Official Tesla Model 3 thread

[iPlug]

Tesla 3 prices going up in Europe.

https://driveteslacanada.ca/news/tesla- ... in-europe/

This is really good news for Tesla and speaks poorly for the competition. This is due to high demand in Europe and customers willing to pay the price. Also, significant upgrades in the 2021 vehicles add much value.

[SageBrush]

Tesla 3 prices going up in Europe.

https://driveteslacanada.ca/news/tesla- ... in-europe/

This is really good news for Tesla and speaks poorly for the competition. This is due to high demand in Europe and customers willing to pay the price. Also, significant upgrades in the 2021 vehicles add much value.

The article says prices in Germany are increasing 500 Euro but the tax credit is increasing 1,000 Euro. So one take on the price increase would be that Tesla is partaking of the extra tax credit. Tesla (and GM, for that matter) will have a very interesting decision to make regarding US prices if the US federal tax credit is re-instated for them by the Biden gov. My WAG is that Tesla will help itself to some of it, as it appears they did with Germany.

These affected companies may feel forced to act in this way to avoid Osborning.

[DougWantsALeaf]

The heat pump version of the M3 appears to have been the thing to push up its Norway sales. Over 2k in December so far, exceeding Q3 deliveries. Its now beyond the Leaf for 2020 (new Leafs...still 600 to go to catch total Leafs for 2020) and chasing ID3 for silver.

https://elbilstatistikk.no/

[Oils4AsphaultOnly]

The heat pump version of the M3 appears to have been the thing to push up its Norway sales. Over 2k in December so far, exceeding Q3 deliveries. Its now beyond the Leaf for 2020 (new Leafs...still 600 to go to catch total Leafs for 2020) and chasing ID3 for silver.

https://elbilstatistikk.no/

Not entirely. It's all about shipments of product. Tesla sales are lumpy, because they still batch their deliveries. Sometimes it'll look like sales are dismal and other times it'll be amazing, but the media and analysts will look for some other reason to explain the change besides production/shipping limitations.

The heat pump only adds a few more miles of range on a car that already gets more range than others, and heat pumps can't produce sufficient heat in extreme cold. So that's not a good reason to explain Norway sales.

[SageBrush]

https://elbilstatistikk.no/

Not entirely. It's all about shipments of product. Tesla sales are lumpy, because they still batch their deliveries. Sometimes it'll look like sales are dismal and other times it'll be amazing, but the media and analysts will look for some other reason to explain the change besides production/shipping limitations.

That is my take as well -- mostly lumpy delivery schedule.

[MOD edit: fix quote tag]

[DougWantsALeaf]

I am comparing to the previous 3 quarter end deliveries, which were less than current Dec numbers. There was also a price change which likely helped the delivery size this quarter.

ETron sales, which were smoking hot early in the year have cooled. It feels like a 2 horse race in 2021 between ID3 and M3.

It is interesting that Leafs still do really well in Norway, selling essentially as many as they do in Japan or the US each month.

[SageBrush]

I am comparing to the previous 3 quarter end deliveries, which were less than current Dec numbers.

If Norway is like the USA in this respect, Q4 is the most active car sales quarter of the year, and that is not just Tesla.
I also get the impression that consumer confidence is rising now that Covid vaccines are starting to roll out.

[Oils4AsphaultOnly]

I am comparing to the previous 3 quarter end deliveries, which were less than current Dec numbers.

If Norway is like the USA in this respect, Q4 is the most active car sales quarter of the year, and that is not just Tesla.
I also get the impression that consumer confidence is rising now that Covid vaccines are starting to roll out.

Bingo, seasonality.

@ DougWantsALeaf, also there was the covid lockdown of various places around the world, including the Fremont factory, where they couldn't build any cars for a month. Despite Dec shaping up to look stellar, don't be surprised when Jan and Feb numbers look "low". And don't be surprised by the media reports that demand has been met and buyers are looking for newer models from legacy automakers. The more you learn about how news reports are re-cycled to suit the narrative of the quarter, the more jaded you'll become of the news. All that matters is:

- Does the model 3 meet your needs at the price you'd like to spend? If so, get it. If not, get something that does meet your needs.

Edit: Tesla will be supple constrained until all 4 factories are fully up and running.