For Those Waiting for Non-FS Cybertrucks -- Here's the Flip Side to Consider

[DMC-81]

You must have missed the letters at the top EST. $79,990.
I don't argue. Just state facts. Some which you can't handle.

When did you reserve? Like me 4 years ago. Est. are that Est.

I saw the “EST” letters and addressed them in my reply.
I reserved early January 2020. The point you are missing is the risk that Tesla will take if they increase the price again against a soft EV market.

We shall see what happens.

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[CyberGus]

I don't really understand how there could be so many people who can afford to pay $80K for a truck but not $100K. If $20K breaks you you really can't afford it.

If $100k and $80k are the same to you, please send me $20k

 

[CTInProcess]

Sounds to me like someone doesn’t want that $30-$40k depreciation over night lol

 

[Outdoors]

The point you are missing is the risk that Tesla will take if they increase the price again against a soft EV market.

We shall see what happens.

I miss no points if you call that one.

Laughing so hard on soft EV market. When is the Cybertruck anything like the EV market. Risk Tesla. Ok. Maybe you should X Elon quickly and help him on the assembly line.

 

[HaulingAss]

Sounds to me like someone doesn’t want that $30-$40k depreciation over night lol

I've got news for you.

The chance of being able to buy a used Cybertruck that hasn't been crashed for $60K anytime soon is next to nil. The truck is far, far better than any reviewer I've seen to date has been able to verbalize. It's hard to quantify driving characteristics and useability, off-road comfort and versatility, and the day-to-day freedom of not worrying about door dings, scratches and dents.

That said, it's 100% normal for a truck to lose 20% of its value when you drive it off the lot. The Cybertruck should depreciate slower than a regular high-end ICE truck. New vehicles are never an investment in anything other than adding another tool to your quiver. You should always expect to pay for that priviledge.

 

[NSCyber]

2024 model S plaid started at $119,900, now selling new at $87,990

Numerous price cuts with no end in sight

Sure, they also increased prices a ton a couple years ago. I’m talking about such a drastic overnight reduction of $20k on a brand new model! I’m not saying it can’t or won’t be done, I truly don’t know, but I would be shocked if they didn’t test the waters at a price point in between $80k and $100k on the non foundation models.

 

[tingmo13]

not all Non Foundation series will be $80K & below-it's like MS & MX-depending on configuration.

 

[DMC-81]

I miss no points if you call that one.

Laughing so hard on soft EV market. When is the Cybertruck anything like the EV market. Risk Tesla. Ok. Maybe you should X Elon quickly and help him on the assembly line.

The risk that Tesla may take with further price increases or option gimmicks suggested in this thread is on degrading the goodwill among the people who reserved one.

Yes, Cybertruck is the new kid on the block, but with the increased finance costs and the effects of inflation over the past few years, the tolerance for high prices is low among most of the would-be buyers.

Whether it is an EV or ICE, the incidence of ADM (Additional Dealer Markup) is currently low in today’s market. It is not only a soft EV market but a soft automotive market in general.

Here’s a relevant snippet from a car price trends article:

“The luxury vehicle segment has experienced notable price reductions, largely due to Tesla’s aggressive pricing strategies. Tesla is now a top-10 luxury brand in America, not just the leader of electric vehicle sales. As of the most recent data from March, luxury vehicle prices have dipped 7.4% year-over-year.

On the flip side, non-luxury vehicles have seen a price increase of less than 1% YoY. The average price for new non-luxury vehicles in March 2024 was $44,052.”

Source: https://caredge.com/guides/new-car-price-trends-in-2024

 

[TickTock]

If $100k and $80k are the same to you, please send me $20k

I know what you are saying. $20k is $20k. However, I still question how many people there are in the general public (i.e. not us nerds obsessing over tech) that would buy CT @ $80K but not at $100k. There is no other vehicle like it. Even close. Either you gotta have it or you hate it and the value is subjective. If $100K is a significant portion of someone's net worth I would hope they are not buying an $80K-$100K vehicle.

 

[GuyV]

Sure, they also increased prices a ton a couple years ago. I’m talking about such a drastic overnight reduction of $20k on a brand new model! I’m not saying it can’t or won’t be done, I truly don’t know, but I would be shocked if they didn’t test the waters at a price point in between $80k and $100k on the non foundation models.

$79990 will be the bottom. $99900 won't be the top of their aspirations. $79990 isn't as critical a price point where the tax credit isn't an issue. Some of the $20K reduction is FSD which they still can hope to capture, some is the $2500 store credit for Powershare and an extra $4k for installation with CyberBeast. They will be looking for ways to increase revenue where they can, so there will definitely be add-ons to increase it. Range extenders for example, camping tents, light bars,...

 

[Outdoors]

The risk that Tesla may take with further price increases or option gimmicks suggested in this thread is on degrading the goodwill among the people who reserved one.

