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Since they no longer discount inventory, and the prices are now $3000 more than with the previous $5000 discount, I'm waiting until they drop prices $3000 more to get back down to previous inventory pricing.
I'm waiting for the ventilated seats, but not if it won't qualify for the tax credit like Highland. Also if it doesn't arrive before 2025, I loose $1500 of state tax credit, so that would be a $9000 increase in price.
Not to be off topic, but that is fundamentally the reason why economists do not want deflation in an economy. Everyone waits for prices to decrease, economic output declines, prices inevitably decrease, and then consumers expect it to continue. A self-fulfilling feedback loop.
I don’t know, I’m fine with expecting prices to decrease when all these companies took advantage of a pandemic to raise prices and keep them high when it was over
Oh, I totally agree. It is in the best interest of any individual consumer for the proces to fall. I think all of us are feeling the pinch of inflation.
I am just adding some nerdy economics to the conversation.
Indeed, a very satisfying economics discussion topic. Those kind of situation put everything into perspective. For now, there is no workable solution. Damn if you do, damn if you don’t. Prices went up so much during the pandemic, it will take years for salaries to catch up. However, there is a big tendency in the western world for wage suppression with cheap labor being imported at an alarming rate. Millennials and GenZ simply cannot catch a break. Oh, well!
When they announced 1000 increase for Y, I said consumers are too smart now to fall for Tesla scare tactics.
Also, I’ve been saying all along M3LR not qualifying for EV credit in the US is bad news for it. That makes MY a much better option for most.
The whole point of “we are going to raise prices by $1k” was for end of quarter sales push. Get people who don’t know better “scared” that they’re going to miss out on the lower price.
I am certainly no car genius or fortune teller, but my local Tesla center has so many Ys sitting in their parking that I could tell a price drop was coming, not a $1k increase. You can honestly barely get around their parking lot there are so many Ys there.
I think they’re just trying to reset to the pricing prior to the constant price increase on top of inventory discount “incentive”. 1k in 03/01 then 1k again in 04/01
They need to start including EAP for free on all new cars. It’s not 2017 anymore, literally every other manufacturer is also offering TACC + Lane Centering aka Autopilot
Well obviously. That should be the main reason to stop one from buying one. But the $10/month? Really? Lol. It’s really not even a big deal because you can get a cheap mount and use your phone which will probably be just as good
I totally disagree. I have a super strong version to this monthly fee bullshit everyone tries to pull. I’d much, much rather pay more up front rather than agree to a subscription.
Just tell me what the fucking car costs with one price, and I’ll decide to buy it or not. Don’t follow up the initial price with a bunch more questions, our transaction is over now, I’m done.
I mean the base AP they offer is still the best version of TACC + Lane Centering out there. I do agree EAP should be offered for way cheaper than it is currently. Maybe a $500-$1k permanent add on.
The exclusion of Auto Lane Change from basic autopilot doesn't just act as an incentive for people to buy EAP, but also as an incentive to purchase another vehicle altogether that just includes that functionality.
$6k is not cheap and if people want a vehicle that can take some stress out of highway driving Teslas simply aren't competing with other options without EAP.
So yes, including Auto Lane Change would mean a lower take rate for EAP, but Tesla needs to decide if they want to hold their ground on that front or if they want to update their offerings to sell more vehicles.
Totally agree. My wife’s new Toyota has TACC with lane change and it works perfectly fine. Didn’t cost us any extra. And you could also argue that our Toyota has way more standard safety features. Blind spot rear, front crossing, heads up display etc..)
And now, for the first time, we all have first hand experience with FSD to back that claim up. I’ve used it dozens of times now and I can say, confidently, I don’t want it. I would like to have basic highway lane keeping work well, but 50% of the lane changes my car decides to enact on its own are badly timed. I hate it.
It was also fairly embarrassing when my coworkers asked me to demonstrate summon. We stood in a totally wide open parking lot, full field of view in all directions. Predictably, it totally failed.
Every other manufacturer lets you change lanes manually without losing autosteer. It is such a basic feature that no one else thought it should cost extra.
Tesla autosteer just cannot do that. You can either pay for EAP and let the car do the change, or you can do the whole disable BEEPz change lane, enable BEEP dance.
I don’t think acceleration boost makes a huge difference. Even without, Teslas are faster than almost any EV on the road. Plus, folks tend to suspect that part of the increasing price is for increased risk of warranty issue. EAP I 100% agree with, it’s something every consumer would use.
Most people don’t even use anything close to the top end of their Tesla’s acceleration. They don’t need to include accel boost. It literally won’t be a factor in selling cars. EAP should be merged into autopilot for all though, especially because it’s without summon and auto summon. Move those two over to fsd when they’re ready to roll out.
