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I only state that they will still make profit on their cars and probably a lot more profit than other car manufacturer per car. That's all.
TESLA Drops Model Y price by 20%
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Add Yours: VW ID. Buzz Owner's Registry
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Probably true but last time I checked there is only
one car manufacturer CEO who wants to be the richest person in the world. Profits seem to be good enough at the legacy motors so they will keep doing what they do.
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The big E wants pwnage
Lamborghini Says It’s Done Chasing 0-60 and Top Speed Records, Will Focus on Handling
As electric acceleration puts the brakes on gas, Lamborghini is swapping its focus.
www.thedrive.com
Tesla Makes More Money Than GM and Ford - TheStreet
The maker of premium electric vehicles confirms that it has become the most profitable American automotive group.
www.thestreet.com
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Easy money usually equal major collapse eventually. Look at American Motors. All the rage and I grew up lusting over them and suddenly, gone! 🥺
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I wouldn’t call nearly going BK and risking all to pave the way for EVs easy money. Easy money would be scum dealership, lying about emissions and selling cars with broken software.
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Which will make you the biggest car manufacturer in the World, apparently. 🤣
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#1 🦖 mobile soon to be extinct and at the expense of others, yes that is easy money.
Your turn Pnzzy 🥰
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I'm in SoCal and the two dealers I've been "working" with to acquire an ID4 do have quite a few cars on their lots (I would guess around 20 each) including 2021, 2022 and 2023 ID models (Pro and Pro S, I've yet to see a Pro S Plus). However, there's virtually no one looking at the ID4 on the lots. Most customers at the dealerships are looking at the VW ICE vehicles, very strange.
One of the dealers sent me to CarMax to get an appraisal offer and the place was packed with people buying an selling cars, and it took 45 minutes to get the appraisal. The VW dealerships appeared to only have a handful of sales people in the showroom (supposedly Saturday is a busy day) and CarMax had two to three dozen reps in a floor full of work desks.
23 awd pro s plus are rare if not non existant, probably vw having some part issue that they havent deliver any yet...
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Probably lower in production because of sellabilty. AWD are not hot sellers unless living in the Midwest snow season. Majority of RWD will be sold in the left coast and targeted towards the RAV4 type or Elon hating buyers.
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My Chattanooga built reserved ID4 Pro S RWD just came in today. I've decided to take it at MSRP after the dealer removed all the extra and unwanted "dealer installed options". With the federal tax credit and CA Clean Air Rebate program this car is at a really nice price point (for us un-wealthy folks). So now I can drive by the gas stations and give them a middle finger about their $5.50/gal gas prices.
The good news for VW is that there is currently no RWD only Model Y to directly complete with the RWD ID4 Pro S. The bad news is that the ID4 Pro S AWD is now on price par with the Model Y LR and this could hurt VW sales. So I would not be surprised to see VW lower the pricing structure on the ID4 line, or throw in more perks such as "lifetime" free EA charging, or do a significant feature refresh of the line for 2024 and later models. I would think that similar price pressures would be felt by Ford, Hyundai and Kia. Specially Ford since they've been jacking their Mach-E prices up to the same levels that Tesla had.
The good news for VW is that there is currently no RWD only Model Y to directly complete with the RWD ID4 Pro S. The bad news is that the ID4 Pro S AWD is now on price par with the Model Y LR and this could hurt VW sales. So I would not be surprised to see VW lower the pricing structure on the ID4 line, or throw in more perks such as "lifetime" free EA charging, or do a significant feature refresh of the line for 2024 and later models. I would think that similar price pressures would be felt by Ford, Hyundai and Kia. Specially Ford since they've been jacking their Mach-E prices up to the same levels that Tesla had.
Ugh - I hope that they don't do this. It will lead to even more congestion at the chargers.
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Congestion is mainly from EA not fixing the chargers. It’s been 2 weeks here.
I've followed Tesla closely for the last 5 years or so. When I bought my MYSR (standard range Model Y) the price had dropped to $39,990 and Tesla was STILL turning a profit then. I have no doubt Tesla could drop the price of the MYLR all the way down to $40K.. and still turn a profit. Considering they sell additional software.. (EAP, FSD, Acceleration unlock) and now charge expensive rates at most Superchargers.. they've got a pretty good money-printing machine going.
