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Tesla cuts car prices by up to $5k

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Re: Tesla cuts car prices by up to $5k

#41
post #30

Earlier quoted context omitted.

Good luck! Tesla's are marvels of technology, but the lockdown they have on maintenance and repair -- which includes extremely high costs -- is enough to shy me away until we get a 'right-to-repair' law.

You are absolutely right, but it's also not as bad as it was before. You can now buy "unrestricted" parts. Before, you couldn't even buy an air filter.

[deleted]

Re: Tesla cuts car prices by up to $5k

#43

I hope Musk is still cool once Tesla is a monopoly. Companies have a tendency to turn on their users/customers once they get giant.

Tesla has gone from being the number 1 BEV manufacturer in Europe to now being number 3. Soon Hyundai will also overtake them in Europe and Tesla will fall back to 4th: https://www.schmidtmatthias.de/post/april-2020-european-elec... So don't worry about Tesla becoming a monopoly. It's not a practical reality.

Tesla was amazing and unparalleled from about 2012 to 2018. In the U.S., since the Kona/Niro EVs, I-PACE, e-tron, and Taycan have shipped along with the Electrify America rapid charging network, Tesla no longer has a corner on the EV market. A fully-decked-out Model S costs the same as a base Porsche Taycan 4S. I'd challenge anyone to test drive both cars configured at the ~$115k price point and then come back and tell me you wouldn't chose the Porsche.

Re: Tesla cuts car prices by up to $5k

#44
post #35

Earlier quoted context omitted.

Good luck! Tesla's are marvels of technology, but the lockdown they have on maintenance and repair -- which includes extremely high costs -- is enough to shy me away until we get a 'right-to-repair' law.

There is hardly any maintenance on them. I had a minor wind noise issue when I first got it that they took care of in a couple hours. Since then, it’s been washer fluid and tires. The kinds of routine maintenance and repair items you typically don’t want to take your car to a dealer for aren’t much of a thing on a Tesla. Then there are the big ones where you probably do want the dealer working on it. Like if some sig…

> Not to mention, a lot of the more expensive repairs are going to be covered by warranty or insurance anyway. Sure, they’re expensive, but so is everyone else.

This ignores the timing aspect too. What other major manufacturers might have up to 6 weeks or more lead times for repair parts for current vehicles?

> Many people who buy new cars either don’t care or actually prefer to go to the dealer.

I own a new, high-end car. I'd rather find (an orthogonal issue) and go to a passionate mechanic than a dealership who has lock-in (and of the two issues my vehicle has had, I am fairly certain the dealer service center _caused_ one of them, and then couldn't answer a simple question that anyone with a multimeter could, with the other).

Re: Tesla cuts car prices by up to $5k

#45
post #8

This has always been their stated plan, to pass on cost savings to customers as they get more efficient and profitable. They did some similar cuts last year. Nice to see it continuing.

If this is the stated plan then I really do not understand why the stock behaves like this was the next Apple (i.e., a company with massive margins).

Re: Tesla cuts car prices by up to $5k

#46
post #35

Earlier quoted context omitted.

Good luck! Tesla's are marvels of technology, but the lockdown they have on maintenance and repair -- which includes extremely high costs -- is enough to shy me away until we get a 'right-to-repair' law.

There is hardly any maintenance on them. I had a minor wind noise issue when I first got it that they took care of in a couple hours. Since then, it’s been washer fluid and tires. The kinds of routine maintenance and repair items you typically don’t want to take your car to a dealer for aren’t much of a thing on a Tesla. Then there are the big ones where you probably do want the dealer working on it. Like if some sig…

> but they’re going to feel that way no matter what they drive.

The difference is that a "random mechanic" is an option with most manufacturers. And it's not with Tesla.

Re: Tesla cuts car prices by up to $5k

#47
post #8

This has always been their stated plan, to pass on cost savings to customers as they get more efficient and profitable. They did some similar cuts last year. Nice to see it continuing.

If this is the stated plan then I really do not understand why the stock behaves like this was the next Apple (i.e., a company with massive margins).

You're assuming that people are expecting a monetary return on their investment. I suspect a lot of Tesla investors are expecting a return in the form of reduced problems due to climate change.

Re: Tesla cuts car prices by up to $5k

#48
post #30

Earlier quoted context omitted.

Good luck! Tesla's are marvels of technology, but the lockdown they have on maintenance and repair -- which includes extremely high costs -- is enough to shy me away until we get a 'right-to-repair' law.

You are absolutely right, but it's also not as bad as it was before. You can now buy "unrestricted" parts. Before, you couldn't even buy an air filter.

Thanks to legislation, not to Tesla's magnanimous nature. Several states (notably, MA) had to wave increasingly large sticks at Tesla to get any traction there.

You couldn't even buy a screw from their online ordering system. "Price: Not listed". "Order: Contact Tesla" (who would then say "not available to you".

Even their service manuals. Make an appointment, in MA. Pay a fee. Go to a specified location, weeks later. Go into a room with paper and pencil, no cameras, phones, or computers allowed. Be given a time limit.

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