Tesla Model 3
Pole Position
Joined: Mar 2014
Posts: 3,354
Likes: 555
From: fl
Walk into any luxury dealership though and try and buy a totally base model anything, they’re very hard to find and often have to be special ordered.
I dont see how somebody can put a deposit down on a new Tesla model with no time horizon and feel like they got bait and switched. It’s a startup, it’s almost like finding something on Kickstarter...
Theyre building them in a tent for gods sake lol
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
But that's what is different about Tesla - and in particular the Model 3 with the ~ 2 year wait- you customize what you want online so it actually is a special order. I adamantly support Tesla but if I was someone who wanted a $35k Model 3, went through the process of placing a deposit and configuring what I wanted, only to find out they're not going to offer those "yet", I'm not sure how you can't feel like it's a bait & switch. You put the deposit down under the premise that car would be available, then it's not even being manufactured that way and your only choice is to spend more. It's actually the definition of bait & switch. The true base Model 3 will ultimately become available, but that doesn't help people who wanted a $35k Tesla right now.
"The premise that the car would be available", it wasn't like that at all. People put down deposits with no idea when they might take delivery of a Model 3, no promises made by Tesla whatsoever. How can be it be a bait and switch? He put a deposit down on a "$35k Model 3 which will be built and sold to him eventually"...and that promise has not been abandoned..."eventually" isn't "right now".
And, I'm positive in the language Tesla has the right to cancel the order altogether and refund his money...and he can cancel his order and get his money back at any time. You might have an argument if they did that, that they didnt deliver on the promise they made, but they haven't failed to deliver on it yet.
This is the price you pay for wanting to buy something that is in the process of being conceptualized and created. EVENTUALLY you will get sold a $35k Model 3. Might that be in several years? Might be.
Pole Position
Joined: Mar 2014
Posts: 3,354
Likes: 555
From: fl
Well I wanted the $1.6B Lotto jackpot right now too lol, the world doesn't work that way. Tesla was totally upfront that there was no guarantee as to when the car would be built, and the reality is if you want a $35k Model 3, that car hasn't been built yet. So...you're still waiting.
"The premise that the car would be available", it wasn't like that at all. People put down deposits with no idea when they might take delivery of a Model 3, no promises made by Tesla whatsoever. How can be it be a bait and switch? He put a deposit down on a "$35k Model 3 which will be built and sold to him eventually"...and that promise has not been abandoned..."eventually" isn't "right now".
And, I'm positive in the language Tesla has the right to cancel the order altogether and refund his money...and he can cancel his order and get his money back at any time. You might have an argument if they did that, that they didnt deliver on the promise they made, but they haven't failed to deliver on it yet.
This is the price you pay for wanting to buy something that is in the process of being conceptualized and created. EVENTUALLY you will get sold a $35k Model 3. Might that be in several years? Might be.
"The premise that the car would be available", it wasn't like that at all. People put down deposits with no idea when they might take delivery of a Model 3, no promises made by Tesla whatsoever. How can be it be a bait and switch? He put a deposit down on a "$35k Model 3 which will be built and sold to him eventually"...and that promise has not been abandoned..."eventually" isn't "right now".
And, I'm positive in the language Tesla has the right to cancel the order altogether and refund his money...and he can cancel his order and get his money back at any time. You might have an argument if they did that, that they didnt deliver on the promise they made, but they haven't failed to deliver on it yet.
This is the price you pay for wanting to buy something that is in the process of being conceptualized and created. EVENTUALLY you will get sold a $35k Model 3. Might that be in several years? Might be.
Lexus Test Driver
Joined: Jan 2018
Posts: 1,419
Likes: 11
From: California
Mercedes Benz of San Francisco (I don't need to explain to why this is a huge dealership). Majority of their C300 cars are base or "limited" options only. None of them are loaded or stacked with options.
This is because majority of the consumers buy base or low-end models. This is because all the good lease deals are at the bottom end.
Thread Starter
Joined: Oct 2008
Posts: 42,476
Likes: 321
From: California
Tesla increases 'midrange' Model 3 price — days after car was announced
Goes from $45,000 to $46,000
Tesla has increased the price for its new midrange rear-wheel-drive Model 3 sedan launched just last week by $1,000 to $46,000, according to the company's website.
The electric carmaker surprised markets by announcing the new version, which promises a 260-mile range, on Oct. 18 in a move that came as U.S. tax breaks for Tesla cars are about to decrease.
