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Tesla Sales Soaring, Competition Failing

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Old Oct 16, 2018 | 06:59 PM
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I see a ton of the new Model 3s now.
The upcoming small SUV will soon make sales explode.
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Old Oct 16, 2018 | 07:11 PM
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Originally Posted by RNM GS3
I see a ton of the new Model 3s now.
The upcoming small SUV will soon make sales explode.


How are they going to satisfy demand for a hot-selling SUV when it took them almost two years to start filling just the Model-3 deliveries alone? Plus, Musk has the Government coming after him for something every time he sneezes LOL.
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Old Oct 16, 2018 | 10:12 PM
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The Tesla Model S sold so well - that back in December 2016, Toyota Motor Corporation President Akio Toyoda set up an Electric Division for TMC.
Now, the Tesla Model 3 sales should give President Akio a second stab in the back to really make sure Toyota Motor Corporation wakes up with regards to electric vehicles.
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Old Oct 17, 2018 | 04:10 AM
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Originally Posted by peteharvey
The Tesla Model S sold so well - that back in December 2016, Toyota Motor Corporation President Akio Toyoda set up an Electric Division for TMC.
Now, the Tesla Model 3 sales should give President Akio a second stab in the back to really make sure Toyota Motor Corporation wakes up with regards to electric vehicles.
stab in the back? Do we report it to the police?
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Old Oct 17, 2018 | 04:15 AM
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Originally Posted by Lexus2000
Short sighted thinking.
You can have a successful product without losing billions, production problems, subpar quality and blaming birds on the trees for your problems.

And all you got, as a customer, with Tesla not having independent dealers is long service times, long delivery times and very expensive service where they charge you a minimum of $600 to check your car, without replacing any parts.

It is basically like a worst dealer nightmare you can have - it takes very long time to schedule service, it takes very long time for new vehicle deliveries and they charge outrageous $600 per year for not changing oil. All it does is keep more money in Tesla's pockets and we as customers suffer.
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Old Oct 17, 2018 | 04:35 AM
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The last of the $7,500 tax credits will expire after 2018. For the first six months of 2019, the credit will be $3,750 and the last six months it will be $1,750. This will crush sales. The Model X rated by Consumer Reports as the least reliable vehicle on the road at well over $100,000 will dye a fast death. The Jaguar I-Pace and Audi E-Tron are both $25,000 cheaper with a full $7,500 tax credit. Both will be considerably more reliable and way better looking inside and out. Mercedes in 2019, will being coming out with an electric SUV that will even be cheaper than the Model X. The Model 3 interior looks as luxurious as an amusement park bumper car.
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Old Oct 17, 2018 | 05:20 AM
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Originally Posted by Freds430
The last of the $7,500 tax credits will expire after 2018. For the first six months of 2019, the credit will be $3,750 and the last six months it will be $1,750. This will crush sales. The Model X rated by Consumer Reports as the least reliable vehicle on the road at well over $100,000 will dye a fast death. The Jaguar I-Pace and Audi E-Tron are both $25,000 cheaper with a full $7,500 tax credit. Both will be considerably more reliable and way better looking inside and out. Mercedes in 2019, will being coming out with an electric SUV that will even be cheaper than the Model X. The Model 3 interior looks as luxurious as an amusement park bumper car.
"This will crush sales" - I don't agree. Going from $7,500 to $1,750 (or even $0) in tax credit only changes the monthly payment by about $100 on a 5 or 6 year loan which is the standard length of today's car loans. For those paying cash, it's under 10% of the average price of a model 3 and about 6 or 7% of a Model S (not to mention someone potentially spending $100k on a Model S or Model X won't be bothered by $5k.)

And I'm not sure how anyone can say that a Jaguar, Audi, or any other brand who has never made a 100% EV "will be considerably more reliable". What are you basing this on when the brand has no history of knowing what it takes to produce a reliable EV? Not to mention Jaguar has never been the definition of reliability in any category.... I feel like I'm re-living "the next iPhone killer" from 5 years ago when every new non-Apple phone came out would have people claiming the death of Apple. For some reason, some people love to ignore the data and statistics of sales and market share within the segment. Customers are voting with their wallets, and just as they did with the iPhone, they're flocking to Tesla.
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Old Oct 17, 2018 | 06:04 AM
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Originally Posted by Freds430
The last of the $7,500 tax credits will expire after 2018. For the first six months of 2019, the credit will be $3,750 and the last six months it will be $1,750. This will crush sales. The Model X rated by Consumer Reports as the least reliable vehicle on the road at well over $100,000 will dye a fast death. The Jaguar I-Pace and Audi E-Tron are both $25,000 cheaper with a full $7,500 tax credit. Both will be considerably more reliable and way better looking inside and out. Mercedes in 2019, will being coming out with an electric SUV that will even be cheaper than the Model X. The Model 3 interior looks as luxurious as an amusement park bumper car.
LOL - Have you seen the Average price of a TESLA.
Nobody is relying on this $7,500 to move sales.

