-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla drops prices on X/S $20k. All colors free. Bye bye resale
- Thread starter Propofoln
- Start date
I think timing this is going to be very hard. Of course, I have no idea, but inventory is way down again and order times are back up. I don't see any reason why they would offer more discounts in the very near future.
Agreed. Tesla are data people and a further price reduction is unwarranted at this time. The September 1 price reduction did indeed create significant demand, but the ongoing sustained level of demand at the current price is not known.
My humble prediction: 60% they will raise price slightly, either at the base model level or by charging for paint again. They are going to have a huge Q4 anyway with new products Highland globally and Cybertruck. If they need to stoke S/X demand again at the end of the year, they will lower to something around this Sept 1 price level again. 40% they will hold at the current price.
ucmndd
Well-Known Member
This isn’t really a thing any more. Tesla got wise to this game. Under the current order agreement you’ve got ~2 weeks max to take delivery or they can cancel your order and keep your $250.
Haven't they already done that ? During week 1 of the price cut they offered a $1000 loyalty discount on top of the price cut - and I got that. Now it's apparently just $500.
A few anecdotal points:
* I ordered the day after the price cut (9/2). I got the car within a week (9/9). I was the only MS delivery in the Sunnyvale delivery center. Rather surprising for central bay area. There were lots of M3s/MYs being picked up. My car was a 9/2023 build too.
* More recent orders are seeing longer lead times, suggesting they've filled a reasonable order pipeline.
* The loyalty discount appears to have been cut on 9/8 .
The way I see it, for those who ordered right after the price cut, Tesla was able to quickly build and deliver the car, but within days, had enough order volume for a greater delivery lag to start showing up.
Yes of course, they changed the loyalty program by $500. To me, the likely thought process is that they had more participation in the loyalty program than they were expecting/budgeting for, and they're tuning the loyalty pricing. No, I don't think $500 materially shapes demand for Tesla on Model S.
Welcome to the club of regrets
Tesla drops price of Model S/X, Model X now qualifies for US tax credit
Tesla has cut prices on the Model S and X, with price drops of 15-19% in the US on all...electrek.co
FML. Bought 3 months too soon
Real sad that Musk doesn’t care at all how we loyal Tesla owners feel.. He’s all about $ and nothing else…
Lucky you, for waiting
Now is the perfect time.. congratulations for being wise & patient.If you order now you get December delivery; What a great Christmas present
aerodyne
2 of 3 EV's - Defect Free!
Greater than zero chance he cares about voices in his head...Real sad that Musk doesn’t care at all how we loyal Tesla owners feel.. He’s all about $ and nothing else…
Do you think that a new $110+ Porsche will lose its resale value as much as a Tesla? Just wondering
aerodyne
2 of 3 EV's - Defect Free!
If they don't get on the NACS (Tesla Charging network). Then yes.Do you think that a new $110+ Porsche will lose its resale value as much as a Tesla? Just wondering
But Porsche owners are used to getting bent over in this way. It's part of the brand experience.
AMPd
Well-Known Member
Dropping prices, pissing off current owners, how exactly are those two things “all about $ and nothing else”?Real sad that Musk doesn’t care at all how we loyal Tesla owners feel.. He’s all about $ and nothing else…
The price of the car fluctuates with the market. If demand is hot, Tesla takes advantage, when demand is low they can’t afford to keep building cars and piling them up in storage lots. They need to adjust with the market to continue selling vehicles.
CleanDemon
Member
Tesla stock is down right now because demand forecasts are down (“it’s the economy, stupid”). I predict prices will stay lower into next year, possibly through the election cycle.
I’ve never seen a major car company drop car prices by $20K from one month to the next
Toyota, Kia, BMW, Porsche ever done that? Musk is a very smart man but the Bottom line will always be geed, endless desire to attain as much money as possible, that leads to power and try to figure out immortality.
Similar threads
