Thac t1_ja1twx0 wrote
Reply to comment by Ftpini in Ford’s EVs are getting faster charging and more affordable batteries thanks to new chemistry by Ssider69
No, Tesla was charging more than the market would bare and people stopped buying them. There was a hot minute there where you could buy a Tesla and have it in a week.
TbonerT t1_ja34uxc wrote
Which is it? Did they price themselves out of the market or can they not keep up with demand?
Thac t1_ja35wy1 wrote
They have never been able to keep up with demand, that’s a constant.
TbonerT t1_ja3ghrk wrote
Then clearly the market will bear what they are charging.
Thac t1_ja42plq wrote
The only thing clear is your lack of reading comprehension. The fact that you could get one inside a week and not 6 months to a year indicates they priced themselves out and had to lower their price.
KickBassColonyDrop t1_ja9wxua wrote
Uh, no. Tesla priced down significantly because the IRS started playing musical chairs with qualification for the IRA tax credit across various models. Tesla just summarily slashed prices so just about every model qualified for the credit. In doing so, it forced the rest of the industry to squander all of their margins heavily in order to stay competitive with Tesla's pricing power.
Tesla sells every single car it makes, and since it doesn't use the dealership model, there's no fuzziness between cars made and sold to dealers vs cars sold by dealers to customers. Further, Tesla's demand is considerable despite the significant increases in price.
However, it can be agreed, based on words made by Elon and Zach Kirkhorn that their vehicle prices have been on the higher side for too long and that's been painful to the larger market capture potential.
Thac t1_jaa9bum wrote
Yeah no. I was on the market for an BEV for 6 months. People were canceling their Tesla orders left and right due to Elons twitter bullshit. Due to the high price no new orders were coming in. You could have had a M3 in a week if you wanted during this time period. Tesla has no plans to slash prices until their market share started dropping. If the federal tax credit mattered at all they would have only selectively cut prices, instead of across the board like they have.
KickBassColonyDrop t1_jaabrmc wrote
Elon's "Twitter" bullshit had a microcosmic impact on Tesla's sales.
> Tesla has no plans to slash prices until their market share started dropping.
There is zero logical sense to give up margin in business when you don't need to. Especially when you dominate in the market at scale, and your top "competitor", Ford produced 1/30th the amount of EVs you made for the fiscal year.
> If the federal tax credit mattered at all they would have only selectively cut prices, instead of across the board like they have.
No, they cut prices across the board because they didn't want to play bullshit games with the IRS with random qualifications on how to get access to the tax credit. When NTSB and NHTSA both qualified the 5-seater Model Y as an SUV, but the IRS didn't and then qualified the 7-seater as one, Tesla opted to summarily slash costs at the loss of around 10% margin so that all their models would qualify for the $7500 tax credit. In addition to this, when this was done, their Model Y inventory stock pile overnight disappeared.
The data on this doesn't lie, no matter what creative gymnastics you're trying to posit on the failure of the brand. Further, Elon's "Twitter bullshit" is limited to places like here and Twitter.
The market largely does not give a fuck about Elon or who he is. This is especially true with the latest Superbowl again. When, Tesla had not a single commercial they made for it and all the other players made EV announcements and subsequently Tesla orders and Google search interest spiked.
NoA markets may be significant to some, but they don't qualify nor quantify the entire world market, and people outside of the US, largely dgaf what Elon does on Twitter. Finally, when you're about to drop 40-60k on a luxury brand, if you put a CEO shitposting on Twitter above the material value of the vehicle, it's utility, and long term impact to your day to day activities, you're insane.
Thac t1_jaacg0j wrote
You’re fucking hilariously blind if you seriously don’t see that Tesla’s stock performance is directly related to the shit Elon does.
KickBassColonyDrop t1_jaad9uj wrote
Stock value and a company's execution are two separate things. Trying to claim they're the same thing is peak clown show.
The execution profile of Tesla is rock solid. But, suuuuure, it's all tumbling down according to you.
Thac t1_jaaec34 wrote
Bro your head is so stuck in sand you must live in Egypt.
KickBassColonyDrop t1_jaaemx0 wrote
Bro, your inability to differentiate what a company does vs what its stock does is comedy gold. Don't stop. I can't stop laughing.
TbonerT t1_ja4bfip wrote
Are you really that dense? It’s not like there are tons of Teslas sitting around that no one wants to buy.
Thac t1_ja4kkzl wrote
You’re quite literally like talking to a brick wall. I bet it’s not the first time you’ve been told this either.
TbonerT t1_ja4o9ot wrote
You don’t even know which direction you’re pointed. You contradicted yourself and called me stupid for pointing it out instead of clarifying or admitting you were wrong.
brucecaboose t1_ja363h6 wrote
Huh? There was never any confusion in the post you're replying to.
TbonerT t1_ja3gdaz wrote
You don’t find the ideas that they charged more than the market would bear and they can’t keep up with demand to be mutually exclusive? How does that work?
brucecaboose t1_ja3gujq wrote
Who said they couldn't keep up with demand at that time?
TbonerT t1_ja3hbqr wrote
Have you seen the lead times? A week is a short lead time and hasn’t been seen in years. Last year, I went to a Tesla showroom and they had 0 vehicles on display and a Model Y had a lead time of about 8 months. They clearly can’t keep up with demand, so the must not be charging more than the market will bear.
brucecaboose t1_ja3icu9 wrote
My friend bought 2 and had to wait overnight lol that was before the price drop.
SeaworthinessLeft88 t1_ja3xkkl wrote
I just bought an EV a couple of months ago, and I reached out to Tesla just out of curiosity. They were low on my list for a few reasons, but they were lowering prices and offering deals for the M3. Wait times (if any) are under a month unless you’re trying to buy a model x. Seeing as that’s a $100k car, I can’t imagine it has that many people actually waiting for a model x.
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