Tesla lowers pricing on Models S and X
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@sirozha
Kudos to Tesla Inc for this moxy move!
After viewing the Tesla Investors Day presentation (on March 1st), I get it!!
Tesla Inc is taking advantage of its engineering prowess to streamline its build out process
IMHO, Model X SUV @ $99,990 would be my personal #1 choice
Tesla Model X and Model S get price reduction in the U.S.
Tesla reduced the price of it Model S and Model X vehicles--including the Plaid versions--in the United States between $5,000 to $10,000.
www.teslarati.com
Not sure what "moxy" has to do with it. According to the Tesla website I could expect delivery of my new purchase in March of 2023. This month. They are doing this because they need to clear inventory.
P.S.
"These new price cuts come just as Tesla updated Model S and Model X recently.
Btw, these first Tesla models feature the new Hardware 4 Autopilot/Self-Driving suite of sensors and a new computer.
Tesla also slightly updated the rear of the vehicles.
-All Model S and Model X vehicles are built in Fremont, California,
-they are shipped to all Tesla markets worldwide."
Complete story at the link:
electrek.co
"These new price cuts come just as Tesla updated Model S and Model X recently.
Btw, these first Tesla models feature the new Hardware 4 Autopilot/Self-Driving suite of sensors and a new computer.
Tesla also slightly updated the rear of the vehicles.
-All Model S and Model X vehicles are built in Fremont, California,
-they are shipped to all Tesla markets worldwide."
Complete story at the link:
Tesla drops Model S and Model X prices, now starts at just $90K
After years of price increases, Tesla has updated pricing on its flagship Model S and Model X vehicles. The Model...
@Dark-Fx , Tesla Inc has had much difficulty in ramping up production of the Tesla S & Tesla X
FYI, this pricing is for the recently updated flagship models....nothing to sneeze at!
All I'm saying, for those in the high end Tesla market, it's the BEST time to purchase one...
BMW I4, Reserved Ocean Ultra, Ocean Pear. Patience is a virtue!
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So why they are reducing their prices? Is it because they want to beat the coming competition? I had the felling that they were looking to get more orders to feed the mega-factories!
Tesla needs to do more than just small refreshes. I know of at least one person that felt like they are just repurchasing the same vehicle just to avoid out-of-warranty costs. Which is just plain silly because the new vehicle was a significant increase that's still above what a replacement battery would be in a 4-5 year old vehicle.
This is clearly a power move by Elon because he wants the industry to follow!
I was being facetious. Tesla has a bit of a demand problem and it's not just in the US. Other markets like China are seeing inventory grow.
Elon said they are working on a Model 3 and Model Y refresh for next year during the infamous Investors Day this year. What that tells me is that they're feeling some heat from the ever-growing competition. It took Tesla something like seven years to even "refresh" the Model S with a slight design update and they're "refreshing" the Model 3/Y after only three to four?
@HotIce, All EV manufacturers WISH they had Tesla Inc "demand problem"
The 2022 Tesla Production numbers are about 1.3 Million or 1,300,000 EV
Tesla 3 & Tesla Y represent approximately 95% of total Tesla Production
The Tesla S / Tesla X were a miniscule 5% of of '22 production
Thus, a 2024 refresh is a prudent move.
I would gladly take a '24 Tesla Y AWD with the updated HW 4.0 hardware and that impressive Deep Cherry Metallic paint
Do I hear 2,000,000 annual Tesla Production for 2023?
That chart certainly tells a tale. 2022 is clearly the worst year Tesla's ever had for building more vehicles than they can sell. 2023 could be interesting.
That graph doesn't tell the entire story. Let's look at the bigger picture, shall we? Will Tesla continue to grow? With roughly only 5% of the market being electric at the moment, that answer is - Of course! The real question is, how much of the market are they going to keep?
[Edit]: I would hope the 3/Y makeup 95% of Tesla's production. How many people do you know that can afford a $100,000+ car comfortably? I can't say I know too many.
Tesla is testing demand elasticity*. It dropped Model Y and saw an overreaction so it corrected. It dropped Model 3 and feels like it got about right for now. It dropped S/X and got some reaction now trying a more aggressive move to see if it pulls demand way beyond supply. If it does, it will pull back. If you were ever thinking about an S or X now is the moment!
(* I know this because (a) it is obvious and (b) Musk confirmed this on investor day when he said the were testing "demand elasticity" and they learned that "small changes in price have a big impact on overall demand".)
(* I know this because (a) it is obvious and (b) Musk confirmed this on investor day when he said the were testing "demand elasticity" and they learned that "small changes in price have a big impact on overall demand".)
Nah...big pass on anything Tesla. Way to many "issues" with their cars AND CEO, the nut man.🤣
That's code for "Our cars aren't selling to we need to test how low we have to go for consumers to be interested in our cars again."
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