Tesla is scheduled to report quarterly results after market close on Wednesday.
Tesla delivered 55,840 Model 3s in the third quarter, worth more than $3 billion in revenue at an average of $59,000 per car. That's a rise from $1 billion in the second quarter.
More sales of the higher-priced versions of the Model 3, which carry fatter margins, will help profitability. The all-wheel drive and performance versions help get Tesla closer to its goal of third-quarter Model 3 margins of 15 percent, with 20 percent margins expected for the fourth.
But the phase-out of the federal tax credit for Teslas stands to hurt business, just as other automakers are bringing EVs to market with their tax credits intact. So Tesla introduced the mid-priced model last week in an attempt to stimulate sales before the credit drops from $7,500 to $3,750 on Jan. 1.
Elon Musk and Tesla could face questions about whether they will ever introduce the long-promised $35,000 version of the Model 3, which Bernstein analyst Toni Sacconaghi said was a double-edged sword: If Tesla doesn't, some customers will be angry, and if it does, margins likely will be further pressured.
The electric carmaker surprised markets by announcing the new version, which promises a 260-mile range, on Oct. 18 in a move that came as U.S. tax breaks for Tesla cars are about to decrease.
Tesla is scheduled to report quarterly results after market close on Wednesday.
Tesla delivered 55,840 Model 3s in the third quarter, worth more than $3 billion in revenue at an average of $59,000 per car. That's a rise from $1 billion in the second quarter.
More sales of the higher-priced versions of the Model 3, which carry fatter margins, will help profitability. The all-wheel drive and performance versions help get Tesla closer to its goal of third-quarter Model 3 margins of 15 percent, with 20 percent margins expected for the fourth.
But the phase-out of the federal tax credit for Teslas stands to hurt business, just as other automakers are bringing EVs to market with their tax credits intact. So Tesla introduced the mid-priced model last week in an attempt to stimulate sales before the credit drops from $7,500 to $3,750 on Jan. 1.
Elon Musk and Tesla could face questions about whether they will ever introduce the long-promised $35,000 version of the Model 3, which Bernstein analyst Toni Sacconaghi said was a double-edged sword: If Tesla doesn't, some customers will be angry, and if it does, margins likely will be further pressured.
Racer
Joined: Nov 2010
Posts: 1,363
Likes: 48
From: NY
Walk into any luxury dealership though and try and buy a totally base model anything, they’re very hard to find and often have to be special ordered.
I dont see how somebody can put a deposit down on a new Tesla model with no time horizon and feel like they got bait and switched. It’s a startup, it’s almost like finding something on Kickstarter...
Theyre building them in a tent for gods sake lol
I'm just disappointed that the promised $35K model is still not available. It is understandable Tesla promoting the higher price model to make some profit. However, this never ending delays on the $35K model is just disappointing especially knowing the $7,500 tax credit will likely cut in half to $3,750 if it ever become available. Having to wait 2+ years only to find out more delay & extra cost is not something to be happy about.
Lexus Test Driver
Joined: Jan 2018
Posts: 1,419
Likes: 11
From: California
I don't think I'm a unusual buyer as some of my cars are fully loaded. I have sat in the $55K model 3 in their show room and don't find the extra feature appearing. It definitely not as luxury as my SC430. Furthermore, I think its my right to choose the option that best fit my need.
I'm just disappointed that the promised $35K model is still not available. It is understandable Tesla promoting the higher price model to make some profit. However, this never ending delays on the $35K model is just disappointing especially knowing the $7,500 tax credit will likely cut in half to $3,750 if it ever become available. Having to wait 2+ years only to find out more delay & extra cost is not something to be happy about.
I'm just disappointed that the promised $35K model is still not available. It is understandable Tesla promoting the higher price model to make some profit. However, this never ending delays on the $35K model is just disappointing especially knowing the $7,500 tax credit will likely cut in half to $3,750 if it ever become available. Having to wait 2+ years only to find out more delay & extra cost is not something to be happy about.
Tesla advertised and sold the Model 3 as a 35K car. But at the end - they are refusing to make it and keeping the people that want the 35K car in a long wait. This is a huge turn off and a big issue.
Obviously the Model 3 is not as luxurious as your SC. The Model 3, not to be rude, is not even premium. The KIA Rio steering wheel is more luxurious than the Model 3 steering wheel.
