Featured Tesla uses profits as a weapon

Another great example of why there's way more profit in electric cars in the long run once manufacturers streamline production & lower costs... Fewer and fewer parts will be needed in these cars in the future.

In a few years other EV car makers will be following in Teslas footsteps. Probably not Toyota though because they're betting on fossil fool industry winning.

Tesla's effort to lower cost of production a couple years back has arrived just in time because their stock's collapse and loss of market share thanks to Musk hating on all the "woke" buyers of his products led to a decline in sales. And because they could afford to drop their prices by 20% they've boosted declining sales by 50%.

 

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Just made me think about this:

 

Context is everything I suppose...

"Earned" being the operative word, since the recent price reductions will have wiped out a big chunk of that profit per vehicle.

Have you got any figures for net profit though?

It's also interesting that the graph above includes a bunch of Chinese brands we don't get in the West, considering that in the Chinese domestic market...

Tesla Cuts Prices To Compete For EV Sales And Tax Incentives — Will The Discounts Be Enough To Spur Lagging Sales?

I forget, what was the point of the original article again?

 

According to the graph in the post you quoted, approximately $9,500.

As Texas & Germany plants get closer to capacity, Tesla’s costs will come down.
As supply chains loosen up, Tesla’s costs will come down.

I don’t see this price cut being much of a concern.

 

That's true if you have competition... But if you're a monopoly then there's no pressure to lower prices, which is a huge problem these days due to anti-trust laws not being enforced and acquisitions & mergers being allowed by pretending fake mitigations will resolve the problem. Ever since Citizen's United ruling by SCOTUS bribery is perfectly legal and near unlimited billions in election campaign donations means bribery at the highest levels of government is legal...

 

why is everyone so bummed about teslas price decrease, but thrilled with bolts?

 

Price reductions could be more of a competitive strategy for BYD recent price increase, more than a way to get under the skin of recent buyers here in the west. Just another idea from the cheap seats near where I am.

 

Why would BYD (a Chinese Automaker) be a factor if they aren't a global competitor among major automakers?

 

Cause manufactured Tesla outrage gets clicks. People that recently bought at the higher price would be upset no matter the car make or model, but it's Tesla. So they being upset is considered news.

The Chinese auto market, not just EVs, is the largest one in the world. In 2021, 50% more new cars were bought there than in the US. BYD was number 10 on a list of 100. Tesla is 15. BYD is expanding to markets outside China.
China car sales analysis 2021 - carsalesbase.com

 

lol so you made a thread to pat yourself on the back. Good work.

That's a bit like the punchline to the "How do you tell if someone's vegan?" joke... THEY'LL TELL YOU!

Thanks for the brief amusement though

 

then people who purchased bolts should be unhappy, but i haven't seen the outrage.

i do understand the clicks though, and bolt would never get any, no matter the headline

 

Do you personally know someone that bought a Bolt at the higher price?
I admit to being annoyed about missing out on a discount with the Sonic. That is probably a common occurrence with car buyers. How many are actually happy with the deal or experience from the dealer? Tesla's lack of dealers means the ire generated price shenanigans gets direct at them. That news is more likely to spread beyond local than if it was just a dealer.

Saw a headline about a Tesla buyer feeling bullied into buying before the end of the year in the past few days. How often is that happening at a dealership, with the add ons and extended warranties? Why isn't that news?

 

idk anyone who has purchased a bolt period.except here. the tesla outrage here is not due to people who bought a tesla at a higher price, it's due to tesla haters with an ax to grind.

the few people here who purchased bolts before the price drop have not come back to whine about it

 

Gee I am generally pleased with the selling dealership experience for my last three cars. Price and communications great. Delivery quality not great in two of them (tire air pressure in one, dent in rear trunk in another). It helped that all were at least $3k under MSRP. But that was then ...

 

not too shabby:

Tesla reports record revenue and beats on earnings