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

[Deleted member 3316]

If Tesla wanted to flood the earth with CT Musk should not have chosen a design with niche appeal. This is a vanity project and a completely unnecessary risk for an auto maker that plans to be big.

CT is a better design for a company with BMWs market position and aspirations.

Niche appeal? Are you talking purely aesthetics?
There is no way BMW could/would have made this vehicle… it’s a pickup truck.

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[S.H.Peterson]

Initial prices will probably be a little high. But Uncle Muskie is an industrialist ( whether or not he says so) in the vein of Carnegie and Ford.
Once he gets production established and fairly ironed out , he will gaurantee market placement and demand by cutting prices and thusly kneecapping other truck MFRs. Mrs that are ALREADY losing gobs of cash per truck NOW. The CT will START profitable and get MORE profitable by cutting prices.
He has a ruthlessness streak in him...I can see it and I LIKE it ..

 

[Cyberostachu]

I simplified my comment to the law of supply and demand. I think their innovative manufacturing process will help bring down the price but the difficulty of ramping up 4860 battery production to meet the demand "at this point" may negate that advantage.

 

[slomo]

I simplified my comment to the law of supply and demand. I think their innovative manufacturing process will help bring down the price but the difficulty of ramping up 4860 battery production to meet the demand "at this point" may negate that advantage.

We don't know if structural stainless lowers cost. The Austin Y has not benefited from the structural battery pack.

One potential downside of the CT may be it's not a good base for future vehicles because using the sides as structure limits design choices.

I would not be at all surprised if the structural components are more conventional than expected. Although one big upside of the long delay is refinement of the design and thought towards follow-up vehicles.

 

[Ogre]

Why don’t you provide some statistics instead of the” around town references”?

You are the one suggesting pricing hikes “Because… ‘reasons’/ greed” Not me.

Since you seem to like statistics.

Given current incomes and interest rates: How many people can afford an $80,000 truck in the US? As a percentage of the population is fine. This is what Musk is talking about.

As a percentage, how many people drop their reservations if there is a huge price hike?

No guesswork here from Mr “Demanding Statistics”, let have it. You are insisting a change is inevitable. Well back your assertion up with more than just guesswork.


You talk about people being condescending… but you are the one insisting everyone accept your assertion blindly without backing your shit up. Now you have the gall to call me out for something which is one simple Google search away?

Tesla is going to be producing 250k+ trucks per year very shortly. You need to show they can actually sell that many at the random price you are pulling out-of-your ass.


PS: GM literally shut down their assembly line for several weeks because truck sales are so sluggish this year.

 

[Ogre]

All the fear driving price alarmists “YoU GoTTA pvoOve PRIceing Is NoT ChanGeD!”

Remind me of UFO and Bigfoot nuts. “YoU GoTTA pvoOve BIGfoot Is NoT REal!”

You make the assertion. Prove your shit.

I’m just saying Tesla is going to do what Tesla has done every other time they’ve launched cars.

You guys are saying they are going to do some special new thing. Show your work here. I’m not buying your FUD.

 

[slomo]

What was the 2019 price for the dual motor?

 

[Gurule92]

What was the 2019 price for the dual motor?

49,000 which if I remember right was about the same as long range Y at the time. (52k now)

 

[TBONO]

You are the one suggesting pricing hikes “Because… ‘reasons’/ greed” Not me.

Since you seem to like statistics.

Given current incomes and interest rates: How many people can afford an $80,000 truck in the US? As a percentage of the population is fine. This is what Musk is talking about.

As a percentage, how many people drop their reservations if there is a huge price hike?

No guesswork here from Mr “Demanding Statistics”, let have it. You are insisting a change is inevitable. Well back your assertion up with more than just guesswork.


You talk about people being condescending… but you are the one insisting everyone accept your assertion blindly without backing your shit up. Now you have the gall to call me out for something which is one simple Google search away?

Tesla is going to be producing 250k+ trucks per year very shortly. You need to show they can actually sell that many at the random price you are pulling out-of-your ass.


PS: GM literally shut down their assembly line for several weeks because truck sales are so sluggish this year.

Count to 10 and get some therapy dude.

$60k is the avg price ICE truck sold today.
You think CT will be less? Good luck. Ok, you do you.

