I assumed I would have been able to purchase a Tesla model 3 for $35k by now. I put $1k in April 2016. Was I stupid then to think I’d be driving my $35k car now? Am I wrong to think it will be 2020 before I can get it? Is it a good business practice to take $1k pre-order deposits for something that can’t be delivered for 4 years? Do consumers care? Should I be worried that corners will be cut in production to make a profit on a $35k car? I’ve never experienced anything like this in my life. I’m still dreamin of my $35k model 3 in my driveway.
Not stupid, just expectations were a bit too ambitious.
Assuming you were able to get a $35K Model 3 would you have paid $8,000 for EAP and FSD? I am thinking not.
Tesla would not exist right now if those 120,000 Model 3s were all $35K versus $60K.
Economics is the study of finite resources and unlimited wants.
and how to allocate scarce resources.
Considering the demand for $35,000 Model 3s would be near infinite, how would you fairly allocate those cars?
Smart business is to prioritize those who are past customers and supported the brand.
There are over 120,000 Model S and Model X owners in the United States. If the first 120,000 Model 3's went to them
- you would still be waiting.
To solve your problem you can either
1.) Do nothing and wait. Though $35,000 will arguable go up to $37,000 or so (directly or indirectly) for inflationary reasons.
2.) Use whatever time you have now to save more money and cut expenses elsewhere. Bigger downpayment means you can afford a more expensive car.
Lastly, remember
price is what you pay. Value is what you get.
Any version of the Model 3 is worth its price.