GreaseMonkey

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They have to discount the Model Y more because it sucks. ?

If you don’t mind being the same as every other mom in the elementary school pickup line, the Model Y is perfect……and on sale!
They had to drop the MY price because they run a for profit business, not a side hustle. And because, unlike Ford’s execs, they did not sleep during Econ 101 and really understood the concept of price elasticity of demand.
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DennisD

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My understanding is the 2024 has a slightly more efficient motor - but 10 miles is

Tesla cut the price again a few days ago, but said there will be a $1,000 price increase March 1st.
Either way, Ford’s MSRP is thousands higher.
I didn’t pay MSRP for my MME Premium AWD XR - I paid $49,900. My point is if they are able to price match Tesla, why make the MSRP so high?
Actually, pre-Covid the domestic brands did this on most vehicles. I could always shave thousands of dollars off the MSRP on a domestic brand but not as much on a foreign brand of similar style when purchasing new.

The domestic brands typically build this in on a mass scale. That is why I was scratching my head seeing so many people paying ADM on a Ford. Ford and the like made thousands of dollars on each vehicle sold just a couple years ago. Now they are feeling Karma.

Those same people now need to remember not to do such a death spiraling decision on price purchasing in the future.

Never ever, ever pay ADM on any vehicle. You will surely regret it in the near future.
 

Mach1E

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They had to drop the MY price because they run a for profit business, not a side hustle. And because, unlike Ford’s execs, they did not sleep during Econ 101 and really understood the concept of price elasticity of demand.
That’s funny. Their profits went down after the price cuts last year.

But it’s only fair that you told a good joke after I made a joke. ?
 

GreaseMonkey

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That’s funny. Their profits went down after the price cuts last year.

But it’s only fair that you told a good joke after I made a joke. ?
You know what’s funny? The fact that you don’t understand economics, but are dead set to argue about it. That’s funny.

Only a moron would pay $20k more for a Mach-E. Are there morons around? Yes. But most people are rational, which is why an order of magnitude more people buy a stale and ugly Model Y.
 

Mach1E

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You know what’s funny? The fact that you don’t understand economics, but are dead set to argue about it. That’s funny.

Only a moron would pay $20k more for a Mach-E. Are there morons around? Yes. But most people are rational, which is why an order of magnitude more people buy a stale and ugly Model Y.
Most high volume cars suck. The Y doesn’t change that trend.

It’s sad that you think this discussion has anything to do with intelligence or economics. But if you think my joke reveals anything about what I do and don’t understand about economics, I’ll be glad to show you my resume. ?

If you do want to discuss what Tesla learned last year about elasticity of demand, it was that despite $22k-$50k price drops, their quantity of vehicles sold still stalled by the end of the year.

My theory is they were trying to undercut all the newcomers to the EV market to force out some competition. It worked. Tons of models that were supposed to come out this year have been delayed or possibly cancelled. Tesla profits took a hit but it could have been a smart gamble. We shall see.
 
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DennisD

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Most high volume cars suck. The Y doesn’t change that trend.

It’s sad that you think this discussion has anything to do with intelligence or economics. But if you think my joke reveals anything about what I do and don’t understand about economics, I’ll be glad to show you my resume. ?

If you do want to discuss what Tesla learned last year about elasticity of demand, it was that despite $22k-$50k price drops, their quantity of vehicles sold still stalled by the end of the year.

My theory is they were trying to undercut all the newcomers to the EV market to force out some competition. It worked. Tons of models that were supposed to come out this year have been delayed or possibly cancelled. Tesla profits took a hit but it could have been a smart gamble. We shall see.
I would guess that Tesla is in deep trouble. The other brands are still selling non EV vehicles at a profit. Tesla is not.

Unless the perception of owning an EV changes with the masses, I would be nervous to be a Company solely relying on EV sales.

As it turned out, Toyota was much better positioned to profit from this downturn than Tesla.

By like you said, we will see...............
 

