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Thinking about joining legal action on recent massive price cut

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canyondrive

Member
May 23, 2015
45
89
Northern California
With the recent major price reduction, I feel like I'm hit with the penalty for being a few months earlier adopter.

Not sure if I'd line up at the stores overnight or put reservation money.

I bet many of you, the loan balance is higher than how much you can buy the cars right now. Even with the tax credit refunds.

I can't even imagine how recent S or X owners feel right now.

You can easily disregard by saying 'that's how business works' but US is a country with lawsuits with a few MPG difference.

If there's no compensation gesture from Tesla, I'm willing to join a party with legal action. Do any of you know which firms are cooking up those ideas?
 

Thomas Edison

Active Member
Apr 3, 2016
1,541
2,446
Portland-ish
With the recent major price reduction, I feel like I'm hit with the penalty for being a few months earlier adopter.

Not sure if I'd line up at the stores overnight or put reservation money.

I bet many of you, the loan balance is higher than how much you can buy the cars right now. Even with the tax credit refunds.

I can't even imagine how recent S or X owners feel right now.

You can easily disregard by saying 'that's how business works' but US is a country with lawsuits with a few MPG difference.

If there's no compensation gesture from Tesla, I'm willing to join a party with legal action. Do any of you know which firms are cooking up those ideas?
I’d check seeking alpha in a day or two.
 

Matt L

Active Member
Jul 20, 2018
1,050
1,685
OK USA
With the recent major price reduction, I feel like I'm hit with the penalty for being a few months earlier adopter.

Not sure if I'd line up at the stores overnight or put reservation money.

I bet many of you, the loan balance is higher than how much you can buy the cars right now. Even with the tax credit refunds.

I can't even imagine how recent S or X owners feel right now.

You can easily disregard by saying 'that's how business works' but US is a country with lawsuits with a few MPG difference.

If there's no compensation gesture from Tesla, I'm willing to join a party with legal action. Do any of you know which firms are cooking up those ideas?
If I ever walk away from this brand, it will be to get as far away as possible from this sort of entitlement mentality.

It’s honestly nauseating
 

woodisgood

Slightly faster than 5mph
Jul 26, 2018
2,732
15,407
San Francisco
If I ever walk away from this brand, it will be to get as far away as possible from this sort of entitlement mentality.

It’s honestly nauseating

Hard to know how much is real. You're going to see an amplification of this kind of noise as various parties become more and more desperate.

To answer the OP's question, don't worry, there will be many firms and entities backing your legal pursuit.
 

Fusion

Member
Apr 13, 2016
682
520
San Francisco
With the recent major price reduction, I feel like I'm hit with the penalty for being a few months earlier adopter.

Not sure if I'd line up at the stores overnight or put reservation money.

I bet many of you, the loan balance is higher than how much you can buy the cars right now. Even with the tax credit refunds.

I can't even imagine how recent S or X owners feel right now.

You can easily disregard by saying 'that's how business works' but US is a country with lawsuits with a few MPG difference.

If there's no compensation gesture from Tesla, I'm willing to join a party with legal action. Do any of you know which firms are cooking up those ideas?

Really? Why don't you go buy some stocks and when you lose money. Turn around and sue them for going down in prices causing you to lose money even though the stock showed a positive trajectory.
 

Carefree

Member
Oct 11, 2012
7
45
USA
With the recent major price reduction, I feel like I'm hit with the penalty for being a few months earlier adopter.

Not sure if I'd line up at the stores overnight or put reservation money.

I bet many of you, the loan balance is higher than how much you can buy the cars right now. Even with the tax credit refunds.

I can't even imagine how recent S or X owners feel right now.

You can easily disregard by saying 'that's how business works' but US is a country with lawsuits with a few MPG difference.

If there's no compensation gesture from Tesla, I'm willing to join a party with legal action. Do any of you know which firms are cooking up those ideas?

This is the dumbest post I have seen in a very long time. What planet do you live on?????
 

immolated

Member
Oct 3, 2016
231
326
Las Vegas
As more people bought the more expensive versions, Tesla was able to further develop their cheaper production line. It's cheaper for them to make cars for people who are pressing that buy button now. You absolutely do pay more for adopting earlier. That goes for any technology.

I had always wanted the model 3, but since my car broke down two years ago I was faced with either getting the Model S or nothing. As someone who happily spent $93k on my model S, you can shut up and leave.
 

Spalding

Member
Nov 27, 2018
54
72
Los Angeles
Utter nonsense. There is never a guarantee that prices will remain the same on any product. And for purposes of a lawsuit, there is absolutely nothing in your purchase agreement promising the price will never change, or only go up. Absent that, American-style capitalism allows prices to go up or down at will. Prices often go up (inflation, etc.), but they can just as easily go down, either in response to changing market conditions (i.e., the reduction in the tax credit), improvement in manufacturing, changes in the product, increasing competition from other manufacturers, or any number of other factors.
 

C141medic

Active Member
Apr 9, 2016
1,714
1,578
New Jersey
With the recent price reductions my similarly equipped car is now $1550 cheaper. I guess I paid the price of being an early adopter. Lesson learned, wait until at least after the first year of any new production vehicle to see how things shake up. But I’m okay with it because the price at the time I purchased was the price that I agreed to. Shortly after my purchase they raised the prices for various options and Tesla didn’t ask me to pay them the difference between what I paid and their higher priced options. So, I don’t think it’s fair to expect a “refund” or any compensation from them because this time around they lowered their prices.
 

focher

Active Member
Oct 15, 2013
1,197
2,037
Bay Area
I'm curious what the OP believes the legal basis for a claim against Tesla would be. You can't just assert a desire to sue, you need to have been 1) damaged , 2) the damages were caused by Tesla and 3) that Tesla breached an obligation to you. I see a plausible argument for #1 and #2, but don't see how you can establish that Tesla had an obligation to you in this situation. Typically, a seller of goods and services has no obligation to a prior customer for subsequent price changes unless you could demonstrate fraud that induced you to buy at the price you did. For example, if you had been told that there would be no price reductions for a period of time and then it happened, that would maybe work.
 

ucmndd

Well-Known Member
Mar 10, 2016
7,310
14,292
California
What a hilariously silly notion.

Cars drop in price. Cars based on emerging technologies drop in price much faster than gravity alone. The idea you’re owed a financial/legal remedy because you don’t understand this is laughable.

Which law do you suggest Tesla broke?
 
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