Yes, Cybertruck is the new kid on the block, but with the increased finance costs and the effects of inflation over the past few years, the tolerance for high prices is low among most of the would-be buyers.

Whether it is an EV or ICE, the incidence of ADM (Additional Dealer Markup) is currently low in today’s market. It is not only a soft EV market but a soft automotive market in general.

Here’s a relevant snippet from a car price trends article:

“The luxury vehicle segment has experienced notable price reductions, largely due to Tesla’s aggressive pricing strategies. Tesla is now a top-10 luxury brand in America, not just the leader of electric vehicle sales. As of the most recent data from March, luxury vehicle prices have dipped 7.4% year-over-year.

On the flip side, non-luxury vehicles have seen a price increase of less than 1% YoY. The average price for new non-luxury vehicles in March 2024 was $44,052.”

Source: https://caredge.com/guides/new-car-price-trends-in-2024

One must not understand Tesla's view of goodwill. Then burn through it everyday. Care very little about post sale customer.

Yet people keep buying. Looks like you are a newb to Tesla ownership. Keep waiting for your perfect moment.

Thus your risk statement kind of doesn't make sense. Tesla don't care brother.

I see your Google searching took you to car edge. Car edge is a concierge buying service for cars, not a journalistic institution of writing. Please dispense with the dribble and have a good evening.

 

[DMC-81]

One must not understand Tesla's view of goodwill. Then burn through it everyday. Care very little about post sale customer.

Yet people keep buying. Looks like you are a newb to Tesla ownership. Keep waiting for your perfect moment.

Thus your risk statement kind of doesn't make sense. Tesla don't care brother.

I see your Google searching took you to car edge. Car edge is a concierge buying service for cars, not a journalistic institution of writing. Please dispense with the dribble and have a good evening.

Well, therein lies the problem. If Tesla is burning through goodwill and cares little about post sale customers like you mention, this will be a headwind for ramping up sales. Incremental sales requires attracting new customers to the brand and to EVs in general.

Selling cars to your ardent fans is easy for a manufacturer. Attracting new and or agnostic customers is harder. Tesla should care about both.

We will soon see how Q2 went. As an investor, I hope it will be great.

 

[Macgyverfever]

I debated whether or not to post this, but F' it -

When I bought my MYP back in Aug 2022, the first thing I noticed was the full range not being at 303 but rather 297; those times were insane for Tesla hitting manufacturing goals.

However, at one point while waiting for the Y to be repaired for the 15th thing wrong with it, I was loaned another Model Y standard while the P was in the shop, and this was an earlier 2020 build. When I took it to get fully charged, it showed a single mile below rated range at 100% SOC!

My FS AWD CT rating is currently showing 320 miles @ 100 SOC, so that tells me this battery pack was prrrobably built to not become apart of yet another CT bad review, and because of how well put together it is, I see this truck as more hand-built than mass-manufactured. Time will tell.

 

[The Tumbler]

a crew cab Ford F150 is 227.7 inches long. Cybertruck is 224 inches

with drive by wire and 4 wheel steer it also drives MUCH much smaller than a standard truck. Not as nimble as my Y but not far…

 

[CyberCorey]

I highly doubt that Tesla is going to create all kinds of extra SKUs by charging for folding mirrors, heated/vented seats, sound systems and such. A case could be made for some of that with the RWD version, but I doubt we see that version for about a year. They will milk the AWD sales traffic first.

I can see the off road tires/wheels being a $4k option though. Unfortunately, I want that option because I think the other ones are kinda fugly and don't look as good. I don't need them, but I want them. With the potential savings from non-FS, you could buy some mighty fine rims/wheels, however. Same goes for the extra accessories.

My main concerns are: 1) a government change that ends the rebate, and 2) the price of FSD going up once FSD is solved. It is even possible that you won't be able to buy FSD outright at all once FSD is solved, with Tesla changing to a subscription-only model. As a stockholder, I actually support that move; as a pending buyer, not a fan.

The price of "FSD Supervised" was dropped to $8k or $100 month in order to get more people to use FSD because Tesla needed more FSD miles driven for AI training. FSD had gotten better and they needed more training videos and intervention recordings. Raising the price for "Unsupervised FSD" or making it a subscription model once they no longer need the video data is not at all a stretch in my opinion.

As I ordered Full FSD for $7k with my CT reservation, I suspect I am safe on that front and that Tesla will honor the Full FSD price. And as mentioned, you can buy a lot of accessories and wheels for the difference in price. The fate of the government handouts is much more tenuous and not a Tesla commitment, so that is still a risk.

I note that Tesla is quoting 2025 delivery dates for Dual-CTs if you order one today, so at the moment I am planning to risk it and wait. If I had a generic reservation without FSD on it though, I would be pondering a FS buy much more closely since I want the FSD.

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