 

[TomGriff]

People act like the demand and reservations that the cybertruck has, has nothing to do with its announced price. People aren't lining up because it's pretty. People are lining up because it's a compelling product at a compelling price point. If either of those change too much, the demand falls off a cliff.

I think you are correct. For me price was a huge factor in reservations. I reserved in spite of the looks, which might grow on me when I see one in person, not sure. My kids aren't sure they want to be seen in one. I reserved because Tesla made/makes the best overall EVs and at 50K for a dual motor full sized truck with 300 miles of rated range and the supercharger network and it could seat 6, it was an incredible value. Whether I actually buy one or not will depend on the prices, actual specs and real world reviews.

All that being said, I think Tesla's manufacturing processes will allow them to price it close to the original pricing and make profit. Based on many Munro Associates interviews and assessments, it seems like Tesla's price will allow them to sell for less than their competitors which tells me CT will be priced competitively compared to other offerings.

 

[Gurule92]

Count to 10 and get some therapy dude.

$60k is the avg price ICE truck sold today.
You think CT will be less? Good luck. Ok, you do you.

Wait, so you're thinking no cybertruck will be under 60?? Lol

 

[slomo]

49,000 which if I remember right was about the same as long range Y at the time. (52k now)

That's what I remember too.
So I would put the new dual price in the range of $59K min and $79K max. One CT config will sit just under the $80K tax credit limit. My WAG is the vehicle @$79K will be the 300 mile Quad config.

So I'm going with a $65K-69K prediction for dual 300 mile config. The addition of the rear screen to the CT prototype suggests to me that Tesla has chosen a higher range. No need to add the rear screen with the dual motor at $59K.

I think the obvious introductory CT will be the quad 300 mile version.

I also think the prices above are unnecessarily low before 2025/6. So I'm not sure that Tesla will leave that money on the table. That decision may depend upon how Musk feels about his twitter investment at the time of the final CT pricing meeting.

I assume we will have prices mid summer. I'm sure Tesla's plan is to have thousands of CT delivered to regular buyers by the end of the year. They did the same low expectation release with the model Y. More can go wrong with the CT release, but Tesla is a peak manufacturing competence today.

 

[Cyberostachu]

Initial prices will probably be a little high. But Uncle Muskie is an industrialist ( whether or not he says so) in the vein of Carnegie and Ford.
Once he gets production established and fairly ironed out , he will gaurantee market placement and demand by cutting prices and thusly kneecapping other truck MFRs. Mrs that are ALREADY losing gobs of cash per truck NOW. The CT will START profitable and get MORE profitable by cutting prices.
He has a ruthlessness streak in him...I can see it and I LIKE it ..

I believe you. My order was Aug 2021 which is 2 years behind I guess. Hoping it would get cheaper when my delivery comes. But, I'm nearing 80 y o by then. Hope I could still enjoy the ride.

 

[Gurule92]

That's what I remember too.
So I would put the new dual price in the range of $59K min and $79K max. One CT config will sit just under the $80K tax credit limit. My WAG is the vehicle @$79K will be the 300 mile Quad config.

So I'm going with a $65K-69K prediction for dual 300 mile config. The addition of the rear screen to the CT prototype suggests to me that Tesla has chosen a higher range. No need to add the rear screen with the dual motor at $59K.

I think the obvious introductory CT will be the quad 300 mile version.

I also think the prices above are unnecessarily low before 2025/6. So I'm not sure that Tesla will leave that money on the table. That decision may depend upon how Musk feels about his twitter investment at the time of the final CT pricing meeting.

I assume we will have prices mid summer. I'm sure Tesla's plan is to have thousands of CT delivered to regular buyers by the end of the year. They did the same low expectation release with the model Y. More can go wrong with the CT release, but Tesla is a peak manufacturing competence today.

I understand the want to assume that because they have the rear screen they are shooting for model s and X. But because an aftermarket screen is only like 400 to add to a model y, I don't think it's a good indicator overall.

I rly need tesla to let me know tho lol

 

[Arctic_White]

Affordability

Affordability is the 2nd point. If demand is high at a certain price point, the affordability point is moot.

The initial price for the Cybertruck will match the demand. And the prices will continue to get lower and lower, as per Tesla's Master Plan.

As you said, affordability matters.

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