Tesla Price Cuts Across The Board

[SANZC02]

They’re both domestic three row, ev, suvs, with +300mi range, awd, frunks, buttonless Ui, vinyl seats, and glass roofs. One has a refined Ui, advanced adas, and extensive charging and service network and the other is 12” longer with adjustable ride height and a faster 0-60. Most people will never take either on anything tougher than a dirt road. If one is worth $45k more is up for debate but they have far more in common than not. You may not think they’re comparable but outside of enthusiast forums, these vehicles are absolutely getting cross shopped.

I’m not sure why people would be cross shopping them unless they just have a really loose set of requirements. It is not where they are similar but where they differ that puts them in different categories. If the things you listed above are the list of requirements it would be silly to cross shop them. You have a smaller cheaper vehicle that is more efficient that decision should be a no brainer.

In my case, the Model Y or even the Model X will not work. We travel 1 or 2 times a month with 2 medium sized dogs, the sloped roofs simply is not enough room in the back for them. We occasionally tow and neither Tesla Y or X meets that requirement. I’ve been looking for an EV replacement for my Jeep GC since I purchased my Model S and there just is not a suitable replacement for my requirements currently out there. With the Jeep GC having an average annual sales of 220k vehicles, I think there will be plenty of consumers like me migrating over to the R1S.

There are over 15 million vehicles a year sold in the US, there is more than enough market share for multiple companies to compete for. There is no company that could supply the entire market and the competition is what keeps the innovation high and the cost relatively low.

Sponsored

 

[Riviot]

The Y is a great car, but it doesn’t have anywhere near the capability of a Rivian. If your use case is trips to the store and work, the Y is a great option. If you have any aspirations of venturing out on anything above a relatively smooth fire access road or tow anything significant, the Y is going to stumble there.

What if you already have an R1T and major use cases for your secondary vehicle are grocery store, commute on highways, and occasional road trips on roads with minimal offroading? The R1T being the good off roader for big trips with bikes or major off roading planned.

Even with pre March 1 pricing, it's still a $24k savings between Model Y and R1S. It's incredibly tempting to get a Y right now. I hate them for doing this.

 

[sacramentoelectric]

Genesis G70 and Mercedes S Class are both sedans, turbo 6 cylinders, RWD, trunks, touchscreens, leather(ish) seats. One is 20" longer with adjustable ride height and has a faster 0-60. Do you see where I'm going with this? Because it's very relevant.

No. Both because you’ve got your facts wrong and you’ve changed the comparison criteria. One is an awd limo from Germany and the other is a compact sports sedan from Korea. But they both have four wheels so they must be comparable, right? Don’t be silly. There are only five three row evs available today. Of course Rivians are going to be cross shopped with Teslas. There just aren’t many choices if you want an suv ev. The price gap between the Y and R1S is only so wide now because of how aggressive Tesla has gotten with pricing and the new msrp caps on the rebate. Like I said, the Y and the R1S have more in common than not (range, # of seats, drivetrain, interface, and lack of full size spare tire for off road Ing ) The more important question for us Rivian investors and enthusiasts is not if they will be compared with Tesla (they are as posters here have proved) but if customers will really perceive $45k in value having an R1S over a Y (I hope so.) It’s a good thing for Rivian that the X still anchors a higher price. It’s a niche product though that only sells a few thousand units a year. Rivian will need to sell a lot more R1Ss than ModelXs if they want to stay out of bankruptcy.

 

[Biturbowned]

What if you already have an R1T and major use cases for your secondary vehicle are grocery store, commute on highways, and occasional road trips on roads with minimal offroading? The R1T being the good off roader for big trips with bikes or major off roading planned.

Even with pre March 1 pricing, it's still a $24k savings between Model Y and R1S. It's incredibly tempting to get a Y right now. I hate them for doing this.

Yeah I mean we love ours, especially for road-trips. I think that even though the R1T is the fun/shiny new toy, we’d still use the Y for road-trips. I told most folks who were interested in the Y to not pay 60k+ for it because it’s just not a great value at that price, but with the current pricing I would have no issue recommending it (and have).

 

[Riviot]

Yeah I mean we love ours, especially for road-trips. I think that even though the R1T is the fun/shiny new toy, we’d still use the Y for road-trips. I told most folks who were interested in the Y to not pay 60k+ for it because it’s just not a great value at that price, but with the current pricing I would have no issue recommending it (and have).

Well now the wife wants to see both in person and drive them. Crap

 

[R.I.P.]

Well now the wife wants to see both in person and drive them. Crap

My wife stole my R1T when I first got it, because she liked the truck experience. After her first charging fiasco, she is back to her Model Y and won't touch my truck now except for short trips. The charging experience is a big part of the EV experience. It is not just the charging network, but how the vehicle interacts with it.

I have zero issue with using multiple apps on my phone and doing my own math and research on upcoming chargers. For anyone who does not think this sounds like fun, choices are pretty much limited to vehicles with a big red T on the hood at this point.