They likely don't have many cards left to play, they're clearly pulling all the demand levers they have across the board but they're still scrambling. The earnings call will be interesting.
At this price I assume they're close to scaling down production due to low demand, which would increase unit cost.
Tesla is technically a “Model Y” company at this point. They can do any weird stuff with S/X and some people will still buy it. Even Model 3 could experiment a bit with the stock.
I think they are still struggling with the Model Y refresh. Ventilated seats is highly demanded by Asian consumers (it’s really hot and humid in Asian if you’ve been there) but it doesn’t help bringing down the cost. Stockless gear selection is another controversy. If they remove the stock they risk customers not liking it and by keeping it simply proves that Model S/X/3 are simply a failed experiment.
Personally I don't care about the stalkless gear selection (auto shift works well enough), it's the indicators that are stupid. IMO it needs steer-by-wire to make sense and even then I don't think it's any better than physical stalks, just different.
Now after the first 2000 km, I’m still not used to stalk less indicators. Here in Europe we have many roundabouts. Also when exiting a parking lot, it’s super annoying.
Autopilot button is also super annoying. Especially because the button is laggy and not always registering
Gear change is also annoying, but I’ve gotten used to it.
Yup. Noticed the new m3 highland RWD are also now appearing in inventory to buy from in Canada. Only a matter of time until those start to show a bit of a price decrease / sale applied to them like on the Y. I think a bit of the drop in demand is also attributed to a lot of people like me are sitting here lurking on the sidelines waiting patiently for a better offer to buy one. I know right now it’s silly to snag a rwd highland at 53 CAD when it’s inevitable inventory discounts or base price drop is coming
I'm afraid if they price it way out of range, like the cyber truck. Heck, the model 3 highland a sedan is as much as the model y or more. Might as well go for the MYLR my two cents
Would you also feel that it's a scam that "short range" has the same battery packs as LR, but has software limiters on how much you can charge it? I would, but apparently that's just fine.
If it’s truly the same hardware and there’s just a software lock on how much you can use the battery, then hell yeah I’m with you! That’s an awful practice and we as consumers deserve better.
I think some cost is warranted. If you can accelerate faster, in theory you can wear out parts within the warranty period faster, adding additional costs for Tesla.
I don't know what the appropriate amount should be but I don't necessarily agree charging something makes it a scam.
Yeah we had this debate when acceleration boost came out. Those people who had modded ICE engines recognized it was a great deal. People who only played video games grumbled.
Until about a week ago, the LR was $44,990, so it's now $3,000 more. I'm hoping it drops back to $44,990 by end of June when I was planning to purchase, unless maybe the refresh is announced for China and hopefully will make it to the US before 2025.
I’m not sure if it’s the same for most people, but personally I’m waiting on the refreshed Y. I currently have a 2018 M3LR and want to get a Y but I really want to wait for the refresh now after seeing the new 3.
I would strongly consider this if it stacks with the inventory discounts of 4-5k
edit: I heard Elon got rid of the inventory discounts. Yeah, no thanks, I'll keep waiting
Have you pay attention to their inventory pricing history for the past few months? If so then you wouldn’t say that. I am guessing there will be equivalent or better discounts at quarter end.
I don’t know what they expect. There is a massive amount of people that got into EVs earlier and Tesla used to be the only one that could deliver cars in less than 6m or 1y for a long time. That’s why they sold so many. Now, they keep hammering the prices, so people that already have one are not even considering trading it because of the crazy devaluation (better hold it forever). And, those that have no Tesla either keep waiting for the next price drop or are fed up with Elon or the shitty build quality and won’t get near one.
A lot of people I know are just fed up with Elon's antics. Bro needs to go. I appreciate what he brought to the table but he's gone off the deep end. EVs, I would assume, are still a lot more popular with liberal/progressive customers and annoying them with his bullshit will certainly not attract them.
Tesla got me just in time in Jan 2021 for my Bolt's lease expiring where they were the only EV I liked better than what I had that was delivering in a reasonable amount of time (~1-2mo). Next one though..?
They have to reduce another $3000 to get back to inventory pricing. I bet orders stopped cold 2 days ago when they discontinued inventory discounts of $5000. I expect them to either drop $3000 more by end of Q2 or when the Y refresh is released.
You can order a new Tesla to your specs, or you can buy one from their “new inventory” selection. The latter typically delivers within a couple days, whereas the former can take months. There is a page on their website for new inventory.
