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Getting buried in your new car... by the manufacturer? (Tesla price drops, some massive)

AutoAlex

Give Away Artist
Oct 30, 2021
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Alex
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Found this pricing chart on Reddit after seeing the news.
Someone that bought an X Plaid in November is now $19k upside down (plus tax) + a $7,500 tax credit that they didn't qualify for.

I can't tell you how many times I've heard customers say something along the lines of "I wish dealership pricing was consistent like Tesla's". Wish I was still consumer facing to pull this uno reverse card on them.

Maybe now that Tesla's stock is behaving like an automotive manufacturer (still way to high of a P/E to truly be in line, but definitely on the way there), they are also "treating" customers like a traditional manufacturer?
 
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Reactions: Jeff Kershner
I believe Elon is ready for the race to the bottom. He can profitably build EVs at far lower prices than any other OEM

"Elon's strategic advantage lies in his ability to think using first principles and his focus on efficient manufacturing, in contrast to the entrenched bureaucracy and inefficiencies of traditional OEMs. His minimalist approach to product design also leads to a lower cost of production, particularly in the US where many OEMs have decades-old fiefdoms with layers of employees performing non-critical tasks."

p.s. That quote was colorized by ChatGPT (I created the theme and outline, ChatGPT connected it all)
 

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