edyvw
$50 site donor 2025
There is nothing that indicates slowing economy, but on needs excuses.
Tesla Drops USA Prices up to 20%
- Thread starter E365
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What did you intend to say here, very confusing??
Owen Lucas
$100 Site Donor 2023
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Imagine ordering a Tesla the day before the prices are reduced.
There are a lotta really mad people. No doubt.
IMO, I think there is a real possibility that the bottom may fall out of the electric vehicle fad. Too many reports of charging and car problems because it’s winter. There are a lot of Tesla’s on used car lots in the DC area.LOL wishful thinking.Some might say desperation. I wouldn't go that far, but competition is heating up, and that will drive prices down. When you can't make them fast enough you raise prices...................Or at the very least hold them steady, not drop them. The share holders aren't too thrilled this morning, its selling off again in pre-market.
Yep.
It could happen. One thing I'm pretty certain of, by the time the grid is ready, 1,000 + pound batteries that lose a large portion of their travel range due to cold weather will be history, and we'll be laughing at how inefficient they were.
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A luxury series of automobiles with fit, finish and ride quality unmatched by Tesla
I suspect the BMW purchaser is not concerned with your business perception of the company.
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Strikes terror in Tesla shareholders who have been beaten to a pulp the last two years. So bad some would like to see Musk removed as CEO last I remember.
Furthermore Tesla did not turn a profit in the USA 2021 just to keeps the fact straight.
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Here is my pundit prediction for 2023. Tesla will never again have 50% of the EV market in the USA.
Usually the wealthy can afford to live like the wealthy but most in the middle class live beyond their means . The middle class is usually the block of voters that keep reelecting their incumbents with out regard to the quality of their on the job performance.
Could it be that Tesla is facing more competition. Is Elon being damaged by the political classes that the purchase of Twitter has exposed.
Absolutely! Maybe he should have bought GM or Toyota, or both instead.
Tesla has much more flexibility in pricing than any other EV manufacturer.
Tesla out paces even Toyota in profit per vehicle and it's not even close.
Here are some statistics for the 3rd quarter of 2022:
Toyota:
* 2,625 thousand sales
* $3,342 billion overall net profit
* $1,273 profit per vehicle
Tesla:
* 344 thousand sales
* $3,292 billion overall net profit
* $9,754 profit per vehicle
Tesla out paces even Toyota in profit per vehicle and it's not even close.
Here are some statistics for the 3rd quarter of 2022:
Toyota:
* 2,625 thousand sales
* $3,342 billion overall net profit
* $1,273 profit per vehicle
Tesla:
* 344 thousand sales
* $3,292 billion overall net profit
* $9,754 profit per vehicle
There are a lot of used ones on car lots. Wonder how that will affect them?
You guys are forgetting that Tesla is just starting to see income from their other business divisions like solar and insurance and if the rumored Tesla Smartphone comes to market, it will probably take a big market share away from Apple and Samsung.
Then you can add in their sales of Robotaxis to companies like Uber and Lyft and their sales or licensing their FSD software, all of which will likely happen in the next couple of years. NO other automaker has those kinds of revenue streams which are extremely profitable in the works.
The predictions by financial analysts that are prescient enough to see that Tesla is NOT just a car manufacturer have calculated that with a little luck Tesla will be among the top three most valuable companies in the world. GM and Ford will still be struggling with their burdensome unfunded pension liabilities and aging and outdated manufacturing facilities. VW and Toyota may be putting up a good fight.
Rivian ? They may be just a memory. Kia and Hyunday may capture the low end of the EV market for people who want an inexpensive electric car and extreme range and performance doesn't mean anything to. We'll see.
Then you can add in their sales of Robotaxis to companies like Uber and Lyft and their sales or licensing their FSD software, all of which will likely happen in the next couple of years. NO other automaker has those kinds of revenue streams which are extremely profitable in the works.
The predictions by financial analysts that are prescient enough to see that Tesla is NOT just a car manufacturer have calculated that with a little luck Tesla will be among the top three most valuable companies in the world. GM and Ford will still be struggling with their burdensome unfunded pension liabilities and aging and outdated manufacturing facilities. VW and Toyota may be putting up a good fight.
Rivian ? They may be just a memory. Kia and Hyunday may capture the low end of the EV market for people who want an inexpensive electric car and extreme range and performance doesn't mean anything to. We'll see.
All the used Teslas, like mine, will drop in value.
In fact, this will affect all used and new cars, as cheaper Teslas will lead customers to rethink their options.
Obviously some more than others. Interesting times ahead. I am likely a buyer in Q3, depending on the Model 3 Highland.