I looked at Polestar 2 pricing for the 2023 models, and they have not budged on pricing. Before the $7500 credit (which Polestar doesn't qualify for), the P2 Dual Motor is almost similarly priced to the Model 3, with a base Dual motor with no add-on's running at $53,300 for the P2 and $53,990 for the Model 3P. Polestar must be confident that the P2 will still continue to sell, although I have seen a few members in the Polestar forum mention that they cancelled their orders after the Tesla price cut.

We will have to see what their Q1 sales looks like for Polestar to know if the Tesla price cut has affected sales

 

I don't disagree with that at all. I'm strictly talking about people who have already made the move. Moving from ICE to EV is not an easy decision, it wasn't for me, I thought about it long and hard before I took the plunge, and I'll admit, the tax credit made the decision a little easier

 

Here comes VinFast deals...


https://jalopnik.com/vinfast-slashes...ource=facebook

 

Oh man, stay as far away from VinFast as you can. According to a lot of reports, their cars are not up to par, drive strange, and reviewers who visit VinFast's facility are showered in so much show and luxury that it becomes a distraction. More show than tell. Also the founder is not putting anymore investment in the company.

A friend of mine ordered their SUV, after showing him some reports, he cancelled his order. Their pricing for their top of the line SUV is just way too low to be believable

 

I think they have a weird sales model where you buy the car but lease the batteries.... I wouldn't touch it either, but they're definitely feeling the pressure as well...

 

No price cuts from Polestar

Polestar Refuses to Play Tesla's Price-Slashing Game

Three more Polestar EVs are coming over the next three years to help fill out the lineup

Tesla’s been playing some weird price-cutting (and then price-raising) games recently, which has led some automakers such as Ford to in turn cut its prices. But not every electric automaker plans to play Tesla’s game. Like Volkswagen, Polestar says it plans to keep its prices where they are and instead focus on carving out its own niche in the EV industry.Automotive News reports that on an earnings call yesterday, Polestar CEO Thomas Ingenlath told analysts that he’s more interested in capturing the more profitable high-end luxury EV segment. According to Ingenlath, while Tesla “is very much concentrating to go mass market in the future to compete with the likes of Volkswagen and Toyota, Polestar’s ambition is to go fully into this premium, luxury sports car segment. We are not aiming to produce 10 million cars per year.”

To succeed in that segment, Polestar plans to introduce four new EVs over the next four years. Late this year, the Polestar 3 electric crossover will go on sale, followed by the coupe-like crossover the Polestar 4 in 2024. The next year, the Swedish automaker plans to add a larger sedan called the Polestar 5. Polestar also says it plans to introduce a convertible to the lineup in 2026.

“We will move our product portfolio upmarket and explore that end,” Ingenlath said on the call, explaining Polestar’s goal to be more of a Porsche rival than a Tesla rival. “We are keen on developing desirable cars that offer great tech and design, and they have their price.”

The other reason he doesn’t want to get into a price war with Tesla is that he wants to protect Polestar’s resale value, which should in turn keep current owners happy. Ingenlath told analysts he wants to make sure customers enjoy a “stable, reliable value with this car, that is [the] premium strategy that we are determined to follow.” How that will work out for Polestar remains to be seen, but at least for now, it sounds like a smart strategy.

https://jalopnik.com/polestar-refuse...ame-1850184432

 

Kinda knew this was going to happen given the huge inventory of base model x (~400). Tesla is def pushing volume hard, and not worried about margins.



and don't worry about me because 1) I still haven't accepted delivery, so can refuse and 2) am still discount 12k (vs 17k before) lol

 

Those are some pretty significant discounts.

 

HW4 Model X's are starting to ship. They need to move HW3s before it's too late

 

This is probably a big part of the reason. Imagine people cancelling their orders (or holding off) which is 100 percent what would happen if they knew that HW V4 was shipping out. Tesla is not going to announce until they are ready to go out to the customers. I can care less about HW4, I'm totally tempted to get a Model X after the price reduction, but it would have to replace our Sienna, which it would in most cases except the 8 seats the Sienna has

 

I agree 100% regarding HW4, now go ahead and grab an X Plaid on the cheap while you can. You said you keep cars for a long time so now is the time!

 

 

Man, just one click of the button and this could be mine...........

 

Tbh I do feel as though this isn't the lowest we'll see their prices go. I think there's room for them to come down further on the X.

 

If they actually come down to nearer $80K, I'm going to definitely have a conversation with the wife. It would also mean, bye bye Sienna