Forbes MME vs Y

trutolife27

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The belt is getting tighter on tesla No PR team, no advertising, cutting prices. Now, this. Competition is getting at an all-time high in the next 2 years in the EV market.


Report: Tesla Cancels 7-Day, No-Questions-Asked Return Policy


One of the more innovative and unusual customer-service policies in the auto industry might be coming to an abrupt end. Next-generation transportation and energy website Electrek reported on Friday that Tesla has decided to cancel its seven-calendar-day, no-questions-asked, full-refund return policy.
Citing "sources familiar with the matter," the article stated that Tesla pulled the plug on the policy Thursday night. The company web page that formerly spelled it out is now a redirect to a general support page (although a Google search for "Tesla return policy" yields a blurb of the old promise as its first result).
The Electrek article's sources said that customers having issues with new cars and who desire a refund will instead be directed to Tesla's service department for repairs and not refunds.

Under the old policy, owners of new cars could return their vehicles as long as the cars showed no damage and had fewer than 1,000 miles on the odometer. Tesla has not yet made any formal announcement about the status of the policy, nor has it responded to the article.
The company has featured prominently in headlines over the past week. On Monday, it cut the price of its premium Model S sedan by $3,000. This was not the first reduction it made in 2020 (an earlier one was enacted in May), and it wasn't the last. A mere two days later, CEO Elon Musk announced in a tweet that the price would be lowered by another $2,570.

Although abrupt changes in Tesla's business are the rule rather than the exception, investors might not be too happy with the elimination of that very confident return policy. In mid-afternoon trading on Friday, Tesla's shares were down by 1.2%, in contrast to the gains of the broader stock market, and are expected to fall as much as 3% this week. The launch of the Ford Mache no doubt has started putting pressure on tesla. With estimated orders around 60,000 for 2021.
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Davedough

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Wow. It's there no limit to Elons douchbaggery?
 
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kdryden99

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The belt is getting tighter on tesla No PR team, no advertising, cutting prices. Now, this. Competition is getting at an all-time high in the next 2 years in the EV market.


Report: Tesla Cancels 7-Day, No-Questions-Asked Return Policy


One of the more innovative and unusual customer-service policies in the auto industry might be coming to an abrupt end. Next-generation transportation and energy website Electrek reported on Friday that Tesla has decided to cancel its seven-calendar-day, no-questions-asked, full-refund return policy.
Citing "sources familiar with the matter," the article stated that Tesla pulled the plug on the policy Thursday night. The company web page that formerly spelled it out is now a redirect to a general support page (although a Google search for "Tesla return policy" yields a blurb of the old promise as its first result).
The Electrek article's sources said that customers having issues with new cars and who desire a refund will instead be directed to Tesla's service department for repairs and not refunds.

Under the old policy, owners of new cars could return their vehicles as long as the cars showed no damage and had fewer than 1,000 miles on the odometer. Tesla has not yet made any formal announcement about the status of the policy, nor has it responded to the article.
The company has featured prominently in headlines over the past week. On Monday, it cut the price of its premium Model S sedan by $3,000. This was not the first reduction it made in 2020 (an earlier one was enacted in May), and it wasn't the last. A mere two days later, CEO Elon Musk announced in a tweet that the price would be lowered by another $2,570.

Although abrupt changes in Tesla's business are the rule rather than the exception, investors might not be too happy with the elimination of that very confident return policy. In mid-afternoon trading on Friday, Tesla's shares were down by 1.2%, in contrast to the gains of the broader stock market, and are expected to fall as much as 3% this week. The launch of the Ford Mache no doubt has started putting pressure on tesla. With estimated orders around 60,000 for 2021.
The cuts keep on coming. Used cars now only 1yr warranty and not 4yrs
https://www.autoblog.com/2020/10/19/tesla-slashes-used-warranty/
 


ChasingCoral

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The belt is getting tighter on tesla No PR team, no advertising, cutting prices. Now, this. Competition is getting at an all-time high in the next 2 years in the EV market.