Kaskaskia 309

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Not sure what Ford is thinking here. You can buy a Model Y Long Range AWD with panoramic glass roof along with paint and seat upgrades for $44,130. An Ioniq 5 is $45,775, less the glass roof.
.
Then again the Polestar 3 is $85,300 so ?‍♂
 

Kaskaskia 309

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Buy new(er) get less(er).
Ford.
Bought my Mach-e premium in September. I didnt try a tesla first. Big mistake!! Paid too much, should have leased but didnt. I was paying $1000 a month for a car valued at $31k, by the dealer I got it from, as of 2-7-24. The car lost 50% of its value in 5 months!
Thank goodness for Carvana! They were happy to give me $42k for a showroom condition awd premium with 4700 miles. I had to empty my savings, and paid 18k to Carvana to get that blood sucking leach out of my garage. No more fords for me. Admittedly,a number of factors contributed to this situation, that were beyond fords control and I am to blame too. My next vehicle will be a Tesla, leaving all the Mach E 's in my dust. And I'll beat you out of charging station, too.
 

areacode413

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Bought my Mach-e premium in September. I didnt try a tesla first. Big mistake!! Paid too much, should have leased but didnt. I was paying $1000 a month for a car valued at $31k, by the dealer I got it from, as of 2-7-24. The car lost 50% of its value in 5 months!
Thank goodness for Carvana! They were happy to give me $42k for a showroom condition awd premium with 4700 miles. I had to empty my savings, and paid 18k to Carvana to get that blood sucking leach out of my garage. No more fords for me. Admittedly,a number of factors contributed to this situation, that were beyond fords control and I am to blame too. My next vehicle will be a Tesla, leaving all the Mach E 's in my dust. And I'll beat you out of charging station, too.
Looks like it’s time to start a new thread, “ I wish I bought a Tesla.” Sorry mate. Sounds like a stressful situation for you. Hope you find a ride which ticks all the boxes for you.
 

GreaseMonkey

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I would guess that Tesla is in deep trouble. The other brands are still selling non EV vehicles at a profit. Tesla is not.

Unless the perception of owning an EV changes with the masses, I would be nervous to be a Company solely relying on EV sales.

As it turned out, Toyota was much better positioned to profit from this downturn than Tesla.

By like you said, we will see...............
Farley is not concerned about Toyota. He’s only concerned about Tesla and BYD (just read his remarks). And he’s right, btw.
 

DennisD

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Farley is not concerned about Toyota. He’s only concerned about Tesla and BYD (just read his remarks). And he’s right, btw.
Just like in any competitive business, Ford cares what ALL other Companies are doing.

Toyota was perceived as "slow to the game" in regard to EV's. It appears that they were right. It may have been luck though but the Hybrid Tech appears to be a better investment than an EV.

When one Company makes more money than another, it changes everything down the road.

Just sayin......
 

GreaseMonkey

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Most high volume cars suck. The Y doesn’t change that trend.

It’s sad that you think this discussion has anything to do with intelligence or economics. But if you think my joke reveals anything about what I do and don’t understand about economics, I’ll be glad to show you my resume. ?

If you do want to discuss what Tesla learned last year about elasticity of demand, it was that despite $22k-$50k price drops, their quantity of vehicles sold still stalled by the end of the year.

My theory is they were trying to undercut all the newcomers to the EV market to force out some competition. It worked. Tons of models that were supposed to come out this year have been delayed or possibly cancelled. Tesla profits took a hit but it could have been a smart gamble. We shall see.
First, this is not personal, Randall. I actually try not to engage cause I know we have diametrically opposite view on things.

Mach-E is supposed to also be a high volume car (produced in two plants with the Mexican one capable of 300k units). But, it’s not selling. So let’s not spend our energy criticizing the one that is literally the #1 selling car in the world (1.22M units in 2023) and figure out what’s wrong with ours so we can fix it.
 

GreaseMonkey

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Just like in any competitive business, Ford cares what ALL other Companies are doing.

Toyota was perceived as "slow to the game" in regard to EV's. It appears that they were right. It may have been luck though but the Hybrid Tech appears to be a better investment than an EV.

When one Company makes more money than another, it changes everything down the road.

Just sayin......
I would encourage you to look up his remarks.

Toyota is shitting bricks too because of Tesla and BYD. They can’t seem to fathom how these companies can make cars this inexpensively, despite Toyota Production System being a religion for many of us (your truly included). Hybrids are so 1990s. We are well past that.
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