[Spiffster]

I think a lot of people are gonna expect others to follow suit, Ford in particular as the Mach E competes directly with the Y and 3.
Tesla enjoys fat margins too, due to vertical integration, highly refined production process and simplified design thats highly automated. Shit just got real.
Im doubtful Ford can compete with Tesla at these price levels, especially if they are to be believed that prices for the Lightning increased due to inflationary pressures on suppliers and such and not just being opportunistic due to unexpected levels of demand.

No interest in a Tesla, as I have owned the 3 and IMO they are nothing special. Although, If my wife didnt already have an eTron we would consider the Model Y at those prices.

 

[quikag]

I find the Model Y a lot more compelling at $52k less a $7,500 tax credit than at $65k and not eligible for tax credit. I'll ask my wife if she wants one. She's been driving our dinosaur (though it is a bulletproof, reliable tank) '13 LX570 for the last several years in all it's premium recommended 12mpg glory.

 

[R.I.P.]

Sure, I would buy another one, but with over 100,000 miles and less than 2% battery degradation the one we have is surprisingly good as new.
😎👍

 

[FM_Jack]

If I didn't have kids and was in the market, I'd consider it. But I do like the EV6.

 

[Leaf-clarity]

If you are looking to get a car, this and the Chevy bolt are great deals. Compact car for under 20 k (Bolt) and crossover luxury sedan for under 50k (Model Y). Unfortunately, this is only good till March.

If I didn’t have three kids, I would go for it.

 

[Fryballin]

I would definitely consider it, but my Lightning is suiting me fine. Honestly think you could a model Y long range with 7 seats (if thats what it takes to get the $7500 credit) and drive it for 6 years with almost no cost to own if residual value after 6 years is 50% of what the MSRP is. This is taking into consideration gas savings over 6 years as well.

 

[Spiffster]

Sure, I would buy another one, but with over 100,000 miles and less than 2% battery degradation the one we have is surprisingly good as new.
😎👍

"But the battery will only last five years!"
I still have people telling me this... to this day. Insisting the batteries only last 5 years and they always "know somebody" who had to buy a new battery and it "cost more than the car!".
Im always like, you were lied to, bro... base warranty for EV components is 10yr 100k miles. Just get a confused, dumb ass look in response.

 

[greatbreweh]

I wish we could get a deal up here!

price is about 84K plus tax

 

[Txxthie]

I think a lot of people are gonna expect others to follow suit, Ford in particular as the Mach E competes directly with the Y and 3.
Tesla enjoys fat margins too, due to vertical integration, highly refined production process and simplified design thats highly automated. Shit just got real.
Im doubtful Ford can compete with Tesla at these price levels, especially if they are to be believed that prices for the Lightning increased due to inflationary pressures on suppliers and such and not just being opportunistic due to unexpected levels of demand.

No interest in a Tesla, as I have owned the 3 and IMO they are nothing special. Although, If my wife didnt already have an eTron we would consider the Model Y at those prices.

I have owned 2 and they still have no match in regards to software, charging, and software calibration of motors/regen.
The performance Model Y would be my choice at current prices.
I think prices will fluctuate as Tesla gauges demand from 1st major price cut. They needed to push would be buyers waiting for IRA clarification. Their production capacity currently is unrivaled and widely discounted. They went from no inventory at the end of 2022 to a surplus again in less than 2 weeks.

 

[ChasingCoral]

I have owned 2 and they still have no match in regards to software, charging, and software calibration of motors/regen.
The performance Model Y would be my choice at current prices.
I think prices will fluctuate as Tesla gauges demand from 1st major price cut. They needed to push would be buyers waiting for IRA clarification. Their production capacity currently is unrivaled and widely discounted. They went from no inventory at the end of 2022 to a surplus again in less than 2 weeks.

No question Tesla has a strong headstart in BEV design. However, others are catching up fast.

Part of that surplus was softening of the market. Thus the price cuts.

 

[Txxthie]

No question Tesla has a strong headstart in BEV design. However, others are catching up fast.

Part of that surplus was softening of the market. Thus the price cuts.

Elon in Q4/22 said that raw material prices were retracting, even stating there might be a deflationary tendency in 2023.