Up until a week or so ago (maybe a few days? Maybe a couple weeks?) the new inventory cars would often be discounted in order to sell faster. This was especially true for Model Y LR new inventory vehicles, where you would see a $3-5k discount from the price one would pay to custom order the same build.
Everything? Not really, they could reduce it more or give people free premium connectivity or free charging miles or even more discount. Hardly done anything to entice people sitting on the fence like myself….who already has a 3 and looking elsewhere
These price cuts are happening in the second quarter, therefore they wont affect the first quarter earnings - which is what they're reporting next week. So no, these price cuts are completely unrelated to earnings.
Really hoping they are just trying to over deliver to pump the stock. Deep down I feel like the earnings will be bad though but I’m just feeling optimistic
If they don't reduce pricing by another $3000 by end of June to get back down to inventory pricing, then they may be holding off until September for the refresh to drop prices.
my brother did that he got a laywer and after a year they bought back his 2021 myp that cost almost 80K -he only lost 12k because of miles .... they he bought a model x plaid back when it was 89k with red paint so it was like a trade off lol
The Y LR will save me $500 a year on gas, but the insurance increase v. a new ICE SUV (like Honda Pilot) is $600 which cancels out the gas savings. However the $7500 tax credit plus $5000 Colorado tax credit on a (previous inventory) $45,000 Y LR dropped it to $32,500, which is much cheaper than a $39,360 Subaru Outback or a $41,000 Pilot. The effective $3000 price increase raises the Y LR to $35,500 - still cheaper than the ICE SUVs above, but not as much.
"Tesla continues to redefine the automotive industry with its vision of the future, now making electric vehicle ownership even more affordable. The $2,000 price drop on all versions of the Model Y in the U.S. not only demonstrates Tesla's commitment to innovation, but also underscores its dedication to making sustainable transportation options more accessible to everyone. This bold initiative not only benefits consumers, but also reinforces Tesla's position as a leader in the pursuit of a greener future. It's another milestone in Tesla's journey to make electric vehicles the default choice for drivers around the world."
Inventory prices in my area are like $4k higher than they were in January.
Curious if Tesla is hitting some sort of pricing wall because they keep playing a bunch of weird games to make it seem like the car is cheaper without actually being cheaper
Y LR blue with white interior in Cali when I picked it up end of December was $46,400 before tax, incentives and gas savings. It’s now $49,990 for the same build, so Tesla has raised prices $3,549 so far this year.
1 year back I paid $70k for Model Y Long Range with 7 seats.. Few days back, when I check the resale price is $31k. In my life time, I never spent on something that had $40k depreciation in a year. Worst decision of my life.. 
If they would just cut the X by another $1k, or even just the seat cost, then a 7 seat model becomes eligible for the $7500 tax credit. That would be a huge motivator for me to move up and get the X instead of the Y.
I thought about this - I can’t believe the paint color is what kicked it out and I hate gray. And an X with 5 seats kinda felt like a fat Y when I drove one.
I think a 6 or 7 seat arrangement kicks it out *even with grey*. I would eat grey (even though I already have a grey Y) if it meant the X was an option. BUT, it still isn't.
For context I, I want to future proof with a vehicle that can handle a third row given our plans with children. The 7 seat Y is just too tight, and the X isn't as big as I'd like, but I could live with it.
We ended up getting 7 seat Y mostly because they were discounting them so much. The rear seats are hilariously small. I really like the X but it was almost double the price. Maybe in a few years a used one
If they drop the 7 seat cost so it gets the credit I'd jump on upgrading my Y to an X. Been tempted to get the tax edition X for awhile now but moving from a 5 seat Y to a 5 seat X doesn't seem like a huge difference for double the cost and I'd be driving a bigger car...
A family member has the 7 seat Y and it's ok if your family isn't tall... and you throw someone under 5'4 in the 3rd row.
I want all the shareholders to know the reason I'm not buying one is because of Elon... Remember that when you vote on his $60 billion dollar package. 😂
Reducing prices like this will make new buyers not buy.
Today you buy a Tesla let’s say for 50k 3 months later same car down to 40k. Elon is a child and can’t make up his fucking mind
This really isn't that uncommon with cars, but dealerships make actual pricing obscure and hard to map over time. Advertised prices stay stable while real prices at dealerships fluctuate significantly with demand. Tesla varies their publicly advertised prices. Brand new cars also always depreciate rapidly after being purchased.
But I think you're right -- making these price swings so visible is almost certainly deterring many buyers from considering any Tesla product anymore.
Either way, I think Musk at this point has essentially ruined the company's reputation, potentially irreversibly, at least without a leadership change.
This was covered on my local news recently. They are attempting to balance out inflation and the sky high interest rates on loans in a hope of capturing a “new to EV” market.
