Do you think CT prices will go up after FS?

[Spacenoddle]

100% agree on Tesla’s attempt to create a new customer base. I posted this on a different thread. In Business world, some call it Blue zone strategy. It’s a master stroke from Tesla to dominate a new segment of user base. The initial Trend is proving that it’s working. From Kim Kardashian to a farmer, I’m seeing all sorts of people buying it. It is indeed a whole new customer base, and this is just the beginning. I’m curious to know how this will impact pricing in a year or so.

Probably stay the same for elon said it won't feel right to drastically increase the price even they know they can. I am still holding some respect for his ethical standard.

Sponsored

 

[Cyber Man]

I think Elon played his hand when he told investors the Cybertruck will not be cash positive for a while* so if demand is there squeeze as much juice as possible

Yeah! He even said that CT is priced below what he ideally wanted, though it was way above the original price he quoted in 2019.

 

[Sjohnson20]

Do we know how much Tesla makes selling a Cybertruck right now? I'm not up on all the info like that but I imagine they don't plan to take a loss on them.

 

[CyberTruckeeTheOne]

Probably stay the same for elon said it won't feel right to drastically increase the price even they know they can. I am still holding some respect for his ethical standard.

 

[rodx]

As much as I love the optimism for depreciation (or appreciation) in this thread, I cannot imagine the CT going up post foundation series orders are fulfilled. I guess seeing the prices of the model S and X recently have made me weary about how the prices will be down the line. As we all know, their goal is to sell as many of their products as possible, and a lower price point = more sales.

 

[Gigahorse]

As much as I love the optimism for depreciation (or appreciation) in this thread, I cannot imagine the CT going up post foundation series orders are fulfilled. I guess seeing the prices of the model S and X recently have made me weary about how the prices will be down the line. As we all know, their goal is to sell as many of their products as possible, and a lower price point = more sales.

Only way they go up on price is if they put a good size battery in there to get us closer to 400 miles of range, that might bump the price up from 80 but not up from FS pricing

 

[Cyber Man]

Do we know how much Tesla makes selling a Cybertruck right now? I'm not up on all the info like that but I imagine they don't plan to take a loss on them.

At this point, I don’t think they are making profits, but I don’t know how much they are losing. Those numbers are not disclosed to the public. All we know based on last earnings call, Elon thinks that the price should have been higher. That was a bit of shocker for me, as he strongly advocates to make EVs affordable. So I’m assuming they are losing money right now on FS models.

 

[SanJoseNinjya]

why lower the price with high demand? if $tsla stays like now, they might double the price for CT)

 

[CyberTruckeeTheOne]

why lower the price with high demand? if $tsla stays like now, they might double the price for CT)

And to continue my analogy, the hook the bigger fools, err, fishbrains with money to burn.

 

[Cyber Man]

As much as I love the optimism for depreciation (or appreciation) in this thread, I cannot imagine the CT going up post foundation series orders are fulfilled. I guess seeing the prices of the model S and X recently have made me weary about how the prices will be down the line. As we all know, their goal is to sell as many of their products as possible, and a lower price point = more sales.

I really hope your prediction comes true. My only sticking point is that CT won’t hit the volume production rate of Model S/X at least for couple of years. So “more sales” is not a problem for CT, at least for few years. Demand will be strong till volume production matches X/Y.

 

[rodx]

I really hope your prediction comes true. My only sticking point is that CT won’t hit the volume production rate of Model S/X at least for couple of years. So “more sales” is not a problem for CT, at least for few years. Demand will be strong till volume production matches X/Y.

Yeah, understandable! I actually am curious; how was the ramp up of those vehicles compared to this? I feel like one side of cybertruck ramp up team says they’re doing great, almost ahead of schedule, and the other says is a little less optimistic. I saw a hundred on the lot at Giga Texas the other day, I’m just not sure what that really means in the grand scheme of the ramp up. Is it still on schedule?

 

[Cyber Man]

Yeah, understandable! I actually am curious; how was the ramp up of those vehicles compared to this? I feel like one side of cybertruck ramp up team says they’re doing great, almost ahead of schedule, and the other says is a little less optimistic. I saw a hundred on the lot at Giga Texas the other day, I’m just not sure what that really means in the grand scheme of the ramp up. Is it still on schedule?

IMO, Units on the factory lot are not reliable source. For all we know, those might just be the same units parked last week. I know Tesla engineer recently tweeted about exponential growth. I will only take the information shared during earnings call as reliable source. Tweets, Drone footage, information posted in forums, etc. should all be taken with a grain of salt.

Elon mentioned multiple times that CT production has been a challenge. It has not been as easy as other vehicles. They had to invent their own casting and dye machines for the assembly line. CT is a completely uncharted territory for both building and selling.

 

[Cybertruck2024]

Look at the automobile market and the state of EVs. It just isn't possible to sell a $100k EV truck in large quantities.

Model Y and Model 3 were big successes for Tesla, but they also had one negative side effect. We learned that people would rather have a quality $50k vehicle, than a top of the line $100k vehicle. The S and X are barely blips on Tesla's sales numbers now, there just isn't a wide market for these vehicles.

We see the same thing with every new high cost ramping production vehicle, people paying huge markups to buy used. There was a Hummer EV that sold near me for $100k markup when it was new. Now there are a few Hunmers sitting on a lot near me at MSRP two years later. It doesn't take long for the new vehicle hype to die down and it also doesn't take long to go through the number of people who will buy at $100k+. The $79k AWD will be for sale next year, $72k after tax rebate. The real question is how long will the AWD CTs stay sold out, before the RWD lever needs to be pulled? The pricing of Y/3 have been a hit, the CT will be a hit at the same price range.

 

[rodx]

IMO, Units on the factory lot are not reliable source. For all we know, those might just be the same units parked last week.

Very fair perspective. I do agree. Earnings calls are what should be trusted.

 

[Cyber Man]

Look at the automobile market and the state of EVs. It just isn't possible to sell a $100k EV truck in large quantities.

Model Y and Model 3 were big successes for Tesla, but they also had one negative side effect. We learned that people would rather have a quality $50k vehicle, than a top of the line $100k vehicle. The S and X are barely blips on Tesla's sales numbers now, there just isn't a wide market for these vehicles.

We see the same thing with every new high cost ramping production vehicle, people paying huge markups to buy used. There was a Hummer EV that sold near me for $100k markup when it was new. Now there are a few Hunmers sitting on a lot near me at MSRP two years later. It doesn't take long for the new vehicle hype to die down and it also doesn't take long to go through the number of people who will buy at $100k+. The $79k AWD will be for sale next year, $72k after tax rebate. The real question is how long will the AWD CTs stay sold out, before the RWD lever needs to be pulled? The pricing of Y/3 have been a hit, the CT will be a hit at the same price range.

Good points! What’s your take on CyberBeast? Do you think they might have different pricing strategy for Beast post FS? btw, demand for Hummer might not be the same as CT after couple of years, and most high end trucks do cost 80K to 100K, and comparing CT to other Tesla vehicles is not a fair comparison.

Sponsored