 

[Riviot]

My wife stole my R1T when I first got it, because she liked the truck experience. After her first charging fiasco, she is back to her Model Y and won't touch my truck now except for short trips. The charging experience is a big part of the EV experience. It is not just the charging network, but how the vehicle interacts with it.

I have zero issue with using multiple apps on my phone and doing my own math and research on upcoming chargers. For anyone who does not think this sounds like fun, choices are pretty much limited to vehicles with a big red T on the hood at this point.

It's really come down to a fiscal decision for us. Since we have the R1T the Model Y meets our lower requirements for vehicle#2. Getting it saves her money and diversifies our vehicle ownership (for better or worse). I thought 2 Rivians would be cool and require less learning; we're already familiar with service needs, charging methods/abilities, drive modes, etc.

I've thought about "supplementing" the gap if she chooses the Model Y because I really want that dang R1S! I justify it to myself as I'd probably drive it more for commute instead of the R1T (she works from home) but then it isn't "hers" anymore, it's "our". But isn't that marriage?

 

[NY_Rob]

People can call the CT vaporware all they like... but as we speak the 9,000 Ton Giga-Press for the CT casting is being assembled in the Austin plant. The photo below is from yesterday...

There is also a video with more details...

 

[R.I.P.]

People can call the CT vaporware all they like... but as we speak the 9,000 Ton Giga-Press for the CT casting is being assembled in the Austin plant. The photo below is from yesterday...

There is also a video with more details...

Nicola was vaporware, and you can find plenty of other examples of ideas and vehicles that only exist in drawings.

Tesla of course is not vaporware. They are now one of the largest and most prolific car companies in the world. The Cybertruk is revolutionary, and has presented a number of engineering challenges to bring it into production. However, as you point out, the line is being built and we are months if not weeks away from vehicles being produced on it. Optimistic outlooks have only about 10,000 units being produced this year, but with Tesla's experience in mass production that should ramp up pretty hard next year.

I am really looking forward to seeing them in the wild!

 

[DTown3011]

Whelp....this from Vroom...lol

 

[brancky3]

Nicola was vaporware, and you can find plenty of other examples of ideas and vehicles that only exist in drawings.

Tesla of course is not vaporware. They are now one of the largest and most prolific car companies in the world. The Cybertruk is revolutionary, and has presented a number of engineering challenges to bring it into production. However, as you point out, the line is being built and we are months if not weeks away from vehicles being produced on it. Optimistic outlooks have only about 10,000 units being produced this year, but with Tesla's experience in mass production that should ramp up pretty hard next year.

I am really looking forward to seeing them in the wild!

I have faith the CT will be pretty good, but how can you call it revolutionary when it doesn’t exist yet?

 

[R.I.P.]

I have faith the CT will be pretty good, but how can you call it revolutionary when it doesn’t exist yet?

Well, because it does exist. A half dozen models have been built for testing and verification, and the line is being created for Mass production. There are trucks out there that you can go touch and even drive tomorrow if you know the right people. What exactly is your definition of "doesn't exist?"

 

[MXA121]

Well, because it does exist. A half dozen models have been built for testing and verification, and the line is being created for Mass production. There are trucks out there that you can go touch and even drive tomorrow if you know the right people. What exactly is your definition of "doesn't exist?"

I think they mean it isn't available on teslas website, there is no price, battery size, features list, etc. It's all conjecture. Yes there's some lifted DeLoreans running around, but until we get some hard information, I agree that it does not "yet" exist.

 

[R.I.P.]

I think they mean it isn't available on teslas website, there is no price, battery size, features list, etc. It's all conjecture. Yes there's some lifted DeLoreans running around, but until we get some hard information, I agree that it does not "yet" exist.

Okay, but the question was how can you comment about "revolutionary" when it doesn't exist?

This is the first vehicle ever designed with an exoskeleton. My comment was that it is revolutionary, and that has slowed production a bit getting those new bits unkinked. I suppose people can certainly split hairs, but beta and Delta units are running around, and that exoskeleton is currently in production, albeit in limited numbers.

I have a 1-off Jeep that is highly customized. No, you cannot buy one at a dealer like it. It is the only one that exists like this one. Does that mean that my Jeep does not exist?

 

[MXA121]

Okay, but the question was how can you comment about "revolutionary" when it doesn't exist?

This is the first vehicle ever designed with an exoskeleton. My comment was that it is revolutionary, and that has slowed production a bit getting those new bits unkinked. I suppose people can certainly split hairs, but beta and Delta units are running around, and that exoskeleton is currently in production, albeit in limited numbers.

I have a 1-off Jeep that is highly customized. No, you cannot buy one at a dealer like it. It is the only one that exists like this one. Does that mean that my Jeep does not exist?

It also has bulletproof glass!
Correct. Your Jeep does not exist in the context of this conversation.

Sponsored