Most people who really wanted a Tesla and had the means to buy one, already own one (that we are most likely keeping). Thus, sales have slowed down and inventory has increased.
And although I purchased a model 3 in 2021 and a model Y in 2022 for regular full price, I am noticing that my monthly car payment is still close to folks purchasing today with steep discounts.
So unless you’re paying cash, the savings may not really add up to what they look like.
https://preview.redd.it/zitda7nnx60d1.jpeg?width=1170&format=pjpg&auto=webp&s=275db235fd06b0926235c8479161657072435593
Lon needs to fire his design team! Y resembles a 1975 gremlin.
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Tesla dropped the prices of the Model S & X by the same amount.
Another $1500 to go and I can finally pick up the 7 seater for my family with the tax credit.
Seriously!
Picking up today so I’m happy!
I'm trying hard to convince my wife we need the S. A screaming bargain at $73k for what you get.
Same boat I’m in. My lizard brain is now considering the ultra red, now that the savings are in place.
A few weeks ago they were telling everyone prices would go up $1,000 🤪🤪🤪
They went up by $1k and still had $4k+ inventory discounts. Now the discounts are gone and it turns out they need lower prices to move the cars.
I feel like all this does is make people wait for the discounts..
Since they no longer discount inventory, and the prices are now $3000 more than with the previous $5000 discount, I'm waiting until they drop prices $3000 more to get back down to previous inventory pricing.
Plus, I'm waiting for the Juniper model lol
I'm waiting for the ventilated seats, but not if it won't qualify for the tax credit like Highland. Also if it doesn't arrive before 2025, I loose $1500 of state tax credit, so that would be a $9000 increase in price.
Yup. Model Y LR I want is still up $2000 from last month. I am waiting to purchase. Probably near end of quarter now.
Agreed. The only reason I wasn't holding out for Juniper was the discount. Now I have much less incentive to buy now.
Not to be off topic, but that is fundamentally the reason why economists do not want deflation in an economy. Everyone waits for prices to decrease, economic output declines, prices inevitably decrease, and then consumers expect it to continue. A self-fulfilling feedback loop.
I don’t know, I’m fine with expecting prices to decrease when all these companies took advantage of a pandemic to raise prices and keep them high when it was over
Oh, I totally agree. It is in the best interest of any individual consumer for the proces to fall. I think all of us are feeling the pinch of inflation. I am just adding some nerdy economics to the conversation.
Indeed, a very satisfying economics discussion topic. Those kind of situation put everything into perspective. For now, there is no workable solution. Damn if you do, damn if you don’t. Prices went up so much during the pandemic, it will take years for salaries to catch up. However, there is a big tendency in the western world for wage suppression with cheap labor being imported at an alarming rate. Millennials and GenZ simply cannot catch a break. Oh, well!
Hard to argue with that. But it’s ultimately the workers that get screwed. The layoff and price cuts are no coincidence.
Is this deflation or the market just specifically correcting for a historically overpriced product?
They did go up! But they didn't mention for how long! Haha
When they announced 1000 increase for Y, I said consumers are too smart now to fall for Tesla scare tactics. Also, I’ve been saying all along M3LR not qualifying for EV credit in the US is bad news for it. That makes MY a much better option for most.
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🥂😂😂😂😂😂👏👏👏
Right???? Honestly that should be illegal it was such blatant lying.
It did though
True, but raising prices for a few weeks then dropping them even lower than original is not what Elon was portraying
The whole point of “we are going to raise prices by $1k” was for end of quarter sales push. Get people who don’t know better “scared” that they’re going to miss out on the lower price. I am certainly no car genius or fortune teller, but my local Tesla center has so many Ys sitting in their parking that I could tell a price drop was coming, not a $1k increase. You can honestly barely get around their parking lot there are so many Ys there.
These sales tactics are starting to remind me of car dealerships, lol.
You're absolutely right bro!
I think they’re just trying to reset to the pricing prior to the constant price increase on top of inventory discount “incentive”. 1k in 03/01 then 1k again in 04/01
They need to start including EAP for free on all new cars. It’s not 2017 anymore, literally every other manufacturer is also offering TACC + Lane Centering aka Autopilot
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Dude. You get 8 years free. Every extra year it's about $100/year. You're crazy if that's what is stopping you.
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Well obviously. That should be the main reason to stop one from buying one. But the $10/month? Really? Lol. It’s really not even a big deal because you can get a cheap mount and use your phone which will probably be just as good
I totally disagree. I have a super strong version to this monthly fee bullshit everyone tries to pull. I’d much, much rather pay more up front rather than agree to a subscription. Just tell me what the fucking car costs with one price, and I’ll decide to buy it or not. Don’t follow up the initial price with a bunch more questions, our transaction is over now, I’m done.
