[pharding]

In a sign of an increasingly competitive BEV market Tesla lowered prices by $10,000. You can verify this on their web site.

[Space Cadet]

Same here in the UK. There’s going to be some mighty annoyed owners and it could trigger other manufacturers to have to look at potential discounting or they’ll lose customers.

A fully loaded Tesla 3 Performance is well below the cost of the i4 M50. Even with the build quality ‘challenges’ reported by some Tesla Owners, cost-of-living pressures could well mean cancelled orders and shifted loyalties. With i4 deliveries still in a real mess, and Tesla offering 2-3 month lead times there’s trouble ahead for the other brands.

It’s tempting, but I still prefer the i4 for lots of reasons (looks, build, options and crucially customer support/service).

[jpuffmasterpuffpuffpuff69]

The Tesla Model 3 P is just going back to the right price. At 54k, it's competitive again. As a Model Y owner, the M3P is not on my list at all.

[jpuffmasterpuffpuffpuff69]

Now a Model S Plaid at 107k? That starts to get interesting just as an amazing drag car.

[techwhiz1]

Tesla M3 or MY, even with price cuts, aren't interesting to me.

Too many "don't haves".

They don't have HUD.
They don't have adaptive suspension or steering.
They don't have premium leather or leather at all.
They don't have a normal guage cluster.
They don't offer many paint choices.


What they do have is an idiot in charge of the company.

Lots of deal breakers for me.

[VirtualGuitars]

Originally Posted by techwhiz1

Tesla M3 or MY, even with price cuts, aren't interesting to me.

Too many "don't haves".

They don't have HUD.
They don't have adaptive suspension or steering.
They don't have premium leather or leather at all.
They don't have a normal guage cluster.
They don't offer many paint choices.


What they do have is an idiot in charge of the company.

Lots of deal breakers for me.

No Apple CarPlay or Android Auto which can easily coexist with the existing infotainment system - just like it does with BMW and every other vehicle manufacturer. HomeLink is also no longer included on the Model 3 or Model Y. Adding that will cost you an extra $350 and must be installed by a Tesla technician.

[Haywood]

It's a start, but they're still over priced.

[BTDOC23]

Originally Posted by Haywood

It's a start, but they're still over priced.

Perhaps overpriced, but Tesla is now the #1 luxury automaker by sales with only 4 models, outselling all of BMW by > 30% in 2022 alone!

Tesla: 491,000
BMW: 332,388
Mercedes-Benz: 286,764
Lexus: 258,704
Audi: 186,875
Cadillac: 134,726
Acura: 102,306
Volvo: 102,038

And if you look at just evs….BMW only sold 16,000! 🫣

So even with all of Elon’s foolishness, the best competitors like BMW and VW are still years and years away from catching up

[Pictor]

Originally Posted by daddyrockstar23

Perhaps overpriced, but Tesla is now the #1 luxury automaker by sales with only 4 models, outselling all of BMW by > 30% in 2022 alone!

Tesla: 491,000
BMW: 332,388
Mercedes-Benz: 286,764
Lexus: 258,704
Audi: 186,875
Cadillac: 134,726
Acura: 102,306
Volvo: 102,038

And if you look at just evs….BMW only sold 16,000! 🫣

So even with all of Elon’s foolishness, the best competitors like BMW and VW are still years and years away from catching up

Explain how Tesla is a luxury car.

[techwhiz1]

Originally Posted by daddyrockstar23

Perhaps overpriced, but Tesla is now the #1 luxury automaker by sales with only 4 models, outselling all of BMW by > 30% in 2022 alone!

Tesla: 491,000
BMW: 332,388
Mercedes-Benz: 286,764
Lexus: 258,704
Audi: 186,875
Cadillac: 134,726
Acura: 102,306
Volvo: 102,038

And if you look at just evs….BMW only sold 16,000! 🫣

So even with all of Elon’s foolishness, the best competitors like BMW and VW are still years and years away from catching up

Years and years might be overstating it. It they weren't worried, Tesla would not have lowered prices.

But one last question, tell me how Tesla is a luxury car? Maybe luxury prices but my daughter's Chevy Bolt is put together better.

[cruzer666]

Originally Posted by Pictor

Explain how Tesla is a luxury car.

It makes fart sounds.

[awaitingbimmer]

I think Tesla got lumped into luxury because people were cross shopping the German brands and Lexus. In the bay area people got money so they ended up buying the next new thing. Last decade Tesla definitely felt like the next best thing but as competition is coming Tesla doesn't look that great.

[BTDOC23]

You may not agree. But the enormous all-everything touch screen defines it as luxury. As does the spartan interior. Again, you may disagree.

That along with specs that even conservatively match cars in its price range. I own both brands and while the rise is def BMW for the win, handling, acceleration, braking is on the Tesla side. Safety (autopilot aside) is a tie.

And the price tag. No one spending > $45k doesn’t believe they are driving a luxury car. No one not on a BMW message board who you run into at a gas station will debate on whether your Model 3 or Y or certainly S or X is a purebred aspirational luxury item.

