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Tesla Price Cuts Across The Board

Lil'Dave

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This now qualifies the MY for the federal credit until at least March.

Model 3 RWD: $43,990 (from $46,990, a 6.4% drop) • Model 3 P: $53,990 ($62,990, 14.2% drop) • Model Y Long Range: $52,990 (from $65,990, a 20% drop) • Model Y P: $56,990 (from $69,990, a 19% drop)
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mini2nut

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Tesla just increased demand and squashed the BEV competition.

They have the demand dial down to a science. Super high demand? Turn the dial up and raise the price. A dip in sales? Turn the knob down and lower the MSRP. Tesla assembly plants can continue to run at full tilt without any layoffs.
 
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computertom

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Imagine paying $70k for a MYP a few months ago.
The unapologetic pricing games they play would really tick me off had I been one of those recent purchasers. Painful to see folks over pay AND watch resale get washed away in one fell swoop.
 

mini2nut

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If I had not taken delivery I would cancel, lose my $100 ordering fee, and place a new order at the lower price.
 

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DTown3011

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Imagine paying $70k for a MYP a few months ago.
That pricing is nuts. I’m about to sell a M3 for my R1T and luckily I have a long range which they aren’t currently producing but this isn’t helping the market. Wow.
 
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Lil'Dave

Lil'Dave

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If I had not taken delivery I would cancel, lose my $100 ordering fee, and place a new order at the lower price.
They automatically adjust the price on your order. I had that happen right before taking delivery and it was adjusted.
 
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Lil'Dave

Lil'Dave

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That pricing is nuts. I’m about to sell a M3 for my R1T and luckily I have a long range which they aren’t currently producing but this isn’t helping the market. Wow.
I'm in the same boat. I think I'll have to end up selling my truck when the R1S shows up. I can just drive the MY for another few years.
 

windblowlc

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If I had not taken delivery I would cancel, lose my $100 ordering fee, and place a new order at the lower price.
There's no chance of that happening, since their production is greater than demand and a big reason for the price cut. They would deliver before you'd have the opportunity to cancel. 😄
 

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DTown3011

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I'm in the same boat. I think I'll have to end up selling my truck when the R1S shows up. I can just drive the MY for another few years.
And to think just 6 months ago I could have sold my M3 for more than I paid for it….

Luckily I bought mine 2 years ago and only have $49k into it brand new I should be fine. The MY owners really get screwed. With the tax credit the next few months, one might pay $20k less than yesterday! Wow
 

astonius

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Saw on Reddit… imagine taking delivery yesterday. You missed out on the end-of-2022 incentive directly from Tesla ($7500 off + 10k supercharger miles), paid the inflated price, and didn’t qualify for the tax credit, all by one day. No doubt it happened to someone.
 

mini2nut

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I think all existing 3/Y orders in the pipeline would be adjusted to the new lower pricing.
 

fbitz777

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Saw on Reddit… imagine taking delivery yesterday. You missed out on the end-of-2022 incentive directly from Tesla ($7500 off + 10k supercharger miles), paid the inflated price, and didn’t qualify for the tax credit, all by one day. No doubt it happened to someone.
There is usually a 2-3 day period in many states where you can return the car!
 

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