Originally Posted by JHZR2
Originally Posted by UncleDave
Hilarious - You could have chosen to price the car without the "incentive", but that wouldn't support your statement that they use deceptive pricing - so instead you post up the "incentive" version. I wish all deception could be clicked off that easy.
So at 46K its 8K less than what KBB has listed for an Electric car.
UD
Actually I showed it exactly screen shot from the main page, AND when you click on it. So it shows with and without incentive. So im not misrepresenting anything. It's exactly how Tesla shows it.
Regarding KBB - look at dates. 2018-19? When did the model 3 come out? 2018? There were 400k "deposits" submitted. So of course they were selling all they could, to this day, to clear the backlog (which is why the sales figures aren't to be trusted - there's no equilibrium or steady state), AND driving the costs down at the same time.
But still, the intent of the kbb was to look at more varied vehicle prices than the ev segment - like the compact cars and other vehicles that folks with median income that's less than the price of a new model 3, ie a big fraction of the population... buys. Which is not a Tesla. It is not every mans car, nor will it be any time in the foreseeable future.
Which again is why stock valuation is folly.
Originally Posted by UncleDave
An interesting chart showing sales for a range of segments and volumes.
Did any of those other vehicles have a launch with 400k deposits? So again, we're not out to steady state. Time will tell what real sales are. What we see now is transient.
The very first selector at the top of the quote page looks like this, pretty easy to slide the selector to the left. Its true it defaults to on, but its not really a challenge to slip the switch nor is it hidden in any way.
There is also a base 38 K verison both car with 250 mile of range and 5.3 second 0-60, and 140 MPH top speed - you didnt pick.
So they car can be gotten into for sub 40K - thats a decent amount of performance for 37K.
2020 Q 1 showed similar trend .
Anyone challenging the stock is free to put their money where their mouths are by shorting it.
Plenty of analysts said it was folly at 50 a share.
UD