Tesla Price Drop Angers Current Owners

This is not a price DROP. Tesla JACKED up prices on ALL models last year and people forgot about it and now TESLA just went back to the original prices. I been following them since 2016 and they have done this in 2018 with the MODEL S / X P100DL. Exact same shit happened with the first tax credit around 2017 with the release of the MODEL 3. I been scraping their inventory and you can plot the price changes and their used inventory prices are UPSIDE DOWN. Nothing new tesla normal behavior its just that a LOT of news outlets forget this that do not FOLLOW the price volatility. I am now thinking to do a youtube channel to lay it out. -2cents

The way luxury car brands usually do this is by slowly lowering the price, $1K-$2K a month, or offer incentives.<p>Tesla couldn&#x27;t do that here because they need to quickly come in under the cutoff for the new laws.<p>But if they didn&#x27;t want to take a huge PR hit, they could have sent checks to all the recent buyers. Say $13K to someone who bought in the last month, $10K if you bought 1-2 months, and so on.<p>Then the new prices would fit the new laws and the recent buyers would actually be happy and do marketing for you instead of being angry and do anti-marketing, which will be more powerful since they just bought it. Going and telling their friends &quot;I just bought a Tesla and you should not&quot; will be way more costly to them than the checks.

Angers <i>some</i> current owners. You can always find people to complain about anything. It&#x27;s just that bashing Tesla sells newspapers today, and that&#x27;s where the news industry is going.<p>I bought a Model 3 seven months ago. At the time it was a good car, at a fair price. Even with perfect hindsight, it was a good decision.

Hard to feel bad for someone complaining they paid too much for a $77K luxury car.

Tesla can offer the recent buyers some credit toward their next purchases of Tesla products on a sliding scale, with more credits for more recent purchases. The credits can be time limited, like within 2 or 3 years.<p>This addresses the complaints and ropes in their next purchases.

Doug DeMuro has a pretty good video of some other issues at play for drops in Telsa used car values. <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=GT-9_As6qq4">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=GT-9_As6qq4</a>

I lost the previous $7500 EV tax credit thanks to the IRA kicking in before my ordered (and overseas manufactured) EV arrived. If my household is successful enough financially the next few years I won&#x27;t qualify for the new credit due to income limitations, but only by a few ten thousands in gross income over the limit.<p>Sure, it kind of sucks to miss out on thier, but I&#x27;m still glad that the IRA passed and that the benefits are targeted at people making half what my household makes. It&#x27;s time for mass EV adoption, not just EV adoption for the upper middle class and above.

I am really happy about cheap model Y Europe in Germany. Even with that crippled range and acceleration. I ordered Kia EV6 10 months ago and have no idea when it arrives. No communication from Kia at all. List price increased by 3200€ since I signed contract. Makes me sad and willing to cancel my order. I hate being treated like shit for years by a car company. After cancellation I will seriously consider purchasing model Y. It’s big enough for small family and should cover my driving needs for a week on a single charge.

I bought one four months ago. I wouldn&#x27;t have pulled the trigger if I didn&#x27;t think I was getting my money&#x27;s worth.<p>Would be nice to have 10k extra, but such is life.

JS-free archive link:<p><a href="https:&#x2F;&#x2F;archive.today&#x2F;eEBxn" rel="nofollow">https:&#x2F;&#x2F;archive.today&#x2F;eEBxn</a><p>Note: This article is from 2 days ago (Friday, January 13th).

Smart money says to wait a few more months before buying a Tesla — the price is likely to drop again. Especially likely if everyone waits a few months more…

&gt; “I have solar scheduled to be installed soon. Really having a hard time giving Tesla any more of my money and can’t even look at the car this morning,” Checketts said in an email. He said he instead drove a Prius today.<p>It never ceases to amaze me how wealthy people can be so incredibly immature. &quot;I didn&#x27;t get a discount on my expensive car, so I cannot look at it &#x2F; drive it. I will drive another vehicle.&quot;

This article is kinda dumb. Looks like they managed to track down a handful of people who were bothered by the price cuts. Wouldn&#x27;t it be more surprising if they couldn&#x27;t find anyone that was bothered by them? If they had cited some kind of survey where a significant portion of respondents had expressed frustration, then I think we&#x27;d have a story. The title suggests that many more owners are upset than just a few.<p>And no I don&#x27;t own a Tesla nor do I plan to.

Around here they had to do something; cars like the MG4 are just silly value compared to Tesla at the old prices.

It could have gone the other way:<p>With EV sales doubling every year, battery production might hit a price surge like chips have.

Companies in commodity electronics and stuff try to fight this with a 30 d price protection guarantee and stuff. Ultimately, though, it&#x27;s unlikely to move sales that much for Tesla.<p>Anyway, I&#x27;ll do the required stuff on this thread and mention Osborne Computers.

This is an interesting price drop.<p>One of the key value proposition of Tesla is unique among car companies in terms of the premium it can charge. This has kept $TLSA so high. This is why it has been so highly valued in comparison to say Toyota. If for some reason they need to start discounting their cars in order to move them, it means that they may be losing this premium, which could permanently affect their long-term stock price.<p>The question is why would that premium now be dissipating? Why is Tesla just becoming another car company? Because of competition finally catching up? Because of the macro-economic factors? Because of Elon Musk&#x27;s reputation hit because of the twitter mess? How much can we attribute to each factor?