Is Tesla's New Model X Worth The $132,000 Price Of Admission?

That article (and the Morgan Stanley analysts) completely ignores the fact that this is the initial, limited edition, fulled loaded package, and that the "normal" cars will only be about $5k above a Model S. Which is right where Tesla said it would be.

So, did you completely select not to read this part of the article:

"Even allowing the Model X ATPs to decline over time through the introduction of lower-spec models leaves what we believe to be a higher-priced vehicle than we expected that may struggle to meet the volume expectations of the market and our forecasts."

Nope, you're right. I missed that part of it. Still, the overall tone is that the Model X is too expensive. And based on a price of $132k, it is. But that's only the very first versions, and with it priced close to the current Model S, which is what Tesla states the regular version will be, then using the Limited Edition price for such a proclamation is not being totally honest. I think it will sell well at the "regular" version price.

They're just financial analysts covering the posterior :)

I'm not nearly enough of a Tesla fan, or an EV fan, or a "look at me, I got falcon doors" kinda guy to be into this.

No thanks, I'll take a Cayman S with a stick, and a Macan S with a PDK, for the same amount of cash to suit my ever-changing moods.

The Morgan Stanley article was written for investors, not auto fans. Note that an analyst must forecast the future stock price based on the firm's plans. He states that Tesla's own unit sales based finances they projected are unlikely to happen based on where the model X came in. They will fall short and the stock should fall. Of curious note is his comment about Tesla's future value is really based on self driving vehicles. With cash rich Google and Apple already running prototypes as competitors, can Tesla keep up in that market?

And that's all we really need to know. Stock analysts are basically gamblers. They try to predict the future based on trends and hope things turn out their way. So the article is written form a totally financial, stock investment perspective.

The Model X is definitely not worth the coin - at a $100,000+ price point. Its a niche vehicle and a dated one at that.

(1) Since the Model X (outside and inside) exactly mirrors the design of the 4 year old Model S, out of the gate, aside from styling gimmicks (falcon doors) the Model X looks 4 yrs old and will age rapidly.

(2) Model X exterior is too plain for a $100,000 vehicle and at $100,000 it is too expensive for all but the small number of "vanity" buyers.

(3) All the styling gimmicks (may I go so far as to say "major design flaws"?) which would include (a) the falcon doors , (b) the gigantic windscreen that bleeds into the roof (how is sun glare dealt with?) and (c) the strange second and third row bucket seats (not kid-friendly, will conspire to keep people away from this vehicle in droves. This vehicle does not look to be a comfortable family car. The third row must be very claustrophobic - with the tall-backed second row seats and the low, sloping rear hatch. Good thing the interior looks like it can be wiped down and hosed off because there will definitely be some puking, car-sick kids back there!

The Model S is now 4 years old, with no mid-cycle refresh in sight. The Model X copies exactly every, 4 year-old aspect of the Model S, so it too will soon seem outdated. Besides, people are going to hate the falcon doors.

Mre30 - Don't look at the X that way - look at it from the point that it will sell absurdly small numbers - probably about 1500 a month at most (And that assumes they will transfer production from the sedan). So it should be looked at as an exclusive vehicle that I would NEVER consider taking off road - losing power there is not as simple as a can of gas with an EV.

THe Tesla problem remains how the regular used car market will take to its cars when the only way to get it fixed is to go the the Tesla dealer (Only they can access the computers or reset them) - so a regular used car dealer has little use for them - he cannot fix them himself. The disadvantage of being a complete monopoly now is that eventually there will be competition that isn't so fixed pricing will not work after that. I suspect that the potential for electronic repairs on older vehicles will really bring down their value - something we cannot see right now.

Hyundai will release a similar electric car and sell it for $55K.
The Tesla cars force American taxpayers to pay $30,000 or more for each Tesla sold as a corrupt subsidy for democrat party insiders payoff.

For any of my friends that could afford a Model X, they would probably get a European car instead - Rapide, Bentayga, even an S-Class instead. The Model X looks like it is worth about 1/3 the price that it sells for.