Who knows when that will pass or what form it will pass in. Congress hasn't even gotten the new covid stimulus passed yet and that should have been super easy to do. If Tesla is at a higher rate of production right now than Q4, do it now and they can always raise prices when the EV tax credit gets renewed.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Who knows when that will pass or what form it will pass in. Congress hasn't even gotten the new covid stimulus passed yet and that should have been super easy to do. If Tesla is at a higher rate of production right now than Q4, do it now and they can always raise prices when the EV tax credit gets renewed.
Yes. Less than $30K after the credit.
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I felt a great disturbance in The Force, as if hundreds of auto executive voices suddenly cried out in terror
Mo City
Active Member
Costs are probably down and Tesla is "going for the jugular" in 2021.
Time to get nasty!
mickificki
Member
yes, capture as much of the market as possible. Take it all. Then when fsd happens, flip the switch and drink in the 90% plus margins.
mekberg
Member
I was just thinking a Standard Range Model Y with FSD would be a perfect commuting machine in a post COVID world.
and production capacity is probably up
insaneoctane
Well-Known Member
For a company that is supply limited AT THEIR CURRENT PRICE...seems like waiting a few weeks or months to understand the status of the new $7K tax credit seems prudent. We want higher margins, no? You can’t raise it back in response to a new tax credit IMO.
Maybe with all the Gigas coming online, TM3 supply might be softening enough for this move. I am not saying I know better, rather I’m admitting it is counterintuitive to me with what little I know.
I will say this, it sure is bold and indicative of serious strength. The idea of a $29k TM3? Wow. Seriously wow!
Maybe with all the Gigas coming online, TM3 supply might be softening enough for this move. I am not saying I know better, rather I’m admitting it is counterintuitive to me with what little I know.
I will say this, it sure is bold and indicative of serious strength. The idea of a $29k TM3? Wow. Seriously wow!
I am calling Tesla started using CATL LFP cell in Fremont for Standard Range 3/Y.
Probably has a near term demand problem most likely due to weather + increase in production. Elon said it himself that people hate picking up cars in super cold weather, hence the seasonality of deliveries.
I can recollect one or two instances ~2019 when prices were raised. Have there been more instances in the last 5 years?
Going into near future (1-2 years) prices being raised seems much less likely compared to them lowered, even when incentives are announced.
Krugerrand
Meow
Thanks for officially starting it off.
*starts inviting itself to homes of everyone it knows to check couches*
Surprised nobody has said "29k Tesla if they bring back the tax credit!" a sub 30k EV with FSD hardware is pretty damn compelling
If Gordo cries “demand” then SP will go up.
lol
I would say winter demand for SR is just lower. People want 4 wheel drive for winter roads and no one wants to deal with the already shorter range and slower charging rate thanks to negative temperatures. Hence SRs got price slashed and LR stayed the same.
I agree on the possibility of near term demand.
I would think at some point Model 3 must be made much cheaper relative to Model Y, by reducing Model 3 prices, to mitigate the cannibalizing by Model Y.
Is base Model Y Vs base Model 3 price, the difference in prices, now 1k more than it was before this price revision?
I think it was quite awhile ago - maybe at autonomy day - that Musk said that goal was to produce MORE cars with SMALLER battery packs to increase the number of robotaxis on the road. This could well by associated with that. Someone sat down and said, right now x% of model 3 sales are long range, but if we drop the standard range price by $1000 the share of model 3 sales for the standard range will increase by z% giving us the ability to sell more cars and more stationary storage.
I prefer this version to "demand issues" but I don't have evidence other than "makes sense to me". Makes it a financially advantageous solution to being supply constrained.
Or maybe the semi is launching sooner than we thought, so they need batteries.
SR are Tesla's best sellers by a wide margin. Tesla produce more of these than any other version of the Model 3(and soon Model Y), so you need constant high demand to satisfy the massive amount of production compared to the LR and performance. So they would slightly adjust pricing to match production. I don't think Tesla is adjusting price jut to increase SR mix as it's already pretty high compared to the rest of the line up.
that's a lovely price point on the standard range M3 as it'll come in at <$30k with a $7k tax credit if Biden gets it pushed through later this year...
Thanks for sharing. The writer of the article is an idiot. Knows nothing about crypto, knows nothing about mining, knows nothing about Tesla's mission.
It's one thing for Elon to support crypto and to hold crypto. These things existed without him, and would exist regardless of him.
Tesla isn't going to just burn energy in your home just to try and mine Bitcoin. Bitcoin and other proof of work coins require specialized ASICS that are designed for special purposes to mine crypto. The hardware in Tesla's would be taxed 100%, creating all sorts of heat, energy, cooling and warranty issues.
All this effort would be naught as the the ASICS/FPGA/GPU/General Compute CPU's in a Tesla might operate at 5% efficiency (IF that, to mine crypto).
The only way this works is for Tesla to release it's own cryprographic currency that is based on Proof of Stake mechanisms.
Each Tesla owned, would just need to be powered on (low energy) to serve as a validation node.
The more Tesla's a family has, the more nodes there are to earn staking rewards.
Price target = 10,000.
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