More Tesla price cuts === cheaper Cybertruck (6 oct)

[HaulingAss]

Yes the $35K M3 was discontinued and only available for a very short period. We are not including government subsidies

Don't be ridiculous. Tesla never said they would never raise the price on the $35K Model 3, there is not an automaker out there that keeps the same prices forever. That doesn't mean they scrapped the car, it means it experienced inflation. The entry level Model 3 wasn't scrapped just because it's now $42K without any subsidies.

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[TBONO]

Don't be ridiculous. Tesla never said they would never raise the price on the $35K Model 3, there is not an automaker out there that keeps the same prices forever. That doesn't mean they scrapped the car, it means it experienced inflation. The entry level Model 3 wasn't scrapped just because it's now $42K without any subsidies.

Ok. So with that logic we all ignoring inflation since 2019 and expecting launch pricing even after EM stated not gonna happen? That’s some magic math there…

I guess the prior fiasco on this has been forgotten:

https://www.theverge.com/2020/11/16/21569524/tesla-model-3-35000-price-stop-selling

 

[Crissa]

The reservation list and additional demand is the reason Tesla cannot stay within 10% of reveal price.

That would be you advocating Tesla soak reservation holders again.

-Crissa

 

[Deleted member 3316]

That would be you advocating Tesla soak reservation holders again.

-Crissa

I still don’t understand what you mean by soak.

You are once again misrepresenting what I am suggesting. I am not advocating for Tesla to extract further profits reservation holders. I’m saying, if going by past behaviour that’s what they will do.

I don’t want them to, but they will, unless they adopt a different market strategy.

 

[slomo]

I seriously doubt it will be under $80k just based the current e-truck market. CT will not be a threat to the cheaper Lightnings or the Rivian until much later.

There doesn't seem to be any reason to price the Quad 300 mile CT under $80K. The Hummer is probably the best reference competitor at $108K.

Maybe the dual motor will be $79K.

The second row screen that has appeared on the CT probably gives a good indication where Tesla is placing at least the quad in their lineup.

CT is likely the first Tesla vehicle that requires the 4680. Tesla battery hedge may be
choosing what cells they use in the Austin Model Y.

 

[slomo]

Yes the $35K M3 was discontinued and only available for a very short period. We are not including government subsidies

As for the price we are all just guessing as we don’t know. Neither do you. We do know Tesla has always been a premium priced product and EM updated it would be more $.
No further updates it will be cheaper.

Agreed it will be priced better than ICE with similar specs…as all Teslas are.

Not sure why anyone here would be crying if it is less $$. I won’t.

Tesla has never been cheaper than comparable EVs. (They really haven’t had many to compete with) So now being late to market and a Lightening out there, not sure why one would think this is the time for Tesla to start being cheaper than the competition. Doesn’t make sense for them to be.

Inflation adjusted Model 3 @ $35K is at least $43K today. If you start measuring from the date of Musks $35K projection, it's close to $45K.

 

[Coolbreeze704]

There doesn't seem to be any reason to price the Quad 300 mile CT under $80K. The Hummer is probably the best reference competitor at $108K.

Maybe the dual motor will be $79K.

The second row screen that has appeared on the CT probably gives a good indication where Tesla is placing at least the quad in their lineup.

CT is likely the first Tesla vehicle that requires the 4680. Tesla battery hedge may be
choosing what cells they use in the Austin Model Y.

First what is a Quad 300 mile CT?

Second If you want to be like GM and sell 2 Hummers a quarter go ahead and price them out of reach of the average buyer.
You did it Mary :
GM only sold 2 Hummer EVs in Q1

 

[TBONO]

Inflation adjusted Model 3 @ $35K is at least $43K today. If you start measuring from the date of Musks $35K projection, it's close to $45K.

That’s a fair point. Just took a long time to get there and with recent inflation which wasn’t much of the dialog pre 2020.

Still doesn’t explain why people think 2019 launch prices will stay the same and ignore inflation

 

[charliemagpie]

Going to need an Emu egg

 

[TBONO]

That would be you advocating Tesla soak reservation holders again.

-Crissa

Tesla is for profit and has acted accordingly. Have we ever seen an auto company change prices so quickly and frequently? Nope.

Reservation holders don’t have a contract at a price. Just a spot in line.

