Tesla Slashes Prices

[Phil Martin]

You'll be more likely to see the Rivian bankruptcy sale.

I think it's getting dicey if Rivian is going to be able to survive especially if the economy really starts to slow.

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[Ghost Ryder]

Don't forget the $7500 tax credit. This is the cheapest Tesla Ys have ever been (though can't remember the discontinued SR msrp). Model 3s were actually $35k at one point so its still up a bit from their all time low.

Yeah, forgot about that.

I would trade in my GTPE right now if I could get 63k for it and If I qualified for the Tax credit.

 

[ab13]

I ordered my Wife’s Mach-E on 3/11/22, still stuck in limbo, started building it on 12/19 hasn’t finished production. When I saw that Tesla had done this, I showed her a $54,990 Y. After tax credits it would 6k less than what we are to pay for premium SR. She looked it it, looked at me and said “I don’t care if that Tesla is 20k less and can do zero-60 in 4.8 sec. It’s ugly the dashboard is not ergonomic, and the brand is pretentious.”

Guess we will continue to wait. It’s her car. I think I’m with her though.

She knows what ergonomics are and the lack thereof, very good.

 

[roamtheworld]

That's the only part of your post that really matters. The rest is you trying to sound smart, which you are, btw. I agree with the points. But since you mentioned facts:

This says it all with the price changes!
They needed to adjust to meet IRA anyway and they have the room that others don't.

Still sucks for MME and the IRA we would not buy our MME today without $7500 on table.

 

[Ghost Ryder]

This says it all with the price changes!
They needed to adjust to meet IRA anyway and they have the room that others don't.

Still sucks for MME and the IRA we would not buy our MME today without $7500 on table.

How does Fisker have a 14% profit margin? I thought they were barely hanging on.

 

[mjs020294]

They are still over priced, which is really bad news for Ford and the other manufacturers.

 

[1stFord]

Glad I did not take my Premium LR that arrived on 12/30. Was out of town and thought I missed the lowest price ever with the special offer on 2/10/22 order. Did not take it after a 10 month wait. Ford must and will lower their prices on 2023's now.

 

[Nklem]

Wow. So now a Y LR with tax credit is under $46k? I’m not a big Tesla guy, but that seems like a pretty good deal.

That’s what the 21 Premium ERs AWDs were with all incentives, (options rebate , tax credit free wall charger). etc….

 

[MetrowestZ]

This is not to excuse Elon for his behavior, and he should recognize how he needs to be a better role model for kids (and us all).

For kids AND his 10 or so kids. ?

 

[Nemy]

That’s what the 21 Premium ERs AWDs were with all incentives, (options rebate , tax credit free wall charger). etc….

Yup. With price protection it was as recent as 6 months ago... Ah I miss those days.

 

[Nklem]

Yeah, forgot about that.

I would trade in my GTPE right now if I could get 63k for it and If I qualified for the Tax credit.

Unfortunately values are coming down….across all EVs.

 

[SWO]

Looks are subjective. But I don't think a lot of people think that Teslas are "butt ugly." They are generic, but not offensive. Some consider the Model 3 and S as handsome and understated. If they were really ugly, they wouldn't sale as well as they have been. They have sold over 1 million samples worldwide.

As far as Musk antics, other that the fringe left, most people could care less, or unaware of his "antics." Most people do not follow politics.

When it comes down to it, most people have convictions, but those go out the window when face against the harsh reality of higher cost. People vote with their wallets. Pay 20k more for a comparable vehicle because you don't like the CEO? I would wager that 99% of people are not.

Manufacturers have historically selected controversial styling for status vehicles (see: Prius, 1st gen Volt, etc.). IE, ugly sells.

 

[ab13]

If someone plans to trade in their Tesla for one of these new prices, then they better get a CarMax or other offer in writing fast before the price change is reflected.

 

[Electric Goat]

I have zero desire to buy a tesla for myself but this is awesome for the market and people in the market for a new car. I'm thrilled that Tesla is able to respond to the new tax credit rules so quickly.

The tax credit is doing exactly what it was designed to do: get manufacturers to sell cheaper EVs. No credit if you want an expensive EV makes sense to me.

 

[SWO]

How does Fisker have a 14% profit margin? I thought they were barely hanging on.

Plus doesn't Magna build everything for them? Seems dubious

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