Big update!
Leasing now available in the US BUT no option to buy at the end. The car will be used by Tesla in the Tesla Network....bodes for interesting event on Apr 22...
Edit: Dangit...Mars Emperor beat me by a minute
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
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Leasing now available in the US BUT no option to buy at the end. The car will be used by Tesla in the Tesla Network....bodes for interesting event on Apr 22...
Edit: Dangit...Mars Emperor beat me by a minute
I have no idea how this will be received by the market tomorrow....
Mars ☰mperor
Member
"anyone who has already bought Standard Plus and wants to convert to Standard is welcome to do so, and we will provide a refund for the difference in cost"
Few people will want to convert back, still, this refund policy will put to rest potential backfire.
Good to see that Tesla is learning on the communication front.
Few people will want to convert back, still, this refund policy will put to rest potential backfire.
Good to see that Tesla is learning on the communication front.
Mars ☰mperor
Member
The headline from Tesla blog made me think of Model S & X refresh.
Should be called An Update to Our Model 3 Lineup
I don't think it will be much of a needle mover in the short term.I have no idea how this will be received by the market tomorrow....
In the long term, Tesla being 1st to the autonomous ride sharing market will make us all rich. And even if they aren't 1st, the fact they will be using cars they already made money on will still put them on top.
JRP3
Hyperactive Member
Yes. Cue the bear freakout...
Ok now I'm officially excited for the 22nd autonomy event! Sounds like they might want to start talking Tesla Network and are preparing for it.
Soooooo glad that their thinking is on the same wavelength as mine. I always thought that leasing Model 3 allows them a chance to get back the car asset after depreciation and use it in the network. They went even further than my expectations by saying if you lease the Model 3, you can't buy it at the end of the lease. I'm a happy camper
Soooooo glad that their thinking is on the same wavelength as mine. I always thought that leasing Model 3 allows them a chance to get back the car asset after depreciation and use it in the network. They went even further than my expectations by saying if you lease the Model 3, you can't buy it at the end of the lease. I'm a happy camper
So they are guiding full autonomy in 3 years?!
Um, it's good news?!?!? They have the cell supply which no other manufacturer has.
Trivial to do. But more on how in another post.
I had mentioned this very things a few years ago back when Tesla network was first mentioned. Why would Tesla continue to sell cars to individuals if they can make truck loads of money keeping them all to themselves. Crank the cars out and send them directly to ride sharing.
Fact Checking
Well-Known Member
Wow, lots of nice info!
One is the take rate of SR+ orders:
"Last quarter, we introduced two new Model 3 variants with more competitive pricing than ever before – Standard and Standard Plus. Since then, Standard Plus has sold at more than six times the rate of Standard, far exceeding our expectations"
So SR+ take rate is higher than 85%, which is fantastic. The wording suggests that this is actual order flow level take rate, not impacted by production.
"Tesla vehicles now come with Autopilot bundled as a standard feature for less than the prior cost of the option. For example, Model 3 Standard Plus used to cost $37,500, plus $3,000 for the Autopilot option. It now costs $39,500, with Autopilot included."
I believe the China AutoPilot bundling offer in February was a trial balloon, and they went for it.
Given that Autopilot take rate was in excess of 80% in surveys this should eliminate the lower margin AP- sales.
It also puts pressure on competitors plus makes it easier to buy the FSD option.
"Please note, customers who choose leasing over owning will not have the option to purchase their car at the end of the lease, because with full autonomy coming in the future via an over-the-air software update, we plan to use those vehicles in the Tesla ride-hailing network."
Wow - will bearish analysts now add Lyft's valuation to Tesla's now? Just kidding ...
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Tesla certainly getting more confident about autonomy!
But I remain a skeptic on this. It is very very very difficult to predict 3 years into the future.
But I remain a skeptic on this. It is very very very difficult to predict 3 years into the future.
OK, that's an argument. :shrug:
No, it doesn't. Cells aren't the bottleneck right now.
RobStark
Well-Known Member
Transport ships from China to US West Coast are full.
From the US West Coast to China ships are generally empty.
Meaning cheap rates.
EVNow
Well-Known Member
I can see how this works.
"All the good work of the military is because of amazing soldiers but problems are because of generals/political leaders".
I suppose they could poach cars fresh off the line if it happens quicker.
But I suspect even if the tech gets there, regulations are still going to lag behind.
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