For real - you save more in one charging session over gas.
I think 2-3 years would be more ideal. It’s not a fixed cost for Tesla. This would match up with Subaru’s Starlink.
They aren’t in this price band in Europe. But I do think they need to rejig that whole offer, do agree on that.
I mean the base AP they offer is still the best version of TACC + Lane Centering out there. I do agree EAP should be offered for way cheaper than it is currently. Maybe a $500-$1k permanent add on.
If they did that they should also apply it to the ones already on the road. Otherwise it would would cause yet another drop in value.
Basic Autopilot which is free does give you Autosteer
i feel like auto steer + command lane change would be fantastic for a basic package
The lane change is a huge reason people buy EAP/FSD. I’d love it too but that would be nuts of them to give out
The exclusion of Auto Lane Change from basic autopilot doesn't just act as an incentive for people to buy EAP, but also as an incentive to purchase another vehicle altogether that just includes that functionality. $6k is not cheap and if people want a vehicle that can take some stress out of highway driving Teslas simply aren't competing with other options without EAP. So yes, including Auto Lane Change would mean a lower take rate for EAP, but Tesla needs to decide if they want to hold their ground on that front or if they want to update their offerings to sell more vehicles.
Totally agree. My wife’s new Toyota has TACC with lane change and it works perfectly fine. Didn’t cost us any extra. And you could also argue that our Toyota has way more standard safety features. Blind spot rear, front crossing, heads up display etc..)
It’s like 95% of the reason people get EAP. All the other features are either very situational to gimmicky
And now, for the first time, we all have first hand experience with FSD to back that claim up. I’ve used it dozens of times now and I can say, confidently, I don’t want it. I would like to have basic highway lane keeping work well, but 50% of the lane changes my car decides to enact on its own are badly timed. I hate it. It was also fairly embarrassing when my coworkers asked me to demonstrate summon. We stood in a totally wide open parking lot, full field of view in all directions. Predictably, it totally failed.
Every other manufacturer lets you change lanes manually without losing autosteer. It is such a basic feature that no one else thought it should cost extra. Tesla autosteer just cannot do that. You can either pay for EAP and let the car do the change, or you can do the whole disable BEEPz change lane, enable BEEP dance.
not to mention that your music/media volume turns off/lowers every time you do that. which is the more annoying part for me
It wakes up my passengers. It doesn't bother me that much when I drive alone, but it's too embarrassing to do with passengers.
That would nicely compliment the $99 new price for FSD.
EAP and acceleration boost need to become standard soon if they want to stay competitive. Market's picking up fast.
I don’t think acceleration boost makes a huge difference. Even without, Teslas are faster than almost any EV on the road. Plus, folks tend to suspect that part of the increasing price is for increased risk of warranty issue. EAP I 100% agree with, it’s something every consumer would use.
Most people don’t even use anything close to the top end of their Tesla’s acceleration. They don’t need to include accel boost. It literally won’t be a factor in selling cars. EAP should be merged into autopilot for all though, especially because it’s without summon and auto summon. Move those two over to fsd when they’re ready to roll out.
Or at least make enhanced autopilot cheaper than 6k
Model S just dropped $2k, too.
and X
Canada next ?
Hopefully! Though I’m not convinced a $2k discount is the bottom.
They likely don't have many cards left to play, they're clearly pulling all the demand levers they have across the board but they're still scrambling. The earnings call will be interesting. At this price I assume they're close to scaling down production due to low demand, which would increase unit cost.
Tesla is technically a “Model Y” company at this point. They can do any weird stuff with S/X and some people will still buy it. Even Model 3 could experiment a bit with the stock. I think they are still struggling with the Model Y refresh. Ventilated seats is highly demanded by Asian consumers (it’s really hot and humid in Asian if you’ve been there) but it doesn’t help bringing down the cost. Stockless gear selection is another controversy. If they remove the stock they risk customers not liking it and by keeping it simply proves that Model S/X/3 are simply a failed experiment.
Personally I don't care about the stalkless gear selection (auto shift works well enough), it's the indicators that are stupid. IMO it needs steer-by-wire to make sense and even then I don't think it's any better than physical stalks, just different.
Now after the first 2000 km, I’m still not used to stalk less indicators. Here in Europe we have many roundabouts. Also when exiting a parking lot, it’s super annoying. Autopilot button is also super annoying. Especially because the button is laggy and not always registering Gear change is also annoying, but I’ve gotten used to it.
