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Tesla Is About to Put More Pressure on EV Prices (How slow IS the media)

Raebrek

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snip—————————— this was published today.
Tesla recently unveiled a refreshed Model 3, but that’s not the only news. The brand announced a reduction in price for Models S and X by 15-19% on all trim levels. The company launched shorter-range variants of the vehicles, and owners looking to drive the models can now do so for $10,000 less.

According to Nasdaq, the new Model S Standard Range Model starts at $74,990, a 15% decrease in price from $88,490, while the Model X Standard Range Model starts at $79,990, an 18.8% drop from $98,490. The tri-motor plaid versions of Models S and X also receive price cuts, dropping from $109,880 to $91,390.

Another significant change is the larger battery for both vehicles, with an increased EPA range of 405 miles for the S and 348 miles for the X. Due to the price cuts, the SUV is now eligible for the $7,500 federal EV tax credit.

The Model X isn’t eligible for the tax credit because the Inflation Reduction Act caps the prices of vehicles. The threshold is $80,000 for SUVs and trucks and $55,000 for cars, and since the Model X costs $24,000 more, it fails to qualify. Buyers also don’t have to trade between price and color, as Tesla has made all the colors available at the same price.


https://www.motorbiscuit.com/tesla-put-more-pressure-ev-prices/.
snip——————————

I post this to ask the question. How slow IS the media.
I don’t want to join the site to correct them about the difference between the Models X and S.
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Crissa

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How did they get that wrong? Like, was it written more than a week ago?

Tesla Cybertruck Tesla Is About to Put More Pressure on EV Prices (How slow IS the media) Screenshot 2023-09-19 at 5.25.07 PM


Oop, looking at the article today, it says it was updated today, and it quotes Tesla Daily from Friday and has the prices right.

-Crissa
 

newwave1331

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How did they get that wrong? Like, was it written more than a week ago?

Screenshot 2023-09-19 at 5.25.07 PM.png


Oop, looking at the article today, it says it was updated today, and it quotes Tesla Daily from Friday and has the prices right.

-Crissa
All the youtube videos are from over a month ago. The article is dated with the "Standard Range" variants that were only available for a few weeks.
 
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Raebrek

Raebrek

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How did they get that wrong? Like, was it written more than a week ago?

Screenshot 2023-09-19 at 5.25.07 PM.png


Oop, looking at the article today, it says it was updated today, and it quotes Tesla Daily from Friday and has the prices right.

-Crissa
The Model X isn’t eligible for the tax credit because the Inflation Reduction Act caps the prices of vehicles. The threshold is $80,000 for SUVs and trucks and $55,000 for cars, and since the Model X costs $24,000 more, it fails to qualify.

One thing they have wrong is saying the model X doesn’t qualify. Model S is the one that does not qualify even after the price drop. The Model X is any color you want standard for 79900 and it is Long range too.
 


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Raebrek

Raebrek

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Hah! The fixed the sentence about the prices, but not the one about the X not qualifying.

Hilarious.

-Crissa
Would they like to buy a vowel.
 
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Raebrek

Raebrek

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The Model 3 is a delight to drive in my opinion. Next year the new cars will cost less and then again the year after that. So the price you want will arrive. I located a 2020 Tesla Model X long range plus 7 seater with no accidents for under 58,000. 2 years from now that could be a 2022 or 23.
 
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Raebrek

Raebrek

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I also found a site that is pretty good at looking for used or new Teslas. I don’t Think they are affiliated withTesla, I like them. HTTPS://tesla-info.com. Note that this is not where I found the Model X for sale that I am currently drooling over. Note: you can choose the country you are shopping in also. Sweeet.
 

Mini2nut

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The new Model X price point of $79,990 plus a $7,500 federal tax credit AND free paint colors is now giving the Rivian R1S a run for the money.

I wouldn’t be surprised to see additional S and X price drops before the end of the year. December and January are traditionally slow months for new car sales.

Tesla Cybertruck Tesla Is About to Put More Pressure on EV Prices (How slow IS the media) EE770C41-26D7-4AFA-84C6-CBF82E2BE011
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