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Tesla cuts prices as Model 3 deliveries narrowly miss estimates

bloomberg.com

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Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#251

Post by matthewdgreen »

gamblor956 wrote: post #122
luckydata wrote: post #89

Earlier quoted context omitted.

We must be living on a different planet then if you never heard a Tesla owner go on and on about how much they love their cars. Before buying one 4 days ago I had plenty of that kind of experience.

I know quite a few Tesla owners, and they all love the idea of the car far more than the actual cars themselves. After about a week, reality sets in and the misaligned panels, haphazardly responsive touchscreen, and relatively pedestrian interior furnishings start becoming noticeable. After about 2 weeks, the Tesla owners who don't live in homes (i.e., condo/apartment dwellers) even start to get annoyed at the chargi…

I'm confused about this entire line of argument. You're saying that people can't get chargers installed in their condos, so their solution is to switch to another electric car that also requires a charger?

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#252

Post by baking »

andrewtbham wrote: post #50
baking wrote: post #47

Earlier quoted context omitted.

I clicked on the title ready to judge it as click-bait like yourself, but I think the text makes a good point that the majority of reservation holders seem to be willing to wait for their $35,000 Model 3s. Too bad they didn't get their $7,500 tax credit though.

My main problem is with the title of the article... more than the article.

I agree. At first glance, the "price cuts" wouldn't seem to signal anything. But the price cuts combined with the outstanding reservations does seem to imply more cost sensitivity than we have seen in prior Tesla sales.

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#253

Post by xbmcuser »

notahacker wrote: post #157
drcross wrote: post #127

Earlier quoted context omitted.

>I'd think a CEO showing off by downing a couple of shots on a comedian's podcast was a bit of a liability. You need to lighten up. Musk doesn't owe anything to anyone, if anything he garnered interest for selling more cars to the 18 million people that watched that podcast. If the CEO of was on the same podcast, do you think it would have been anywhere close to as entertaining?

> Musk doesn't owe anything to anyone, if anything he garnered interest for selling more cars to the 18 million people that watched that podcast He owes a lot to his shareholders, and wiped 9% off the value of Tesla with that podcast. If he has to be entertaining as well as reassuring them he's also laser focused on solving production challenges - and CEO of an engineering company is definitely a job description wher…

No he doesn't owe anything much to the stock holders either. They put in money knowing he was at the helm now if they have problem with how he behaves they can take out their money or buy enough voting shares that they can remove him.

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#254

Post by taobility »

adamqureshi wrote: post #173

Tesla is the ONLY player with a direct to consumer model. They are a native EV start up. All others right now are legacy car makers (non native) using the old franchise distribution model. Tesla OS is its bread and butter. They built the vehicle from scratch for EV. They effectively "PULLED" ever other car maker into the MIX. The legacy car makers had no other choice but to jump into the fray and take their chances.

Tesla is the ONLY player in US only. There are plenty EV players in China right now. NIO with ES8/ES6 https://www.nio.io Xiaopeng with G3: https://www.xiaopeng.com Weima with Ex5:https://www.wm-motor.com

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#255

Post by nikofeyn »

golfer wrote: post #44
wnorris wrote: post #4

The production and delivery numbers they came out with were very good and higher than most had expected. These numbers will allow them another profitable Q4 likely higher than their Q3 numbers. The price cuts are likely to impact margins, but is in line with what Tesla had done with the Model S and X as production efficiencies allow them to reduce manufacturing costs. The reaction looks like a big overreaction as the…

People are skeptical of Tesla because people are skeptical of Elon. His dozens of misleading statements and half-truths over the years have caught up with him.

musk isn’t the only reason i dislike tesla. they are overhyped by their customer base because the cars are “cool”, but i personally find the overall design and fit and finish to be lacking. they don’t feel like the expensive cars they are. tesla also has a feature called auto-pilot, which has killed people using it in non-insane scenarios given the name and marketing. i distrust their safety ratings.

tesla also acts like they are the only game in town. they aren’t even the largest electric vehicle maker in the world.

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#256

Post by beerlord »

ams6110 wrote: post #239
jsgo wrote: post #158

Earlier quoted context omitted.

His pitch on the solar tiles that would cost* at or less a typical shingled roof had me incredibly sold, but it seems that has taken a back seat as of late in his endeavors. Yeah, would love an electric car, but until they hit the $35k price point, it isn't happening anytime soon for me. But a fairly priced solar setup for home? Sign me up. * not sure if it was initial cost or cost over the life of plus the energy sa…

When I can buy a reliable $5k ICE car (which are the kind of cars I drive) I don't see an EV ever really making sense.

They have them in China:

https://www.youtube.com/watch?v=kILXXaqspcI

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#257

Post by londons_explore »

ivraatiems wrote: post #88
mav3rick wrote: post #79

Earlier quoted context omitted.

If bluster results in the first truly desirable EV cars and the first autonomous reusable rocket then more bluster please. The rage machine against Elon here is preposterous. At the end of the day , is he making the world a better place ?. No amount of contrived answers involving Twitter can change the vehement "Yes" to that question.

> At the end of the day, is he making the world a better place? With rare exception, I don't subscribe to the idea of "key men" in general, and especially not in this case. Even if I did, I don't think that Musk is acting in a way that makes him an asset. I agree that Tesla, for instance, is doing good and important work. However, I think attributing Tesla's success, and net impact on the world to Musk alone is unsup…

I think there is another way to make this comparison:

If Musk did not exist, and Tesla as a company did not exist, then all the engineers, expertise, effort, and capital that is currently with Tesla would be placed elsewhere.

Would all those people and resources do more good with all the other companies?

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#258

Post by londons_explore »

stanfordkid wrote: post #238
ivraatiems wrote: post #69

Earlier quoted context omitted.

Characterizing lying to the SEC and calling a Thai cave rescuer a "pedo" as such is stretching the definition of "forward-looking statement." Musk has always been largely bluster, but now the bluster is hurting people, and his companies as well. He's the biggest liability Tesla has. I don't know what he's done to earn my trust, or any investor's.

Landing rockets on autonomous drone barges, coming out with a sedan that beats a Lamborghini Aventador in 0-60 acceleration at 1/6th the cost, thereby pushing the state of the art across the entire car industry. Seems like a guy I would trust.

My model rockets do 0 to 60 in well under a second, and I'm totally not a guy you should trust.

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#259

Post by londons_explore »

dsfyu404ed wrote: post #83
mulmen wrote: post #72

Earlier quoted context omitted.

I don’t really see the problem with the pot smoking honestly, why is anyone wound up about that? Do you care if he drinks or smokes cigarettes? What about his workout routine? Twitter insults aren’t impressive.

Regardless of how you feel about smoking pot the CEO of a publicly traded company is expected to be prudent enough to avoid doing things that are federally illegal on camera with the beforehand knowledge that the footage will be made public. I personally don't care what Elon, or anyone does in his spare time but smoking pot on TV (or podcast, basically the same thing since both are going to be broadcast to viewers) s…

I wonder what wall Street would think of a company CEO going and buying a lottery ticket...

Re: Tesla cuts prices as Model 3 deliveries narrowly miss estimates

#260

Post by rconti »

drenvuk wrote: post #198
rconti wrote: post #176

Earlier quoted context omitted.

They've been crowded at least since the yellow sticker 'Prius' program of, what, 2007?

I wouldn't know. I'm part of the new blood that came to the bay area after that to ruin everything. :)

You got your stories wrong, the new blood is ruining Portland and Seattle, where they hate outsiders (as long as they carefully avoid having a racial component to this complaint).
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