Report: Tesla Cancels 7-Day, No-Questions-Asked Return Policy


One of the more innovative and unusual customer-service policies in the auto industry might be coming to an abrupt end. Next-generation transportation and energy website Electrek reported on Friday that Tesla has decided to cancel its seven-calendar-day, no-questions-asked, full-refund return policy.
Citing "sources familiar with the matter," the article stated that Tesla pulled the plug on the policy Thursday night. The company web page that formerly spelled it out is now a redirect to a general support page (although a Google search for "Tesla return policy" yields a blurb of the old promise as its first result).
The Electrek article's sources said that customers having issues with new cars and who desire a refund will instead be directed to Tesla's service department for repairs and not refunds.

Under the old policy, owners of new cars could return their vehicles as long as the cars showed no damage and had fewer than 1,000 miles on the odometer. Tesla has not yet made any formal announcement about the status of the policy, nor has it responded to the article.
The company has featured prominently in headlines over the past week. On Monday, it cut the price of its premium Model S sedan by $3,000. This was not the first reduction it made in 2020 (an earlier one was enacted in May), and it wasn't the last. A mere two days later, CEO Elon Musk announced in a tweet that the price would be lowered by another $2,570.

Although abrupt changes in Tesla's business are the rule rather than the exception, investors might not be too happy with the elimination of that very confident return policy. In mid-afternoon trading on Friday, Tesla's shares were down by 1.2%, in contrast to the gains of the broader stock market, and are expected to fall as much as 3% this week. The launch of the Ford Mache no doubt has started putting pressure on tesla. With estimated orders around 60,000 for 2021.
And they get to decide whether the roof flying off is a defect or a feature. At least they finally decided bumpers falling off was a defect -- a year later.
 

DBC

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Pretty much the facts like I said before.
Some issues:

1. Energy density -- misses the point that if an electric drive is 4X as efficient as an ICE drive then you don't need to have the same amount of energy. The electric drive just needs 1/4th the energy.

2. Size -- misses the point that the space needed to drive the vehicle involves more than energy storage. An ICE vehicle needs an engine and a transmission and an exhaust system. An electric drive needs a motor or two. Taking both the drive and the energy storage into effect the electric drive actually takes up less not more room and you can package it better.

3. Weight -- misses the point that lugging extra weight around is a dead weight loss for an ICE vehicle but through regen not for an electric drive vehicle.

I think the biggest reasons people don't buy electric are: (1) consumers apply a crazy high discount rate to purchases (they want a six month payback for things they'll have for eight years); and (2) they are uncomfortable with range/refueling times (you see that here with something of an obsession with range). So it's not really technical reasons as much as psychological ones.

From this perspective Ford's decision to ditch the electric economobile for a 300 mile Mustang electric was a very good one. The appeal of the vehicle helps overcome objection (1) and the 300 miles range helps assuage objection (2). Once people have one they'll figure out the benefits of an electric drive and the great joy of rarely having to suffer through the experience of a refueling event at a gas station.
 

trutolife27

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Automotive industry veteran Sandy Munro once said that if Tesla had contracted someone to help produce the early versions of the Model 3, the car would have immediately wiped the floor with everyone. After Munro tore down the Tesla sedan in 2018, Musk and the company realized that there were improvements needed in the build of the car. These started with later builds of the Model 3, but the more significant improvements would be passed on to the Model Y, a sibling of the Model 3 as the two vehicles share 75% of the same parts.

One of the biggest complaints Munro had about the Model 3 was the rear casting. He felt the car was “over-engineered” because it utilized around 100 parts for the rear trunk. However, the Model Y is an entirely different build, and it is something Munro has complimented during recent episodes of his teardown series.

Tesla’s idea for the Model Y was to simplify the build process and utilize fewer parts. But nobody has ever come close to using two parts for rear casting as Tesla did with the Model Y. The decrease in parts helps with the build quality, weight reduction, and production efficiency.
 

efisher

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Take what Munro says with a grain of salt. His entire business model is based on getting competitors to purchase reports with six figure price tags. He needs to make other manufacturers fell that they have to purchase updated reports so he will over emphasize differences between models.
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