11% as having a chance of being enacted.. Initially I was thinking of waiting for HR848 to order my Y but it seemed unlikely that they will even bring it up for a vote, I ordered the Y on April 13.. I can easily afford it regardless of the tax credit, even though free $7k would have been nice..

GREEN Act of 2021 (2021 - H.R. 848)

To amend the Internal Revenue Code of 1986 to provide incentives for renewable energy and energy efficiency, and for other purposes.

www.govtrack.us

I already got my Y. Just thinking for Tesla as a company to be profitable etc.

 

[ankit]

Tesla has increased pricing on the Y every alternate Thursday over the past month. There is a good chance they will increase it by another $500 tonight.

 

[FloridaSun]

I already got my Y. Just thinking for Tesla as a company to be profitable etc.

They could raise prices anyways, regardless of the tax credit.. They are selling out right now and they would still sell out if the car was $3k - $5k more..
I don't think that they count on the tax credit as it seems unlikely to pass. I would almost bet on it that it won't pass and I could explain why but I would have to get into politics and this venue is probably not the best place to discuss politics..

 

[OCJeff]

So seeing that Q2 is sold out already, and that there might be a rebate coming back for taxes later this year....I think it would be fiscally responsible for them to price back up to original price of $52,990. It will help the company, especially now they might be losing Carbon credit sales. If they invoke a 7k or 10k tax rebate i could even see them raising to 55k or higher easily. They just need to work on Quality control in production , its better, but definitely not there yet.

Did I miss something? Where did we get that Q2 was sold out? Lead time on the Tesla sales site still lists 6-8 weeks which puts it smack dab at the end of Q2 (Q2 sales rush).

 

[whisperingshad]

Tesla sells out production capacity for Q2 2021, hinting at monster demand: report

Tesla’s Q1 2021 was one for the books, but the second quarter is shaping up to be even more impressive, with recent reports noting that the company had already sold out its production capacity for Q2 2021. This bodes well for the EV maker’s production and delivery numbers this year. Citing...

www.teslarati.com

 

[Gladius]

Are the tax credits one per car? Year? Life? If I buy one today and then another in a year can I still be eligible for another credit if it exists?

 

[whisperingshad]

Are the tax credits one per car? Year? Life? If I buy one today and then another in a year can I still be eligible for another credit if it exists?

I believe 1 per car.

 

[Drax]

Where is this data coming from? I find it highly unlikely that the factory is effectively sold out for the quarter already.

 

[whisperingshad]

Where is this data coming from? I find it highly unlikely that the factory is effectively sold out for the quarter already.

I believe it, there are few, if any, in stock teslas. Production is X per quarter, they probably already received X in orders.
Also its everywhere online already...

 

[OCJeff]

To be fair though an order is not a delivery. There may be many thousands of orders that came in after the Biden Infrastructure Plan was revealed, but they may not turn into a delivery if there is no tax credit.

 

[Firocity]

So glad I put in my order last night. I already got bit in the ass on three price hikes by refusing to put the measly $100 down. My SA said he can hold my order and not match with a VIN if I don't need the car until August or September. With Q2 being sold out that shouldn't be a problem now.

 

[whisperingshad]

To be fair though an order is not a delivery. There may be many thousands of orders that came in after the Biden Infrastructure Plan was revealed, but they may not turn into a delivery if there is no tax credit.

Yes, thought they are backlogging now for 3rd Quarter, if ppl drop out etc these ones get moved up.

 

[whisperingshad]

So glad I put in my order last night. I already got bit in the ass on three price hikes by refusing to put the measly $100 down. My SA said he can hold my order and not match with a VIN if I don't need the car until August or September. With Q2 being sold out that shouldn't be a problem now.

Wish i had done that when it dropped to 48990, was waiting on grant that ran out of money...paid 49990.

 

[BreatheEasier]

Right now, Ford.com shows delivery times for the Premium Mach-E (what I consider to be the only real MY competitor) as 24+ weeks. And current dealers (at least near me) are ALL charging "Market Adjustment" above MSRP. Even with the lack of tax incentive for Tesla buyers, I don't see this as a bad thing - if Tesla had more orders they could fill through additional factories, I just don't see their delivery chain strong enough yet to handle that additional strain.

 

[FloridaSun]

Right now, Ford.com shows delivery times for the Premium Mach-E (what I consider to be the only real MY competitor) as 24+ weeks. And current dealers (at least near me) are ALL charging "Market Adjustment" above MSRP. Even with the lack of tax incentive for Tesla buyers, I don't see this as a bad thing - if Tesla had more orders they could fill through additional factories, I just don't see their delivery chain strong enough yet to handle that additional strain.

I see Mach E's on a regular basis and I only live in a town of about 100k people in Central Florida... They seem to sell very good.. Local Ford dealer does not mark them up (at least not when I last checked the prices)..

 

[OCJeff]

Right now, Ford.com shows delivery times for the Premium Mach-E (what I consider to be the only real MY competitor) as 24+ weeks. And current dealers (at least near me) are ALL charging "Market Adjustment" above MSRP. Even with the lack of tax incentive for Tesla buyers, I don't see this as a bad thing - if Tesla had more orders they could fill through additional factories, I just don't see their delivery chain strong enough yet to handle that additional strain.

Why wait 24+ weeks when they are in stock at the dealer?

 

[SoCalEric]

The Ford Mach E looks like a Mazda CX electric car to me

 

[ankit]

Tesla has increased pricing on the Y every alternate Thursday over the past month. There is a good chance they will increase it by another $500 tonight.

... and, it went up by $500 as predicted!