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
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 .
new york is extending unemployment benefits, even though businesses can't find workers, and they are asking the feds to pay for them.
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!!
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
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.
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
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
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. .
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.