That said they do have to be careful about their position.. their designs are old.. their cars are aging.. features are steadily being removed instead of added.. and even AutoPilot is no longer unique. Won't take long before every manufacturer is selling an EV.. with a huge touchscreen and driving-assistance software. Tesla's one major advantage IMO is the Supercharger network.. and even then greed will take over. As Elon cannot resist accessing the $5 Billion in Government handouts that are waiting for companies who want to assist in building out the federally sponsored charging network that Biden has approved and Congress has made law. Expect the Supercharger network to add CCS connectivity over the next year or so.. and for non-Teslas to start charging at Superchargers a lot sooner than anyone thought.
Once this happens the reason to buy a Tesla will really be down to things like the smartphone app, OTA updates, FSD promise, performance and drivetrain. For the most part they are still leaders in this area.. but the competition is catching up quicker day-by-day.
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More like year to year. Name your favorite Tesla killer. Mine is i Pace and 2nd is BZ4X.
Is Jaguar's Game-Changing I-Pace A Tesla Killer?
It’s Jaguar’s first pure electric model and the latest addition to the brand’s expanding crossover lineup. It’s also the first EV to take the challenge up to Tesla in both styling and performance.
www.forbes.com
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Tesla Y is actually less expensive than Model 3.... and once they improve LFP chemistry ( for SR+ Model 3 there is enough space for one more long module to increase EPA)
They will have much cheaper vehicles.
In the near future they will have to lower MSRP more to have vehicles available biggest part of population that is looking between 30-40k MSRP. Munro provided prices are from 2 years ago.... they are much less than what he is actually providing. Tesla is also high volume buyer of aluminum and other minerals necessary for battery packs.
So there is another saving when producing vehicles at big volumes. And because of big investments in factories , battery plants and big presses there is no other way around to stay low volume high price producers. Because buying in big volumes materials and minerals brings huge savings..... look at Toyota for example.... they have the huge power in high volume purchases on materials needed.
I don't have a favourite Tesla killer. Just like I don't have a favourite corporation. And I cheerlead for none of them.
The only things I cheerlead for are myself and my family. This means I buy whatever product fits my needs the best.. at a specific time & purpose. And when that time & purpose has changed, I generally move on from that product. In the past 10 years for example I have gone from a Lincoln Navigator.. to a Chevrolet Corvette.. to a Honda CRV.. to a Tesla Model Y. Very different vehicles.. from very different manufacturers.
So when I decided to make the jump to the EV world in February 2021.. I knew I wanted a Tesla because it's the EV I always wanted to try. I also liked a lot of the features, capabilities, and passenger & cargo room. I tend to take longer trips so I wanted the security and reliability of the Supercharger network.. and most importantly the price had dropped all the way to $39,990. Fast forward a year.. and my wife decides to make the jump to an EV world and her situation could not be more different. She almost never drives long distances, she hated the idea of touchscreen-only controls, and most importantly the price of a new Model Y was about $26,000 more expensive than the ID.4 she purchased when you include the $7,500 tax credit she received on her 2021 ID.4.
We both purchased specific vehicles that fit our exact needs and budget. Which is always the best killer of them all.
I agree with this. My personal prediction is the price on the Model 3 will continue to drop until it becomes known as a $30K vehicle.. and the price of the Y drops until it's known for being a $40K vehicle. If Tesla is to meet its goals of selling 10+ million vehicles annually then it means the price on these vehicles has to drop several more levels to make it even more affordable to the shopper who was looking at the Camry or RAV4.
While it's easy to throw so long-term numbers on the board to point out that overall EV ownership of something like the 3/Y actually might already be cheaper than a Camry or RAV4 in the long run.. the reality is EV ownership still doesn't make sense for everyone. There are many people without a home charging option. Long-distance travel does require more time, planning & thought.. especially in cold weather and freezing temperatures. And the vast majority of cheap used vehicles are still traditional ICE. It's for these reasons I expect the ICE/hybrid vehicles in the $30-40K range to remain extremely popular with the average new car buyer. That said as the price of EVs continues to drop.. and EV charging infrastructure continues to grow.. so will the audience of potential EV buyers.
That may well happen - I have heard some say that Tesla is so common it is like having a Camry now. The problem is that if potential customers anticipate further price drops, they will wait to order.
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I agree and he states in the video that they consider their pricing very conservative.
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