Tesla Slashes Prices

[BigMach-E]

That’s cool and all, I wouldn’t buy a Muskmobile, ever.

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[awp0]

This may actually help drive MME prices down in the long run. But come on, does anyone really want a Tesla just because they're cheaper?

IMHO you'd have to really hate Tesla to choose a MME Prem AWD ER over a Model Y LR at today's prices. There's no way Ford will keep their 2023 prices unless they're content not selling MME's.

I agree that all things being equal I'd rather have the MME for a number of reasons, but all things are not equal with the MME costing about 40% more. The MME pricing seems kind of laughable now IMHO.

 

[rcechinel]

It would be awesome to see that happen at Tesla HQ in California. Unfortunately, Americans are not so motivated.

They are, they will buy another one. ?

 

[rcechinel]

That’s cool and all, I wouldn’t buy a Muskmobile, ever.

It's more about what this means. What will these price cuts do to the used car market? Are they definitive or just a sale because tesla is building inventory?
Fact is my MME premium ER just lost $10k in market value.

 

[rcechinel]

Ford is gonna see a lot of cancellations for MME with this price delta. MME 4X starts at $66k with zero tax credit vs $46,990 (after the $7500) for the Model Y LR. For $20k, a lot of people will talk themselves out of a MME and into a Model Y.

If Ford drops prices to match Tesla’s move to get under $55k, that’s gonna hurt Ford’s financials. And that’s not even counting the HVBJBs that are adding up at like $3k/pop.

Yeah 100%. Master move by Musk. Now that he is profitable and have excellent operations and gains of scale, he is the only one who can do this now.

 

[newmme]

does anyone really want a Tesla just because they're cheaper?

Have you read this thread? Ford is in trouble if they don't drop prices a lot.

if I was in the market right now, that 7 seater model Y is really tempting with the full tax credit.

I just ordered 1 model y long range and model 3 long range for me and my wife .included 7k5 federal plus cali gonna give extra rebate for sticker under 60k after feb

Its is crazy deal

Just snagged a MYLR. Deal is too good to pass imo

I’m sorry Ford but despite how much I like my Mach-e, there is no way I would pay $20k more for it over the model y If I was to buy now

I also think this is a game changer. With tax credits for the next 3 months, this is the lowest a Tesla has ever been. Now that the MME has gone up in price and doesn't qualify for $7500, it's a no-brainer. It was also a no-brainer for me since I can swap out for free while gaining AWD and a happy wife who's always wanted a Tesla.

The price has gone down in the UK also. I would definitely get a Model Y if I was purchasing one today.

Welp, time to jump to tesla. Just bought a model y with induction wheels for 54,990, will get 7500 and will trade either my '21 or '22 based on which makes more sense.

 

[Logal727]

Drop Elon add CarPlay and maybe I’d consider if MME doesn’t come down

 

[GreaseMonkey]

On Dec 29, IRS set a price ceiling at $55k. Musk responded: hold my beer.

Note: I despise the individual and am married to a never-Tesla woman too!

 

[Mach1E]

whatever happened to people saying Tesla and car makers would jack up their prices because of the tax rebate? seems like the opposite is happening.

We didn’t say they “would jack up their prices….”

We said they “DID jack up their prices….”

Why? Because they did!

So what’s happening now? The market has spoken. They raised them too high.

That and the government kinda messed up the tax credits. It would be very different if all the cars qualified and all the buyers qualified.

What comes next? We shall see. But car prices have ALWAYS adjusted monthly as needed.

 

[Ming]

And all the suckers who bought Teslas last month...

Worse if they bought in November.

 

[awp0]

Btw, I think in my state (MA) this also brings the Model Y LR into range for another $3500 rebate. So if you're income is under the federal cap and you live in MA, I believe you might walk away with a Model Y LR for $42k. You'd have to have very strong convictions to pay $23k more for a comparable MME.

 

[RickMachE]

There's a group of people, not representative of the overall population, but a huge presence here on the forum, that focus on the technology more than the car. Those may abandon Ford and go to Tesla due to the price changes.

However, there is a huge population of "I've never bought an EV" that won't ever buy a Tesla for the following reasons:

- Most models are butt ugly
- CEO's behavior doesn't appeal to them, or their family / friends, and they don't want to deal with that

The single biggest reason a non-EV owner would buy a Tesla over a Ford has been charging, even though a majority of owners charge at home. Now, it will be price also.

I don't expect Ford to do anything since they can't afford the impact on profits.

 

[jimbobiii]

whatever happened to people saying Tesla and car makers would jack up their prices because of the tax rebate? seems like the opposite is happening.

to be fair the IRS hard cap on the price seems to also be playing a role here

 

[phil]

Have you read this thread? Ford is in trouble if they don't drop prices a lot.

Tesla's margins just declined by 50%.
Ford's margins declined by 0%. If Ford cuts all EV prices in response, Ford margins go down 1%.

Who is in trouble??

 

[Ming]

Btw, I think in my state (MA) this also brings the Model Y LR into range for another $3500 rebate. So if you're income is under the federal cap and you live in MA, I believe you might walk away with a Model Y LR for $42k. You'd have to have very strong convictions to pay $23k more for a comparable MME.

I'm seriously considering another Tesla. We have a model Y and MME premium ER. Model Y is preferred by everyone in the family and MME gets rarely driven now. Plus winter range MME is way lower than Tesla (20-40F, below 20 Tesla starts dropping more).

Model 3 LR is $50k now.

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