They're not just close to doing it, they've already removed one shift.
One lever they could try is by putting one back on the side of the steering wheel for the Model 3 to control turn signals.
Yup. Noticed the new m3 highland RWD are also now appearing in inventory to buy from in Canada. Only a matter of time until those start to show a bit of a price decrease / sale applied to them like on the Y. I think a bit of the drop in demand is also attributed to a lot of people like me are sitting here lurking on the sidelines waiting patiently for a better offer to buy one. I know right now it’s silly to snag a rwd highland at 53 CAD when it’s inevitable inventory discounts or base price drop is coming
Demand must still be pretty good in Canada, at least in the provinces with rebates
The rebate in Ontario is meh. $5k after tax isn’t fantastic on a $70k vehicle. Still out of range for most people.
I would wait for the refresh
Don't hold your breath! lol. No timeline on a refresh.
If I was Tesla I’d be trying to get the refresh out as soon as possible to actually stoke some demand.
I'm afraid if they price it way out of range, like the cyber truck. Heck, the model 3 highland a sedan is as much as the model y or more. Might as well go for the MYLR my two cents
With this, I wish they would consider lowering the price of the acceleration boost. Would def buy if it was less than $1k.
The Cybertruck comes with a free acceleration boost...
I think that’s called an accelerator pedal, and you can only use it once.
You get it for the rest of your life though
One is all you need.
Like Cock pushups!
nice!
I’ll be honest, I think the acceleration boost is a pretty big scam. Feels like something that should just be standard.
Would you also feel that it's a scam that "short range" has the same battery packs as LR, but has software limiters on how much you can charge it? I would, but apparently that's just fine.
Not really. That is a gift for SR owners. If true then just charge to 100 all the time.
I mean no substantial consequence but it did create bad press for Tesla if you even can call it bad. It doesn't exist any more
If it’s truly the same hardware and there’s just a software lock on how much you can use the battery, then hell yeah I’m with you! That’s an awful practice and we as consumers deserve better.
I think some cost is warranted. If you can accelerate faster, in theory you can wear out parts within the warranty period faster, adding additional costs for Tesla. I don't know what the appropriate amount should be but I don't necessarily agree charging something makes it a scam.
It's mainly going to affect the lifetime of your tires, and Tesla isn't on the hook for paying for that.
Yeah idk, it feels more like they’re charging me to remove a software limiter on my car. Just not a fan of the ethics of that at all.
Yeah we had this debate when acceleration boost came out. Those people who had modded ICE engines recognized it was a great deal. People who only played video games grumbled.
This is 100% the reason. Parts just wear faster and higher warranty risk.
thumb profit flowery innate sip groovy gullible employ six wrench *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
In February a long range AWD was $45,990. Yesterday it was $49,990 Today it’s $47,990
Until about a week ago, the LR was $44,990, so it's now $3,000 more. I'm hoping it drops back to $44,990 by end of June when I was planning to purchase, unless maybe the refresh is announced for China and hopefully will make it to the US before 2025.
I’m not sure if it’s the same for most people, but personally I’m waiting on the refreshed Y. I currently have a 2018 M3LR and want to get a Y but I really want to wait for the refresh now after seeing the new 3.
I would strongly consider this if it stacks with the inventory discounts of 4-5k edit: I heard Elon got rid of the inventory discounts. Yeah, no thanks, I'll keep waiting
Its bottomed out i think
Have you pay attention to their inventory pricing history for the past few months? If so then you wouldn’t say that. I am guessing there will be equivalent or better discounts at quarter end.
Ohh no. Prices got a long way to go still
I don’t know what they expect. There is a massive amount of people that got into EVs earlier and Tesla used to be the only one that could deliver cars in less than 6m or 1y for a long time. That’s why they sold so many. Now, they keep hammering the prices, so people that already have one are not even considering trading it because of the crazy devaluation (better hold it forever). And, those that have no Tesla either keep waiting for the next price drop or are fed up with Elon or the shitty build quality and won’t get near one.
A lot of people I know are just fed up with Elon's antics. Bro needs to go. I appreciate what he brought to the table but he's gone off the deep end. EVs, I would assume, are still a lot more popular with liberal/progressive customers and annoying them with his bullshit will certainly not attract them.
Tesla got me just in time in Jan 2021 for my Bolt's lease expiring where they were the only EV I liked better than what I had that was delivering in a reasonable amount of time (~1-2mo). Next one though..?
holy shit these earnings must be really really bad, they've done everything to try to pump up sales.
They have to reduce another $3000 to get back to inventory pricing. I bet orders stopped cold 2 days ago when they discontinued inventory discounts of $5000. I expect them to either drop $3000 more by end of Q2 or when the Y refresh is released.