Racer
Joined: Nov 2010
Posts: 1,363
Likes: 48
From: NY
Here is my Model 3 reservation confirmation email from April 1, 2016. Again, I said I'm disappointed. I didn't call it a bait & switch. I cancelled my reservation as I don't see the need to spend $45k for a daily. Also, the excitement is no longer there for me.
"Your reservation is confirmed
Model 3 production is scheduled to begin in late 2017. North American deliveries will be first, followed by Europe, Asia and Pacific countries then countries with right-hand drive configurations. Those who own Model S or Model X cars will be offered priority production slots as a special thanks for supporting the Tesla mission."
"Like every Tesla, Model 3 is engineered to combine range, performance, utility and designed to be the safest car in its class. It accelerates from 0 to 60 mph in less than six seconds, and can travel 215 miles on a single charge. Starting at $35,000, Model 3 comes standard with Autopilot hardware and Supercharging capability. "
"Your reservation is confirmed
Model 3 production is scheduled to begin in late 2017. North American deliveries will be first, followed by Europe, Asia and Pacific countries then countries with right-hand drive configurations. Those who own Model S or Model X cars will be offered priority production slots as a special thanks for supporting the Tesla mission."
"Like every Tesla, Model 3 is engineered to combine range, performance, utility and designed to be the safest car in its class. It accelerates from 0 to 60 mph in less than six seconds, and can travel 215 miles on a single charge. Starting at $35,000, Model 3 comes standard with Autopilot hardware and Supercharging capability. "
Last edited by grabber2; Oct 24, 2018 at 02:17 PM.
... to people who wouldn't have bought the car at any price. 
i believe you've made this point several times. we get it, you don't like teslas.
Obviously the Model 3 is not as luxurious as your SC. The Model 3, not to be rude, is not even premium. The KIA Rio steering wheel is more luxurious than the Model 3 steering wheel.
Lexus Fanatic
Joined: May 2012
Posts: 68,631
Likes: 4,045
From: Maryland
This is not true. If you look at MB and BMW dealers, many of their 3 Series and C-Class cars are stripper models. They are base models.
Mercedes Benz of San Francisco (I don't need to explain to why this is a huge dealership). Majority of their C300 cars are base or "limited" options only. None of them are loaded or stacked with options.
This is because majority of the consumers buy base or low-end models. This is because all the good lease deals are at the bottom end.
Mercedes Benz of San Francisco (I don't need to explain to why this is a huge dealership). Majority of their C300 cars are base or "limited" options only. None of them are loaded or stacked with options.
This is because majority of the consumers buy base or low-end models. This is because all the good lease deals are at the bottom end.
Exactly.
Lexus Test Driver
Joined: Jan 2018
Posts: 1,419
Likes: 11
From: California
I believe I made the steering wheel comparison twice. One time with a picture and this time. Just because I knock on the steering wheel doesn't mean I don't like Teslas. Not sure why any time someone says a negative thing about Tesla it automatically defaults to being a Tesla hater. Did I get any credit for saying the positive things about Tesla? No. Lets be objective about this.
If you want Tesla to improve, you have to judge. And believe me, I want Tesla to improve. I want them to do better. The problem is majority of people can't address these faults without being called a hater is the problem.
Lexus Fanatic
Joined: Oct 2003
Posts: 94,422
Likes: 249
From: Virginia/D.C. suburbs
Here's an interesting video on what a team of non-partisan engineers actually found when they disassembled a Model 3 and examined it.
Because of Bloomberg posting-restrictions, you may (?) have to click on a secondary You-Tube link to actually view it.
Because of Bloomberg posting-restrictions, you may (?) have to click on a secondary You-Tube link to actually view it.
Last edited by mmarshall; Oct 27, 2018 at 06:42 PM.
Pole Position
Joined: Mar 2014
Posts: 3,354
Likes: 555
From: fl
Here's an interesting video on what a team of non-partisan engineers actually found when they disassembled a Model 3 and examined it.
Because of Bloomberg posting-restrictions, you may (?) have to click on a secondary You-Tube link to actually view it.
https://www.youtube.com/watch?v=Lj1a8rdX6DU
Because of Bloomberg posting-restrictions, you may (?) have to click on a secondary You-Tube link to actually view it.
https://www.youtube.com/watch?v=Lj1a8rdX6DU
