SageBrush
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 2:22 pm

LTLFTcomposite wrote:If anything I'd be more concerned for Tesla's propects if they did start producing stripper M3s. The current takeaway is that there's no shortage of buyers in the $45-60k slice of the adoption pyramid.

Yep

Although Tesla is already telling reservation holders that the 220 mile range Model 3 will enter production late 2018
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LTLFTcomposite
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 3:14 pm

SageBrush wrote:
LTLFTcomposite wrote:If anything I'd be more concerned for Tesla's propects if they did start producing stripper M3s. The current takeaway is that there's no shortage of buyers in the $45-60k slice of the adoption pyramid.

Yep

Although Tesla is already telling reservation holders that the 220 mile range Model 3 will enter production late 2018

They'll find some other way to jack the price, eg some hideous standard paint color or burlap covered bench seats. Sure you could take it for $35k with no options but they'll make it painful. Remember $35k is by no means a cheap car, if it doesn't look like an upscale vehicle good luck unloading it if you need to.
LTL
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lorenfb
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 3:17 pm

WetEV wrote:
lorenfb wrote:Many also indicated that Tesla is really profitable now, so why the contradictions?


T esla is spending more than they are receiving, so they are not profitable. Some parts of T esla are profitable, which is a different issue.


But some claim that Tesla is now even profitable selling the M3 at $35K.

With regard to funding issue, Elon indicated that no funding is needed in 2018. So why develop negativity with reservation holders, i.e. potentially lose them, and not deliver to them in the order of time of reservation.

Sounds like smoke and mirrors when it comes to the real profitability of the M3 versus a price less than $50k.
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EVDRIVER
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 5:12 pm

This is how they have always delivered cars. All the complaining in the world won’t get you one when you want it. There are other reasons as well, stop beating the dead horse it is in the order of the reservation based on how they have always done it. Delivering higher profit cars also does not mean another is not profitable either.
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SageBrush
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 6:12 pm

SageBrush wrote:Yep

Although Tesla is already telling reservation holders that the 220 mile range Model 3 will enter production late 2018
LTLFTcomposite wrote:They'll find some other way to jack the price, eg some hideous standard paint color or burlap covered bench seats. Sure you could take it for $35k with no options but they'll make it painful. Remember $35k is by no means a cheap car, if it doesn't look like an upscale vehicle good luck unloading it if you need to.

You can say much the same about any model car in its cheapest iteration, but the base Model 3 is a whole lot less stripped than the 2018 LEAF 'S'.

If I don't buy the AWD, I'll end up spending $41k for the SR with the premium upgrade package and a color other than black. In the scheme of things that price increase up from the base model is modest for an entry level luxury car. I'm completely satisfied, in fact delighted, with the value.
Last edited by SageBrush on Mon May 14, 2018 6:50 pm, edited 1 time in total.
2013 Model 'S' with QC & rear-view camera
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Car is now enjoying an easy life in Colorado
3/2018: 58 Ahr, 28k miles

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EVDRIVER
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 6:42 pm

SageBrush wrote:
SageBrush wrote:Yep

Although Tesla is already telling reservation holders that the 220 mile range Model 3 will enter production late 2018
LTLFTcomposite wrote:They'll find some other way to jack the price, eg some hideous standard paint color or burlap covered bench seats. Sure you could take it for $35k with no options but they'll make it painful. Remember $35k is by no means a cheap car, if it doesn't look like an upscale vehicle good luck unloading it if you need to.

You can say much the same about any Model car in its cheapest iteration, but the base Model 3 is a whole lot less stripped than the 2018 LEAF 'S'.

If I don't buy the AWD, I'll end up spending $41k for the SR with the premium upgrade package and a color other than black. In the scheme of things that price increase up from the base model is modest for an entry level luxury car. I'm completely satisfied, in fact delighted, with the value.


Yes a car that has fully redundant systems regardless of options selected
dual steering motors and controlllers
redundant braking system
solid state fuses
extremely high safety
high performance on handling and power
remote upgradable
great telematics system
and on and on.
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WetEV
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 7:09 pm

lorenfb wrote:But some claim that Tesla is now even profitable selling the M3 at $35K.


Not enough public information to support that claim. Especially as T esla isn't selling the M odel 3 SR yet.
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EVDRIVER
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 10:37 pm

Nor to refute except for the constant unsubstantiated claims it is not.
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Oils4AsphaultOnly
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 11:15 pm

PSA to Leaf owners who just got their model 3. Today I forgot to take the car out of chill mode, and tried to rush an onramp on the 110 freeway (you have 20 feet from the stop sign to full freeway speed traffic, and I saw a 100 foot gap between cars that I thought I could accelerate right into from a dead stop). In the leaf with B-mode, full power is achieved by fully stomping the accelerator. Doesn't work that way in Chill mode, which dampens power delivery over the entire pedal range! The freeway merge would've been seemless otherwise. I earned the rightful glares of the other drivers for that one. :(

Although chill mode is great for adapting to the power available from the model 3, it should be used like training wheels. Once you get used to the power and can smoothly control it via one-pedal driving, remove the chill mode. That, or drive it like an 8sec 0-60 car.
:: Model 3 LR :: acquired 9 May '18
:: Leaf S30 :: build date: Sep '16 :: purchased: Nov '16
Date - Miles / GIDs:
May '17 - 7300 mi / 363
Sep '17 - 13k mi / 359
.....
Jan '18 - 18.9k mi / 326
Feb '18 - 20.5k mi / 333 ?!?!

lorenfb
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Re: Official Tesla Model 3 thread

Mon May 14, 2018 11:17 pm

WetEV wrote:
lorenfb wrote:But some claim that Tesla is now even profitable selling the M3 at $35K.


Not enough public information to support that claim. Especially as T esla isn't selling the Model 3 SR yet.


Agreed, naivete on the part of some. But based on past Tesla GAAP financial reports over 5+ years one can conclude:

1. During the production & sales of the MS and during the product development of the MX, Tesla was not profitable.
2. During the production & sales of the MS & MX and during the product development of the M3, Tesla was not profitable.
3. During the production & sales of the MS & MX & M3 to ending YTD Q1 2018, Tesla has not been profitable.

Given the above historical record, one would most likely question the likelihood of Tesla's future profitability even if Tesla
only delivered M3s at ASPs greater than $50K. Furthermore, as the M3 cannibalizes MS sales, a GAAP profitable Tesla
will become even less likely. But then again, to some, Tesla doesn't ever need to be profitable, i.e. it's all about growth
as many shareholders seem to believe, right?
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