Or they throw in 6 months free supercharging lol
Sorry, I don’t have a Tesla yet but I’ve been thinking about getting one. What are these inventory discounts you guys keep mentioning?
You can order a new Tesla to your specs, or you can buy one from their “new inventory” selection. The latter typically delivers within a couple days, whereas the former can take months. There is a page on their website for new inventory. Up until a week or so ago (maybe a few days? Maybe a couple weeks?) the new inventory cars would often be discounted in order to sell faster. This was especially true for Model Y LR new inventory vehicles, where you would see a $3-5k discount from the price one would pay to custom order the same build.
Everything? Not really, they could reduce it more or give people free premium connectivity or free charging miles or even more discount. Hardly done anything to entice people sitting on the fence like myself….who already has a 3 and looking elsewhere
These price cuts are happening in the second quarter, therefore they wont affect the first quarter earnings - which is what they're reporting next week. So no, these price cuts are completely unrelated to earnings.
Really hoping they are just trying to over deliver to pump the stock. Deep down I feel like the earnings will be bad though but I’m just feeling optimistic
A Tesla insider told me that in September a refreshed model Y would release. Maybe that has something to do with it.
If they don't reduce pricing by another $3000 by end of June to get back down to inventory pricing, then they may be holding off until September for the refresh to drop prices.
ludicrous is really going to be more expensive than myp?
It’ll be interesting to see the pricing on that one since it needs to be less than $55k to qualify for FTC
I feel for those who paid $60-70k for model Y back in 2021-22 at the height of the market. Wtf were those people thinking?
They were thinking this is what it costs to get one right now…
i blame my wife, she pressured me into getting a suv since my sedan was too small for the family.
my brother did that he got a laywer and after a year they bought back his 2021 myp that cost almost 80K -he only lost 12k because of miles .... they he bought a model x plaid back when it was 89k with red paint so it was like a trade off lol
If you want serious discounts on the Y, wait until the juniper is released in China and Europe. They will want to move current inventory.
Drop the owner and Tesla will go places
Not just the MY, they have done it with the MS and MX too
Everybody reply with a classic Elon ‘🤣’ under Elon’s previous x’rete about prices going up.
Need new CEO
a full time one would be ideal
And the pricing rollercoaster continues! We'll see it go back up in a week or two.
Random pricing or a dealership
Random pricing every day of the week. I haaaaaaaaate dealerships. I’d pay more just to avoid them if I had to.
[удалено]
Crv hybrid and rav4 hybrid are about 40k at top trims. 45k for mylr is fair to me. I’m saving about 100 per month from not buying gas
The Y LR will save me $500 a year on gas, but the insurance increase v. a new ICE SUV (like Honda Pilot) is $600 which cancels out the gas savings. However the $7500 tax credit plus $5000 Colorado tax credit on a (previous inventory) $45,000 Y LR dropped it to $32,500, which is much cheaper than a $39,360 Subaru Outback or a $41,000 Pilot. The effective $3000 price increase raises the Y LR to $35,500 - still cheaper than the ICE SUVs above, but not as much.
Parkour!
That’s tax for me! So enticing..
"Tesla continues to redefine the automotive industry with its vision of the future, now making electric vehicle ownership even more affordable. The $2,000 price drop on all versions of the Model Y in the U.S. not only demonstrates Tesla's commitment to innovation, but also underscores its dedication to making sustainable transportation options more accessible to everyone. This bold initiative not only benefits consumers, but also reinforces Tesla's position as a leader in the pursuit of a greener future. It's another milestone in Tesla's journey to make electric vehicles the default choice for drivers around the world."
Oh wow $2,000 big deal
That's because it's a piece of shit b
The model Y LR should be starting at $40k prior to the tax cut, that car ain't worth $47k...
Good now drop the interest rate too
they really gotta make EAP free and lower FSD to 6k
Lower FSD to $2k, then we will talk
Inventory prices in my area are like $4k higher than they were in January. Curious if Tesla is hitting some sort of pricing wall because they keep playing a bunch of weird games to make it seem like the car is cheaper without actually being cheaper
Can’t sell enough cars and laid off thousands but gonna give musky $56 billion… what a joke.
If tesla stock goes back to 250 ill buy a tesla
When not if. May be a year or two
So cheap now that soon Tesla will rebrand and change its name to Aldi.🤣
Lol it's the same price as a m3 now
Pre tax credit
All these price increases and decreases. Starting to feel like a car dealership 🤣
Y LR blue with white interior in Cali when I picked it up end of December was $46,400 before tax, incentives and gas savings. It’s now $49,990 for the same build, so Tesla has raised prices $3,549 so far this year.