Its not positioned in the market as a value play a la Infiniti/Acura etc or a cheaper electric alternative.

It sells on technology, performance and design. Consumers will always overpay for the best, newest tech and brand image. All of which Tesla has in spades.

People I know that buy these are wealthier folks who have MB, BMW, Porsche etc.
Also millennials who are making good $$$ and want to make a statement.
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Old Oct 17, 2018 | 06:08 AM
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Originally Posted by mmarshall
How are they going to satisfy demand for a hot-selling SUV when it took them almost two years to start filling just the Model-3 deliveries alone? Plus, Musk has the Government coming after him for something every time he sneezes LOL.
Well they just secured a factory in China.
That should propel them to exponential growth over next 5 years.

People should be supporting Tesla, an American company that is revolutionizing the auto industry from scratch.
Even if the company fails today its already an amazing story and success.
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Old Oct 17, 2018 | 07:00 AM
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Originally Posted by spwolf
You can have a successful product without losing billions, production problems, subpar quality and blaming birds on the trees for your problems.

And all you got, as a customer, with Tesla not having independent dealers is long service times, long delivery times and very expensive service where they charge you a minimum of $600 to check your car, without replacing any parts.

It is basically like a worst dealer nightmare you can have - it takes very long time to schedule service, it takes very long time for new vehicle deliveries and they charge outrageous $600 per year for not changing oil. All it does is keep more money in Tesla's pockets and we as customers suffer.
I agree. Long term, they could never keep up. Dealer model allows for increased competition among buyers and places to go.
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Old Oct 17, 2018 | 07:07 AM
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Originally Posted by RNM GS3

LOL - Have you seen the Average price of a TESLA.
Nobody is relying on this $7,500 to move sales.


The average price Model 3 is $59,000. A $7,500 tax credit is 13% off. I will bet you what happens to their sales when the tax credit is gone. Who in their right mind would buy a Model X for over $100,000 over the Jaguar, Audi or Mercedes for $75,000 with an additional $7,500 off.

Last edited by bitkahuna; Oct 17, 2018 at 12:46 PM.
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Old Oct 17, 2018 | 07:21 AM
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Originally Posted by Freds430
Originally Posted by RNM GS3

LOL - Have you seen the Average price of a TESLA.
Nobody is relying on this $7,500 to move sales.


The average price Model 3 is $59,000. A $7,500 tax credit is 13% off. I will bet you what happens to their sales when the tax credit is gone. Who in their right mind would buy a Model X for over $100,000 over the Jaguar, Audi or Mercedes for $75,000 with an additional $7,500 off.
The $100K model X also gives you about 100 miles more range than the competitors
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Old Oct 17, 2018 | 08:21 AM
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Originally Posted by spwolf
stab in the back? Do we report it to the police?
Do you know what a metaphor is?
Toyota products are great, and I own lots of them, but can you be unbiased for once, rather than constantly sell me a Toyota product?

Originally Posted by Freds430
The last of the $7,500 tax credits will expire after 2018. For the first six months of 2019, the credit will be $3,750 and the last six months it will be $1,750. This will crush sales. The Model X rated by Consumer Reports as the least reliable vehicle on the road at well over $100,000 will dye a fast death. The Jaguar I-Pace and Audi E-Tron are both $25,000 cheaper with a full $7,500 tax credit. Both will be considerably more reliable and way better looking inside and out. Mercedes in 2019, will being coming out with an electric SUV that will even be cheaper than the Model X. The Model 3 interior looks as luxurious as an amusement park bumper car.
That is an interesting point.
This and backlog could be the reason behind ramped up sales - will be interesting to see how long this keeps up as tax credits fall, and competitors move in.
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Old Oct 17, 2018 | 09:59 AM
  #29  
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The sour grapes is hilarious.
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Old Oct 17, 2018 | 10:30 AM
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Originally Posted by bitkahuna
of course a ton of that volume is just filling years of back orders and the musk hype train.
let's see how it's doing in 6 months. but still impressive.
Like you say, I think it will taper off too, but agreed it is an impressive number.

Paying employees OT to hand deliver the cars was also a big reason they hit such a high number
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