Prices on 2024 Inventory Were Just Dropped

[Outdoors]

So many here are early Tesla adopters in every model line. Myself included. I am not sure why so many blame demand. I knew this would happen. Has happened on every Tesla owned. If I wanted it differently I would have done it differently. Price goes down. The world turns. Will it be a Halo thing? Maybe. One has to understand Tesla. This is how it goes.

Sponsored

 

[YDR37]

CT was over priced, over schedule and under ranged

CT was also over-produced, at least in 2024. The Foundation Series was replaced by the non-FS in October 2024 -- and yet six months later, Tesla is still trying to move 2024 Foundation CTs out of inventory, with incentives like discounts and free supercharging.

The (overly sensational) Elektrek story claims that Tesla is now reducing CT production. Even if that's true, then it just means that Tesla is doing the right thing, given the circumstances. They may have over-produced CTs in 2024, but they don't have to repeat the same mistake in 2025.

 

[VAF84]

I'm not seeing these $10k discounts. Before running into this thread I'd been checking inventory for fun. The least expensive trucks are demo units for $76,xxx. Negligible difference from buying a new CT w/ tax credit. Luckily I get the business tax credit. If I see them sell for $69k plus commercial credit, I'd probably sell the Sierra EV to pull equity out.

To me the dual motor is more a direct competitor to the Lightning Lariat due to amenities and range similarities. Ford's selling them for $72k right now plus tax credit, so $65k. Tesla, time to get serious and pull the price lever; not the little lever, the big one!

 

[YDR37]

I'm not seeing these $10k discounts. Before running into this thread I'd been checking inventory for fun. The least expensive trucks are demo units for $76,xxx. Negligible difference from buying a new CT w/ tax credit.

Huh. Your public profile indicates that you are in central Texas. At this time, it looks like there may not be any discounted $71,990 Cybertrucks in Texas. Maybe Tesla cleared its inventory in Texas already.

Here's one in Oklahoma City. Lots in California.

 

[VAF84]

Huh. At this time, it looks like there may not be any discounted $71,990 Cybertrucks in Texas. Maybe Tesla cleared its inventory in Texas already.

Here's one in Oklahoma City. Lots in California.

Interesting, not available in my zip code. I wonder if they're incorporating state EV incentives? Odd that they couldn't charge a delivery fee to ship it from wherever it is.

Edit: This sucks. I just verified that inventory varies by state. I plugged in San Fran zip code and lots of $72k options pre-tax credit. Meanwhile, zero in Texas. The zip code input states "zip code where it will be registered". There must be some reason for this.

 

[VAF84]

Ok, I Grok'd it and I guess the answer makes sense. Legacy dealerships are independently owned. So each dealer has an incentive to sell everything to whoever. Tesla sales are centralized so they can control regional pricing. It's obvious to me that a CT would have much lower demand in San Francisco versus Texas due to the current state of politics. So Tesla reduces the price there to help with lower demand. I'm assuming sales didn't change much in my area, so there's no incentive to drop the price. Interesting sales dynamics. Hadn't considered this aspect of Tesla's sales model.

 

[YDR37]

Tesla sales are centralized so they can control regional pricing. It's obvious to me that a CT would have much lower demand in San Francisco versus Texas due to the current state of politics. So Tesla reduces the price there to help with lower demand. I'm assuming sales didn't change much in my area, so there's no incentive to drop the price. Interesting sales dynamics. Hadn't considered this aspect of Tesla's sales model.

It's also easier to shift inventory around under Tesla's system, as opposed to the traditional dealership system. If 2024 Teslas are sitting on a lot at a Tesla store in San Francisco, and are more likely to sell at a Tesla store in Austin, then in theory Tesla could just put them on a transporter and move them. Any unsold vehicles in inventory are all owned by Tesla Inc., regardless of what store they happen to be physically located at.

In practice, of course, it does cost money to transport vehicles. So in this situation, it could be more cost-effective to simply discount the inventory at the SF store.

 

[TexasRaider]

Is there much difference between 2024 and 2025 model years?

 

[JerseyMike]

Is there much difference between 2024 and 2025 model years?

Late 2024 and 2025 unlikely any major difference but future resale likely a bit lower on 2024

I went with a late model 2024 (November build) and it is great, was looking for max savings and had to lease to get 7500 anyway as I’m not eligible so the 2024 made sense

 

[AU742]

Lease interest was around ~3% shortly after the lease incentive ended. That was a good deal for people trying to take advantage of the $7500 that didn't qualify or wanted a CB like myself. Allowed me to keep a low payment and save my cash to make more money.

I haven't done the math but they barely changed the residual value when prices dropped so it has to be somewhere around 8-9% now.

I have reached out to a representative and got a generic, unknowledgeable response regarding clarification for the powershare bundle that is stated as "included" with FS CB and how that works with the free supercharging.

I was also told that the FS CB still comes with a light bar but asked where that is in writing. The light bar does play into my decision to get FS or not. There is still hope that they will eventually sell on the shop for all CT owners.

 

[YDR37]

Is there much difference between 2024 and 2025 model years?

Technically, no. But financially, a 2025 base model AWD can be eligible for the $7,500 federal tax credit. 2024s don't qualify for the tax credit, so they may be less attractive than the 2025s unless discounted.

 

[Bridgeboy69]

Those items are really the only things that would make it worth it for me. I have reached out to ask about that. Listing shows that powershare bundle is included

Keep in mind that the powershare has a limitation on how much it can power. Like it won't power a typical whole house. You most likely would need to only power a circuit or two for just a room or two, like the kitchen (fridge) and something else. It really isn't that great. I never installed mine. Overhyped if you ask me...
??‍

 

[AU742]

Keep in mind that the powershare has a limitation on how much it can power. Like it won't power a typical whole house. You most likely would need to only power a a circuit or two for just a room or two, like the kitchen (fridge) and something else. It really isn't that great. I never installed mine. Overhyped if you ask me...
??‍

Good point. Installation cost would be a lot. My house also already has a generator hookup and lockout so I can just by a ~$100 cable and power the house manually.

 

[Bridgeboy69]

Good point. Installation cost would be a lot.

This is why Tesla makes you go through Q-Merit. They need to perform calculations of everything being powered on certain circuits of your home and propose a plan to you on what you want to power. When I found all this out I was like, nah, not worth it...

 

[JerseyMike]

Keep in mind that the powershare has a limitation on how much it can power. Like it won't power a typical whole house. You most likely would need to only power a circuit or two for just a room or two, like the kitchen (fridge) and something else. It really isn't that great. I never installed mine. Overhyped if you ask me...
??‍

I thought PowerShare was 11kw? If so will power much more than a few circuits

I power my whole 5000 sq foot home with the bed plug and that is only 7.4kw I think

while I don’t run ac with it on it runs everything else no problem (in fact my kids and wife didn’t even notice it when I was testing it out)

Sponsored