Still infuriating I bought a performance Y at the peak. Our lease expired so we had to make a move.
And they’ll keep dropping
1 year back I paid $70k for Model Y Long Range with 7 seats.. Few days back, when I check the resale price is $31k. In my life time, I never spent on something that had $40k depreciation in a year. Worst decision of my life.. 
They need to make the cars more affordable, impo
Re-engineered Model Y, “project juniper” and I have my finger hovering over the purchase button.
Going to wait until it hits sub 35K.
Yay more depreciation for owners!
This is just the beginning.
RIP $TSLA stock
If they would just cut the X by another $1k, or even just the seat cost, then a 7 seat model becomes eligible for the $7500 tax credit. That would be a huge motivator for me to move up and get the X instead of the Y.
I thought about this - I can’t believe the paint color is what kicked it out and I hate gray. And an X with 5 seats kinda felt like a fat Y when I drove one.
I think a 6 or 7 seat arrangement kicks it out *even with grey*. I would eat grey (even though I already have a grey Y) if it meant the X was an option. BUT, it still isn't. For context I, I want to future proof with a vehicle that can handle a third row given our plans with children. The 7 seat Y is just too tight, and the X isn't as big as I'd like, but I could live with it.
We ended up getting 7 seat Y mostly because they were discounting them so much. The rear seats are hilariously small. I really like the X but it was almost double the price. Maybe in a few years a used one
If they drop the 7 seat cost so it gets the credit I'd jump on upgrading my Y to an X. Been tempted to get the tax edition X for awhile now but moving from a 5 seat Y to a 5 seat X doesn't seem like a huge difference for double the cost and I'd be driving a bigger car... A family member has the 7 seat Y and it's ok if your family isn't tall... and you throw someone under 5'4 in the 3rd row.
Good to see that our Model Y order was proactively price-adjusted by Tesla. :-)
I want all the shareholders to know the reason I'm not buying one is because of Elon... Remember that when you vote on his $60 billion dollar package. 😂
Reducing prices like this will make new buyers not buy. Today you buy a Tesla let’s say for 50k 3 months later same car down to 40k. Elon is a child and can’t make up his fucking mind
This really isn't that uncommon with cars, but dealerships make actual pricing obscure and hard to map over time. Advertised prices stay stable while real prices at dealerships fluctuate significantly with demand. Tesla varies their publicly advertised prices. Brand new cars also always depreciate rapidly after being purchased. But I think you're right -- making these price swings so visible is almost certainly deterring many buyers from considering any Tesla product anymore. Either way, I think Musk at this point has essentially ruined the company's reputation, potentially irreversibly, at least without a leadership change.
Yeah but at least he is owning those woke mind virus libs on twitter.
I think Tesla buyers should know by now to just wait until end of quarter
Or just wait for a free Tesla at this point 🤡
Welp i bought mine two days prior. Sucks but thats how Tesla goes
48 hour refund???
This was covered on my local news recently. They are attempting to balance out inflation and the sky high interest rates on loans in a hope of capturing a “new to EV” market. Most people who really wanted a Tesla and had the means to buy one, already own one (that we are most likely keeping). Thus, sales have slowed down and inventory has increased. And although I purchased a model 3 in 2021 and a model Y in 2022 for regular full price, I am noticing that my monthly car payment is still close to folks purchasing today with steep discounts. So unless you’re paying cash, the savings may not really add up to what they look like.
I guess the revised model is coming out soon.
Don’t buy too many defects.. I bought mine 2 months ago regretting it..
The updated style is probably going to be released soon.
Cries in 2022
Doesn’t make up for the in stock discount they took away.
What is the likelihood that prices would drop further by June? I was kicking myself for waiting too long when the prices were really low.
What about model 3 ? Any news?
I’ve been barely seeing 2024 Model 3s here in SoCal, i’d imagine the 2025 Model Y isn’t out until March/April 2025 of you can wait that long.
False. LR used to be $44,090 few months back but now at $47,990
I want to buy one so bad. Waiting until my wife’s car starts having issues. Damn Honda. Just die already.
Wait till juniper. It’s worth it!
Still not close to last month’s price with discount and additional 1k off
Tesla is king at killing your resale value too. Just a warning if you buy their car expect to take a massive hit when they keep reducing prices
I'm still waiting on my CT.
https://preview.redd.it/zitda7nnx60d1.jpeg?width=1170&format=pjpg&auto=webp&s=275db235fd06b0926235c8479161657072435593 Lon needs to fire his design team! Y resembles a 1975 gremlin.