I assume they are including existing loans. I got 3% without even shopping 2 years ago. Likely anyone with decent credit got similar.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Yep, I ended up buying a Used 2022 Base model 3 with EAP for 38.4K. Hopefully there are no surprises when I take delivery.
Thanks, to boot her analysis is just plain off the wall. There is no hard work, no rigorous thought process.
The real problem is that those ‘skeptics’ and ‘agnostics’ persist in forming opinions on subjects they know nothing about. The Tesla relevant data on every Marketing subject is plentiful. Factually breakfast cereal and beer are entirely different than are cars and storage batteries.
Those categories require distinct approaches. The two most common basic errors in this thread are about advertising and assuming there is a precise price elasticity to demand fir any consumer durable.
These two are topics with copious data, but subject to factors unrelated to the data collected.
Commercial reality is not quite so simple. Regardless many people demand certainty. I’m reminded of Meryl Streep in “doubt” saying ” but I have my certainty”.
These posts are equivalent to ones opining on the best battery chemistry for a given situation by people who do not know anything of the relevant physics and chemistry that is relevant to a qualified opinion. I read about that myself but I’m not qualified so I read but do not opine.
on this subject, though, everyone seems to pretend to know. FWIW, teaching Marketing 101 was always a chore since the first few sessions must be devoted to teaching people to learn before they think they have the answer.
Sorry for becoming strident. This is getting old.
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jabloomf1230
Minister of Silly Walks
If one reads online business sites for more than a few minutes, one encounters articles quoting Cathie Wood, Charlie Munger, Warren Buffett and Jamie Dimon about some economic nonsense. It seems that their very name functions as effective clickbait.
Carl Raymond
Active Member
One of those points (4 minute mark) is the non linearity of the transition. He asks us to recall the day flip phones stopped selling. We’re heading for that point in the history of ICE cars. Not cool, not economical, not logical to buy new from a value proposition, not legal in places.
Lately it has seemed that the big day for TSLA will come not from some single action by Tesla, but from the crash of ICE. Positioning on that day is all important. Sacrificing margins for growth is absolutely the right strategy.
Buckminster
Well-Known Member
FSDtester#1
Craves Electrolytes
Can't wait for the 1st Police chase caught on video of a Tesla Cop car closing on some Dodge Hemi like it's standing still.
Edit: Not the model 2 or A or Robotaxi.... !!!
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Teslas make great cop cars , especially with normal routine policing. But you will be disappointed if you think a Y would do well against a top Dodge hemi in a police chase. The plaid S would do well, but a Y LR would lag , and easily be outrun If road was open. Does not matter much while fleets are mixed, it is hard to outrun radio. The money savings with a 75% electric fleet would be amazing.
FSDtester#1
Craves Electrolytes
Agreed, the Plaid S would be a better option. With Carbon Ceramic brakes it will outrun the helicopters... but nothing outruns the radio
!!
interesting thread on price cuts vs advertising...
Frustrating how this topic is so decisive
.Should Tesla do the traditional advertising of dumb auto commercials that I see during my NBA playoffs? The ones where there’s practically zero useful information in the add…..just tugging on stereotypes and feelings? Absolutely not. Would be a waste of time.
Should Tesla figure out how to educate the masses about how cheap their EV’s have gotten, how large their supercharger network is, etc..? Absolutely. And sorry to say but that’s going to require some form of traditional advertising.
We’re quickly approaching a price point for the 3/Y that put them at the ASP for their ICE counterpart segment. And I’m not talking about their luxury counterparts. A couple more price cuts and it becomes absolutely obvious that some form of educational advertising needs to happen to inform the masses.
This is only going to grow more obvious as Tesla grows in 2024 and 2025 and we’re talking 3-4 million a year. Yes the Cybertruck will be amazing advertising in itself once it ships. But the average consumer that’s looking at an Accord or a RAV4 needs to know just how much they would be saving on a 3/Y along with the other benefits of owning a Tesla. My family back East still repeat the typical stereotyping of Tesla including that their cars for rich people. Tesla’s gotta actually put in the work to change this.
Essentially put it this way. My parents only got their smartphone a few years ago. Like 17 years after the IPhone came out. It takes a long time for the masses to inform themselves on new technology. It seems to me that Tesla’s growth is simply outpacing the natural word of mouth/education growth for EV’s and for Tesla’s especially
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Frustrating how this topic is so decisive
Divisive, too.
cliff harris
Member
Not neccesarily. In fact Peter Thiel describes this as the best strategy in hs book. His theory is to never bother investing anything in any company you do not think will grow to insane levels. Almost all of the time, you are flat wrong, but if you pick correctly, that one correct pick makes everything else irrelevant.
I think its a totally legit strategy.
When you think long term, everything changes. Maybe cathie I wrong about biotech, wrong about fintech, wrong about roku, and only right about Tesla. Maybe she is wrong about Tesla, but right about biotech, but its just too early.
FWIW I think she is totally wrong about fintech/crypto, even laughably so, but right about biotech and Tesla. I do not think she picks randomly, or fails to do any research. There are plenty of dumb-as-a-rock backwards-baseball-cap-wearing loudmouths on youtube shilling for crypto. No need to put ARK in the same category.
Exactly. I don’t understand why this is so hard to understand for a lot of people on this forum. The people buying cars are not in Twitter like we are. They watch TV and they consume mainstream media. There is not much we can do to change that - Tesla has to go to where they are.Frustrating how this topic is so decisive
Should Tesla do the traditional advertising of dumb auto commercials that I see during my NBA playoffs? The ones where there’s practically zero useful information in the add…..just tugging on stereotypes and feelings? Absolutely not. Would be a waste of time.
Should Tesla figure out how to educate the masses about how cheap their EV’s have gotten, how large their supercharger network is, etc..? Absolutely. And sorry to say but that’s going to require some form of traditional advertising.
We’re quickly approaching a price point for the 3/Y that put them at the ASP for their ICE counterpart segment. And I’m not talking about their luxury counterparts. A couple more price cuts and it becomes absolutely obvious that some form of educational advertising needs to happen to inform the masses.
This is only going to grow more obvious as Tesla grows in 2024 and 2025 and we’re talking 3-4 million a year. Yes the Cybertruck will be amazing advertising in itself once it ships. But the average consumer that’s looking at an Accord or a RAV4 needs to know just how much they would be saving on a 3/Y along with the other benefits of owning a Tesla. My family back East still repeat the typical stereotyping of Tesla including that their cars for rich people. Tesla’s gotta actually put in the work to change this.
Essentially put it this way. My parents only got their smartphone a few years ago. Like 17 years after the IPhone came out. It takes a long time for the masses to inform themselves on new technology. It seems to me that Tesla’s growth is simply outpacing the natural word of mouth/education growth for EV’s and for Tesla’s especially
Tesla and Elon seem unnecessarily stubborn about this. The way to run a successful company is rarely to come up with the most brilliant plan and then execute on that, but rather you use thousands of small trial and error processes and continue doing what works and drop what doesn't. In this case, try advertising in a small market, see if it works and is worth the investment, and then decide.
First announcement on twitter:
Then media follows (an example):
topcarnews.net
Best "not-an-advertisement" for Tesla!
Then media follows (an example):
Tesla Model Y takes Europe by storm in Q1, top sold vehicle overall - TopCarNews
Tesla has reported that the Tesla Model Y was the best-selling vehicle in Europe overall during the first quarter of the year, but to be fair, it wasn’t all that unexpected. With the entrance of the Tesla Model Y into the European market, many analysts and fans alike anticipated that ...
topcarnews.net
Best "not-an-advertisement" for Tesla!
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