U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Automotive > Brand-specific forums > Tesla
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-03-2019, 09:08 PM
 
Location: Saint Johns, FL
1,426 posts, read 1,133,416 times
Reputation: 1432

Advertisements

Tesla continued setting new all time highs with sales both for the Model 3 and combined sales of the 3, the X and S.

In 4Q Tesla delivered

63,150 Model 3
13,500 Model S
14,050 Model X

For a total of 90,700 vehicles. This 8% higher than the previous record established in 3Q.

In the nearly 18 months since sales of the Model 3 started, deliveries are:

2017 3rd Quarter - 220
2017 4th Quarter - 1,550
2018 1st Quarter - 8,180
2018 2nd quarter - 18,880
2018 3rd Quarter - 55,840
2018 4th Quarter - 63,150

Changes are in store starting January 1st. The US Federal Tax credit gets halved starting the 1st. Because of that, Tesla prioritized US sales, now in the 1st Quarter they are finally going to start selling cars in Europe. A lot of reservation holders there have been patiently waiting.

In the US, Tesla dropped the price $2,000 on the 1st, effectively reducing the effect of the tax credit reduction down to just $1,750. Tesla, which had been selling only the long range version of the Model 3, started selling a mid-range version during the 4th quarter.

The infamous short range $35,000 version remains elusive, but each cost saving measure, and benefits of scale brings it closer. If I had to guess we're talking 2019 3Q. Currently the cheapest Model 3 is $44,000.

Next up should be a quarterly financial statement which is due Feb 6th. Hard to imagine that is not going to be their best to date.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 01-03-2019, 09:50 PM
 
9,199 posts, read 4,048,820 times
Reputation: 6349
Tesla now has excess inventory, demand looks like it’s slipping as the pent up demand bubble seems to have been satisfied, and their stock price is getting pummeled.
https://www.inc.com/associated-press...e-slowing.html

This is the worst possible time as the tax credit is running out, Tesla is starting to offer rebates which cut into its margins, offering a lower margin version of its cars which also cut into profits, and billions in credit repayment is due this year as interest rates start to rise and fear of a recession will start to dry up capital.
while competion ramps up with fresh new cars with a full $7500 federal tax credit available.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-03-2019, 10:02 PM
 
Location: Saint Johns, FL
1,426 posts, read 1,133,416 times
Reputation: 1432
So, the guys who have been constantly wrong about Tesla make some more predictions......
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-03-2019, 10:50 PM
 
9,199 posts, read 4,048,820 times
Reputation: 6349
Quote:
Originally Posted by Newporttom View Post
So, the guys who have been constantly wrong about Tesla make some more predictions......
Those aren’t predictions those are what’s actually happening. That’s why the stock dropped $30 in a day.

Everything I’ve predicted on Tesla so far has happened.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-09-2019, 09:17 AM
 
433 posts, read 190,340 times
Reputation: 514
Quote:
Originally Posted by Newporttom View Post

Next up should be a quarterly financial statement which is due Feb 6th. Hard to imagine that is not going to be their best to date.
I'm pretty sure the Q4 statement will easily beat their Q3, which exceeded expectations. Share prices have been creeping back up so the market probably anticipates good news in their next earnings call.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-09-2019, 11:02 AM
 
3,265 posts, read 2,261,896 times
Reputation: 6755
My neighbors just got rid of their Acura MDX for a brand new Model X 100D (they bought before the end of the year.) We'll see how it does, I had contemplated buying the same thing before I bought my wife her ML63, but those falcon doors wouldn't work well in my wife's narrow garage.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-09-2019, 04:27 PM
 
Location: Washington State
22,662 posts, read 11,835,712 times
Reputation: 19001
The Model 3 is a huge breakthrough vehicle. If they keep improving these EV's another 20% more range and 20% lower cost, the piston engine vehicles are going to be killed off....the future.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-10-2019, 11:50 AM
 
433 posts, read 190,340 times
Reputation: 514
Quote:
Originally Posted by Tall Traveler View Post
The Model 3 is a huge breakthrough vehicle. If they keep improving these EV's another 20% more range and 20% lower cost, the piston engine vehicles are going to be killed off....the future.
I think so. I've had my model 3 for a little over a month now and while it's not perfect, neither is any ICE car in that price range. When comparing it to ICE competitors in that price range, there really is no comparison. Model 3 is revolutionary.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-10-2019, 12:28 PM
 
9,199 posts, read 4,048,820 times
Reputation: 6349
Quote:
Originally Posted by kishac View Post
I think so. I've had my model 3 for a little over a month now and while it's not perfect, neither is any ICE car in that price range. When comparing it to ICE competitors in that price range, there really is no comparison. Model 3 is revolutionary.
You can't find a decent car for $65K?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 01-10-2019, 12:30 PM
 
9,199 posts, read 4,048,820 times
Reputation: 6349
Quote:
Originally Posted by Tall Traveler View Post
The Model 3 is a huge breakthrough vehicle. If they keep improving these EV's another 20% more range and 20% lower cost, the piston engine vehicles are going to be killed off....the future.
Meanwhile Tesla is dropping their cheapest trim levels for both the Model S and X and have yet to produce the promised $35K Model 3.
For the same price you could easily say a Raptor is a breakthrough vehicle.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Automotive > Brand-specific forums > Tesla
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top