Tesla Angers Owners All Over The Globe With Recent Price Cuts

Tesla Angers Owners All Over The Globe With Recent Price Cuts
Tesla’s price cuts have been so significant in some regions that it devaluated some recently purchased vehicles by over 40% and it pushed some owners to literally organize protests.

When launching the base Model 3 and changing its sales strategy to online-only last week, Tesla also made some significant price and option changes to its Model S and Model X lineup.

We reported on those changes, which include a new Model S battery pack and some up to $12,000 massive price drops in the US.

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PUGPROUDPUGPROUD - 3/4/2019 12:16:18 PM
+7 Boost
This is what happens to customers of a company that makes it up as they go along.


skytopskytop - 3/4/2019 12:17:29 PM
+2 Boost
Tesla owners.....EAT YOUR HEART OUT you greedy little Tesla sycophants.


SanJoseDriverSanJoseDriver - 3/4/2019 1:51:46 PM
-6 Boost
Go eat yourself


malba2367malba2367 - 3/4/2019 12:40:41 PM
+1 Boost
This is what happens to early adopters in a new technology....As the prices of batteries drops the prices of the cars will drop as well.


SanJoseDriverSanJoseDriver - 3/4/2019 1:53:11 PM
-3 Boost
So true, it is the early adopter risk. I'm not thrilled, especially with the AP price drop since it was communicated to buy now for the best AP price. They should have given those that bought at minimum a supercharger credit. The only thing provided was the EAP (early access program).


PUGPROUDPUGPROUD - 3/4/2019 2:30:24 PM
+6 Boost
Has nothing to do with early adoption. Musk made a promise, took deposits and had to deliver to save face in the market with potential customers and maintain some credibility (if any) with investors. Plain and simple. Also it will be a long time before battery prices drop...raw materials for current battery technology is in short supply and evolving battery technology will keep prices up for some time.


SanJoseDriverSanJoseDriver - 3/8/2019 9:23:47 PM
+1 Boost
@pug I'd expect to see semi-solid state batteries this year, 15% cost reduction and 20% higher density. Even at the same capacity, the batteries will weigh and cost less, meaning more range. The Model 3 is selling at the same cost as a comparable car without incentives already, in a few years it will be ridiculous to buy a non-EV.


TruthyTruthy - 3/4/2019 2:31:01 PM
+4 Boost
The car prices dropped because demand dropped off. Without sales revenue the cash flow will kill them. You must truly be blind to believe the cost of batteries decreased this much, especially with key raw material prices increasing.


mre30mre30 - 3/4/2019 4:08:01 PM
+6 Boost
Just wait - I'm sure class-action fraud lawsuits are coming Tesla's way in the near future for pricing fraud.

Its pretty easy to prove financial damages if a customer recently bought a Tesla and then the list price for the same vehicle dropped. Sure, there is the government subsidy but I'll bet there is a lineup of lawyers (Alabama and Texas and Illinois and other plaintiff-friendly states) ready to take the filings down to the courthouse.

Musk is doubling down on problems. Perhaps he is panicking - but every rash decision he makes (shutting down human sales-force, cutting prices, among others) has a follow-on effect that will hit Tesla in the wallet.


mplsmpls - 3/4/2019 7:33:12 PM
+3 Boost
"they should be angry that "auto"pilot FAILS to see semi trucks in front of it and kills the Tesla owner.

Another firey Tesla killed an owner this week in Florida"

autopilot cant even dodge cars/trucks parket partially ont the raod.. or even follow soem rod mrkings..


mplsmpls - 3/4/2019 7:34:48 PM
+5 Boost
can Tesla afford tp price cut? I didn't think there were making any money still on cars sold


SanJoseDriverSanJoseDriver - 3/8/2019 9:24:20 PM
+1 Boost
They had a 20% margin on the Model 3 last quarter, and that includes the cheaper midrange model.


supermotosupermoto - 3/4/2019 8:15:51 PM
+2 Boost
Telsa is the new Blackberry. Revolutionary when it came out but soon to be forgotten.


MDarringerMDarringer - 3/4/2019 9:52:13 PM
+2 Boost
#True


ricks0mericks0me - 3/4/2019 8:28:03 PM
+7 Boost
You all have it wrong ... Only Liberals get mad when the price goes down. Did a liberal politician ever want to cut your taxes .... No


MDarringerMDarringer - 3/4/2019 9:51:59 PM
+4 Boost
Amen! Preach it!


TruthyTruthy - 3/5/2019 8:29:27 PM
-5 Boost
ricks0me, did conservatives ever fail to increase the deficit once they get elected? tRump just added $2.0 trillion to the deficit with a tax cut during a business expansion. Bush 2.0, Reagan all but Bush 1.0 greatly increased the deficit.
Aside from that bit of truth, the reason people are upset when the price goes down is it screws the customers that just bought the product. As part of his habit of conning people, Elon pushed people to buy before the price goes up.
In China, an important market for EVs, the have very high VATs so Elon just cost new buyers a lot of money. These are desparate moves by an increasingly desparate CEO.


ricks0mericks0me - 3/6/2019 10:40:43 PM
+2 Boost
Truthy: I agree with your post but I am not talking about deficit's.


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