1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Tesla increasing their prices

Discussion in 'Tesla' started by bwilson4web, Oct 7, 2021.

  1. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,134
    15,394
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    Source:


    ➤ After relative stability throughout Q3, Tesla has continued raising prices
    ➤ Discussing Tesla’s margins and material costs
    ➤ GM holds Investor Day to map out plan and targets for 2030
    ➤ ARK Invest moves out of NYC
    ➤ Tesla shareholder meeting on October 7

    Tesla has a nice problem that demand is higher than their current production. Sure, raw material prices have gone up but Tesla price increases improves their product margins without effecting demand in a bad way.

    The GM Investor Day Map reminded me of a presentation by General Electric Space Division ... it too was disconnected from reality. GM presented plans of what Tesla is doing.

    Bob Wilson
     
    #1 bwilson4web, Oct 7, 2021
    Last edited: Oct 7, 2021
  2. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,755
    48,969
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    we're becoming a society of have's and have not's, due to the virus
     
  3. Trollbait

    Trollbait It's a D&D thing

    Joined:
    Feb 7, 2006
    21,737
    11,325
    0
    Location:
    eastern Pennsylvania
    Vehicle:
    Other Non-Hybrid
    Always were.
     
    hill likes this.
  4. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    19,674
    8,069
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2018 Chevy Volt
    Model:
    Premium
    workers not working due to virus means not enough workers .... means not enough stuff gets made .... means ... low supply .... means demand not met ... means prices up up up ... coupled with printing trillions ..... worthless dollar doesn't buy much.
    biz 101
    .
     
  5. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    107,755
    48,969
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    new york is extending unemployment benefits, even though businesses can't find workers, and they are asking the feds to pay for them.
     
  6. 2010moneypit?

    2010moneypit? Active Member

    Joined:
    Oct 26, 2021
    314
    122
    0
    Location:
    Beaumont ca
    Vehicle:
    2010 Prius
    Model:
    V
    Looks like I will be purchasing another Prius in the future. Not going to be purchasing a Tesla way too expensive. I test drove one over a weekend is a great car I am not arguing with that just too much money for a car. I thought one of Tesla’s mission statements was cars for the masses to help reduce climate change. What a joke!!
     
  7. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,134
    15,394
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    You might use a free Tesla account to find out how much trade-in value you can get. My 2017 Prius Prime reduced the out-of-pocket cost of our 2019 Tesla Model 3 to $24k.

    GOOD LUCK!

    Bob Wilson
     
    2010moneypit? likes this.
  8. 2010moneypit?

    2010moneypit? Active Member

    Joined:
    Oct 26, 2021
    314
    122
    0
    Location:
    Beaumont ca
    Vehicle:
    2010 Prius
    Model:
    V
    No thanks. I already asked them the trade in value on a 2019 Highlander XLE. I don’t Remember what Tesla offered Carvana it was higher. This was six months ago I believe the model that we were looking at has gone up more the 10,000. At this point I don’t care how good the car is the price is to high. I do understand that everything has gone up. I will wait a few years to purchase and it will not be a Tesla. Another problem Tesla does not like consumers working on their product. I prefer to do my own work. I don’t want to have to pay Tesla $195 per hour.
     
  9. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,134
    15,394
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    The trade-in allowed me to avoid significant sales taxes when I registered the Tesla in Alabama. Your mileage may vary.

    So I hit a curb and replaced both passenger side, wheel bearings. Their technical documents were reasonable and gave me exactly what I needed.

    Bob Wilson
     
    2010moneypit? likes this.
  10. 2010moneypit?

    2010moneypit? Active Member

    Joined:
    Oct 26, 2021
    314
    122
    0
    Location:
    Beaumont ca
    Vehicle:
    2010 Prius
    Model:
    V
    What about wiring diagrams and specifications?
     
  11. Zythryn

    Zythryn Senior Member

    Joined:
    Apr 28, 2008
    6,171
    4,163
    1
    Location:
    Minnesota
    Vehicle:
    Other Electric Vehicle
    Model:
    N/A
    Their mission statement is “to accelerate the adoption of electric cars”.
    I would say they have done quite a bit towards that end.

    Until demand for their cars lessens, I see no reason for them to lower prices. With the profits they can build more factories to produce more cars. Once their suppliers can provide more nickel, lithium, or whatever the bottleneck is, they can work on lower priced EVs.

    I wanted a smaller EV, so rather complain that Tesla isn’t making the kind of car I want, I am buying from someone that does:)
     
  12. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,134
    15,394
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    It was a mechanical repair so I didn’t look.

    Bob Wilson
     
  13. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    19,674
    8,069
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2018 Chevy Volt
    Model:
    Premium
    The 'joke' is how the USA dollar purchasing power has been raped via flooding the market / over printing.
    So you now pay $60K for a fully optioned out the door RAV4 Prime, or a dual cab pickup, or a Tesla. Choose yer poison.
    .
     
    2010moneypit? and John321 like this.
  14. John321

    John321 Senior Member

    Joined:
    Nov 16, 2018
    1,122
    1,165
    0
    Location:
    Kentucky
    Vehicle:
    2008 Prius
    Model:
    Two
    I agree with you about what some manufacturers are doing with the cost of their vehicles escalating.

    Three outliers come to mind, they are three base level cars that approach 60 mpg when driven conservatively, have 5 star crash ratings and come with many modern safety features- Toyota Prius, KIA NIRO, Hyundai IONIQ. All three vehicles list at under $25,000.

    These manufacturers have cracked the code for best value for your dollar and all three are working on entry level electric vehicles for the mass market. These three well known manufacturers may well be able to change the playing field and the rules of the game.

    Nissan Leaf is not the ideal BEV but it is doing its part to offer alternatives- here is a new Leaf advertised for $19000 after its Federal rebate
    Build & Price a Nissan LEAF | Nissan USA

    Not the ideal vehicle but offering alternatives to the current players prices.
     
    #14 John321, Apr 8, 2022
    Last edited: Apr 8, 2022
    2010moneypit? likes this.
  15. Zythryn

    Zythryn Senior Member

    Joined:
    Apr 28, 2008
    6,171
    4,163
    1
    Location:
    Minnesota
    Vehicle:
    Other Electric Vehicle
    Model:
    N/A
    Alternatives are great. I am looking forward to see more alternatives on the market.
     
    2010moneypit? likes this.