Could be deflation related. Such a large decrease in prices is a strong incentive to buy now and not wait. I think there’s more to these price cuts than demand issues and inventory surplus. Tesla is grabbing sales and market share now before tougher economic times to come. IRA was supposed to help other EV players, even more so with the recent exclusion of TMY 5 seater as an SUV, but it got outplayed by Tesla price cuts. IRA will benefit Tesla primarily until March now!

 

[greatbreweh]

I wish we could get a deal up here! View attachment 5727 price is about 84K plus tax

Not sure what going on but today I see model Y not 84k but $69,900 very weird that is a big drop

 

[Njev]

This will put pressure on Ford to drop Lightning prices or put in more Pro and XLT availability.

 

[R.I.P.]

No question Tesla has a strong headstart in BEV design. However, others are catching up fast.

Part of that surplus was softening of the market. Thus the price cuts.

Agreed, but I also have to think that part of the price cut is Tesla seeing some competition on the horizon. This is a way to "step on the accelerator" and put additional stress on that competition before it catches them.

The timing is good, and it is not out of the realm of possibility that it could sink some of that competition.

 

[Txxthie]

Agreed, but I also have to think that part of the price cut is Tesla seeing some competition on the horizon. This is a way to "step on the accelerator" and put additional stress on that competition before it catches them.

The timing is good, and it is not out of the realm of possibility that it could sink some of that competition.

Tesla currently has no competition in the US, TMY 2022 sales of 252K is more than their competitors combined. Price cuts were to stimulate demand and keep the factories pumping out vehicles. Tesla produces $12K vehicles a week. They can easily create a surplus if demand isn't strong, like in the beginning of this year due to IRA clarification.

We are currently in a deflationary macro economic. Tesla and other companies selling discretionary products need to really incentivize sales going forward. Tesla wouldn't decimate its used car market if consumers were buying like they were 6 months ago. These rate increases have lagging effects and now we are seeing the first waves of a Tsunami.

It is not cheap to finance a Tesla. It is a 72 mos loan at 5.34% with $4500 down. Tesla Destination charges have increased and so has the addition of a $250 order fee. How many people are going to get approved for a loan now? Used Tesla prices dropped 20% overnight so forget about trading in your vehicle. Many people will be underwater on their loan now. It is highly likely people will start walking a way from their vehicle loans. Average loan is $700 month. Car loans and credit card defaults are going to be massive this year. I am not a buyer of a Tesla right now, I fully expect better prices to come later this year as buyers are depleted.

 

[THEsocalledfan]

I wish someone would make a Ford Charge Station Pro CCS to Tesla adapter....have to think someone is working on it so we can use them to charge Tesla's.

 

[ChasingCoral]

I wish someone would make a Ford Charge Station Pro CCS to Tesla adapter....have to think someone is working on it so we can use them to charge Tesla's.

That's a very small market. It's the same reason there are so few aftermarket products for Rivian so far.

Your best bet is to reach out to the guy who makes the TeslaTap.

 

[Simsonic]

No. The build quality is bad, and legacy manufacturers have caught up with the technology. The only advantage right now is the charging network, and in two years time that will be gone.

 

[R.I.P.]

No. The build quality is bad, and legacy manufacturers have caught up with the technology. The only advantage right now is the charging network, and in two years time that will be gone.

It's just so weird to me that people keep talking about build quality. I can only assume that it comes from reviews of early production 3s, but I have ridiculously high standards & the Tesla's I have owned we're really put together well; with the current one being the best yet. I live in a family that drives the latest Cadillacs, Mercedes-Benz and BMW's. The Tesla's meet or beat these standards side by side.

As much as I like the Rivian, it is definitely showing early production growing pains with panel fit and the such that you saw years ago in the model 3.

Being in a car snob family, the wife's model Y gets examined a lot looking for these supposed quality defects. Anybody in my general region that is curious, is welcome to join in that search, but they just aren't there.

Then there is the Tech. Look, I have a number of EVs and non-EVs, and I like all of my cars and trucks. There is one standard, however, and that is that anytime I am one of the other vehicles I run into things that they do not do, or they do not do as well as the Tesla does. Nobody is doing software as well as Tesla is (certainly not Ford lol), so just where do these comments come from?