Tesla Business and News Thread
Lexus Test Driver
Joined: Feb 2002
Posts: 8,181
Likes: 244
From: New York
Plenty of Tesla Owners are NOT happy and will not buy one again.
Smart play is only to lease EVs until market determines resale value which will take years of data.
Lexus Test Driver
Joined: Feb 2002
Posts: 8,181
Likes: 244
From: New York
The way this is going, Tesla won't need a $25k econobox car
NBC: Tesla cuts U.S. prices on its Model Y, S and X vehicles after a difficult week
https://www.nbcnews.com/business/bus...eek-rcna148693
The Y is now around the price of a Prius Prime XSE if you add in the tax creds, and cheaper than the premium.
NBC: Tesla cuts U.S. prices on its Model Y, S and X vehicles after a difficult week
https://www.nbcnews.com/business/bus...eek-rcna148693
The Y is now around the price of a Prius Prime XSE if you add in the tax creds, and cheaper than the premium.
Its always great when products sell themselves but when they are stale you need sales folk that can close deals.
Lowering prices is much worse than offering discounts as it has worse effect on depreciation. If I bought a BMW that has msrp of $65k for $60k, on paper its still was $65k car when i go to resell it. Not so with Teslas.
Also Tesla should focus on leasing to drive volume.
They desperately need service people and sales people. Not everyone wants to talk to an app…
Lexus Fanatic
Joined: May 2012
Posts: 68,466
Likes: 3,990
From: Maryland
You would not be saying that if you bought a new Tesla 2yrs ago and now its worth so much less bec of discounts on msrp.
Plenty of Tesla Owners are NOT happy and will not buy one again.
Smart play is only to lease EVs until market determines resale value which will take years of data.
Plenty of Tesla Owners are NOT happy and will not buy one again.
Smart play is only to lease EVs until market determines resale value which will take years of data.
Tesla has some of if not the highest customer retention in the business. I don’t think this will be an issue for them.
EV ftw!!!
Joined: Nov 2002
Posts: 9,005
Likes: 588
From: Lake Ontario
You would not be saying that if you bought a new Tesla 2yrs ago and now its worth so much less bec of discounts on msrp.
Plenty of Tesla Owners are NOT happy and will not buy one again.
Smart play is only to lease EVs until market determines resale value which will take years of data.
Plenty of Tesla Owners are NOT happy and will not buy one again.
Smart play is only to lease EVs until market determines resale value which will take years of data.
These groups don't make up the vast majority of Tesla owners or potential owners.
This is not going to hurt Tesla whatsoever.
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EV ftw!!!
Joined: Nov 2002
Posts: 9,005
Likes: 588
From: Lake Ontario
They are basically 'commission chasers" skilled in the art of making you feel like you're getting a great deal while quietly counting the dollars stacking up in their commission check.
Thread Starter
Lexus Champion
Joined: Oct 2019
Posts: 19,647
Likes: 3,748
From: California
The way I see it, anyone who willingly pays dealership mark-ups are chumps, to put it lightly. Doesn't mean you are a bad person, just means you may need to rethink your financial priorities. Like the chumps that paid $10k mark-ups on the Ioniq 5 N, every dealership around me sold their allocations. A real head shaker. Tesla sold over 1.8 million EV'S last year without one dealership, and I'm confident they will continue this trend
Advanced
Joined: Feb 2024
Posts: 558
Likes: 130
From: NJ/FL
I think we all know quite a few owners will be pissed. Some are fans to the core, but many people no matter what vehicle they own, don't like it when the resale or trade in value of their asset drops significantly and quickly. Resale and trade in value is almost always a top topic when discussing used cars.
Lexus Test Driver
Joined: Feb 2002
Posts: 8,181
Likes: 244
From: New York
It’s also important if you have a trade in vehicle. Whether its cars, RE or selling clothes - good sales ppl will always help. Even Ferrari has sales people and dealer network.
Lexus Test Driver
Joined: Feb 2002
Posts: 8,181
Likes: 244
From: New York
Keep lowering those prices!
Brand equity is one of the most important things to build but can be destroyed very quickly. Toyota/Lexus have amazing brand equity so does Ferrari, Porsche etc. It took Hyundai and Kia a long time and huge amount investment to rebuild their brand name.
Tesla had very strong brand name but has done so many negative things lately to hurt the company whether its Elon Musk, cutting prices, build quality, controversial FSD capabilities etc. Many ppl now don’t have as high opinion of the brand as they did just a few years ago and that is not good for a company looking to grow aggressively.
Last edited by RNM GS3; Apr 21, 2024 at 11:55 AM.
Lexus Champion
Joined: Apr 2019
Posts: 11,196
Likes: 1,582
From: FL
People are also impulsive so a dealer network answers this by having local inventory in stock and easing the customer thru a large purchase item.
Just like real estate sales, having someone to guide a customer thru the process brings sales. IMO