 

[slomo]

That’s a fair point. Just took a long time to get there and with recent inflation which wasn’t much of the dialog pre 2020.

Still doesn’t explain why people think 2019 launch prices will stay the same and ignore inflation

Because they are not normally new truck buyers. Hopeium is hard to shake.

.

 

[slomo]

First what is a Quad 300 mile CT?

Second If you want to be like GM and sell 2 Hummers a quarter go ahead and price them out of reach of the average buyer.
You did it Mary :
GM only sold 2 Hummer EVs in Q1

Not because of demand:

https://carsandbids.com/auctions/KDGk0gw0/2022-gmc-hummer-ev-pickup-edition-1

Another reference point is the R1T, which is $80-95K. No single motor option.

Lightning $60-$100K

not sure about Ram

 

[cvalue13]

Hopeium

not interested or weighing in on the pricing discussion, just here to thank you for reminding me of this word

 

[HaulingAss]

Ok. So with that logic we all ignoring inflation since 2019 and expecting launch pricing even after EM stated not gonna happen? That’s some magic math there…

I guess the prior fiasco on this has been forgotten:

https://www.theverge.com/2020/11/16/21569524/tesla-model-3-35000-price-stop-selling

Sigh...It looks like you are missing the point. The whole purpose of the $35K car was to displace hundreds of thousands of gasoline cars - to make a car that was so mass market Tesla could grow auto production at 50% plus per year, compounding each year, to numbers in the millions. That was to drive mass adoption of EV's. Tesla is succeeding brilliantly at doing this through unprecedented disruptions that resulted in relatively few cars actually being sold at $35K.

And that is the same purpose of the Cybertruck. Pricing is never absolute, it's relative to many things, from the state of the economy to the price of labor and raw materials, to interest rates. It looks like you forgot we had a global pandemic with mandatory factory shutdowns and massive inflation in raw materials prices. ICE cars skyrocketed in price to the point that the average new car transaction price in the U.S. has risen to $50K. Well-equipped ICE trucks regularly sell for $70K and more. Prices of raw materials are still getting back to more normal levels after unprecedented supply chain disruptions.

Those who think of prices and money as something that is fixed, or that only moves steadily and predictably in one direction, will always fail to understand what is actually happening with car pricing and will be unable to make sense of many things. In short, they will be wrong a lot.

If you want to understand things better and be able to make better (but not perfect) predictions, you will look at money and pricing in a less absolute manner and a more relative manner. While it's likely that launch pricing, in absolute dollars, will be higher than reveal pricing, the difference in relative dollars will not be significant. The bottom line is the Cybertruck will be emminently affordable by millions of new truck buyers. If it's not, we have bigger problems than whether you can afford a new truck.

So, enough handwringing about the imagined high prices of the Cybertruck. The overall economy is what really matters, and one company is pulling more than their weight when it comes to showing global businesses a new way to supercharge the economy. Economic growth does not come from companies that operate inefficiently and offer poor value, nor does it come from government decrees. Prosperity comes from companies that can deploy natural and human resources efficiently, so they can pay good wages and offer products and services to the people that are screaming values, making their hard-earned dollars stretch further. Companies appear to have forgotten how to do this and consumers are paying a high price for this failure. Tesla is showing the world a better way, but it will take significant time for others to make the necessary changes. Most of them will die the death of the dinosuars that they are, as more efficient deployers of capital and resources take their places. The auto industry had become too wasteful to be sustainable. Tesla is fixing that problem. Watch and see.

Just know that the high prices bandied about by a few outspoken people are a direct result of failing to understand how Tesla is changing the world for the better and that those projected prices are not based on a full understanding of what is really happening in the auto industry and the economy overall.

 

[HaulingAss]

Tesla is for profit and has acted accordingly. Have we ever seen an auto company change prices so quickly and frequently? Nope.

Are you speaking of Tesla's unprecedented lowering of prices of state-of-the art EV's as raw material prices and supply chain disruptions continue to re-adjust to more normal levels?

Tesla's pricing is desgned to do two things:

1) Drive unprecedented demand for EV's over ICE

2) Allow Tesla to continue to grow and expand so they can accomplish number 1 on ever increasing scale.

Those who think Tesla is driven by greed will never understand what is happening right before their eyes. In short, they will be wrong a lot.

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