[VirtualGuitars]

But those panel gaps…. including the Model S and Model X. There should be not any panel gaps when you’re paying anything near $150k.

[phantom701]

I do think BMW as well as other luxury brands will need to respond before Tesla take away their customers. Whether one believe Tesla deserves to be called a luxury brand is irrelevant when your customers are leaving you.

BTW, if you guys check online, the $500k handmade Italian cars also have severe panel gaps.

[Pictor]

I expect a $60k+ car to have buttons in the back for controlling heated seats and HVAC. I know they're starting to roll that out but, C'mon! That's not minimalism, it's austerity.

[Bimmerfun82]

These prices are compelling, so we picked up a MY for commuting, as it’s quiet, comfortable, efficient, and keeps the miles down on our BMWs. We do 1,000 miles / month commuting (mainly the kids to school and various extra curriculars). That’s $240/mo savings on gas, which covers the insurance and reduces depreciation and extends our warranty window for the BMWs.

This latest MY has notable improvements in sound deadening, suspension, and build quality from prior years. And BMW’s comparable option is the iX, which is twice the price. Tesla has terrible service relative to BMW. And Tesla is not a luxury car in my experience. But you can go pick up a MY today, whereas the wait for an iX or i4 is still at least 3 months, possibly 6-12 months in some cases.

This may eat a little share from BMW from the X3, and I think we’ve seen that trend already in BMW’s results. And possibly the same for the model 3 v 3-series.

But other than that, a tesla to a bmw is really apples and oranges- and I’ve had 2 teslas now. including a model 3 perf and this MY. They serve a different purpose.

This price cut is a massive challenge though to other automakers rolling out EVs, as the biggest pragmatic differences are supercharging, battery management, large interiors and capacious storage, and overall simplification of the EV ownership experience.

But I don’t think BMW will be as affected by this price cut as Ford and GM, Nissan, Toyota, Honda, etc. If you look at the results from 2022, those companies have lost share to tesla, at least in the US.

[pharding]

Audi and VW just started offering $7500 off leases.

[mlanes01]

I had a model s75 it was a nice car, lots of stuff I liked about it but my biggest complaint was that it was luxury price but didn't feel luxurious. Saying that something is luxury bc it has features akin to brands like Mercedes is kind of a dumb argument seeing as how you can get leather and likely more features in a Kia but that doesn't make the Kia luxury... But Tesla has the ability to warp reality they take away features and sell futures on things you will never have yet pay top dollar for and people will line up to do it so what do I know.

I do feel for anyone who bought a Tesla in the last couple weeks like my neighbor who's brand new model y is now overvalued by 13k. When I ordered my s65 a week after placing the order before the car went into production physically they removed the 65 from the lineup and made the s75 standard options cheaper than my 65. They refused to change my order and I had to reject the delivery of the car and magically a 75 showed up a week later exactly to my spec for less money and with leather.

[techwhiz1]

Originally Posted by mlanes01

I had a model s75 it was a nice car, lots of stuff I liked about it but my biggest complaint was that it was luxury price but didn't feel luxurious. Saying that something is luxury bc it has features akin to brands like Mercedes is kind of a dumb argument seeing as how you can get leather and likely more features in a Kia but that doesn't make the Kia luxury... But Tesla has the ability to warp reality they take away features and sell futures on things you will never have yet pay top dollar for and people will line up to do it so what do I know.

I do feel for anyone who bought a Tesla in the last couple weeks like my neighbor who's brand new model y is now overvalued by 13k. When I ordered my s65 a week after placing the order before the car went into production physically they removed the 65 from the lineup and made the s75 standard options cheaper than my 65. They refused to change my order and I had to reject the delivery of the car and magically a 75 showed up a week later exactly to my spec for less money and with leather.

Tesla pricing, options and sales don't inspire confidence. My co-worker bought a Model 3 two weeks before they tanked the prices.

His car dropped in value by $10k because Tesla uses an Uber/Lift surge.pricing model.

At least with traditional manufacturers that ship to dealers you have pricing stability. Sometimes there are discounts and end of month/quarter specials. The thing is you know to negotiate at the end of the month, etc.

One more reason not to buy a Tesla is the pricing model.

[cruzer666]

Originally Posted by techwhiz1

One more reason not to buy a Tesla is the pricing model.

I’ll look at Model S again, once Musk is no longer in charge so they’re allowed to actually add luxury features the car desperately needs to be called a luxury sedan.

At $95,000, the base model S is still about $25,000 overpriced today in my opinion. However, if they add the features like 360 cameras, HUD, proper seating with multiple options, multiple sensor types around the car, etc etc. they will be able to commandeer a $80,000-$90,000 price for it.

Can’t sell a luxury sedan without any luxury features. Someone mentioned the absence of luxury features is luxury on its own, I’ve never seen anything more silly.

[hotrod182]

If Tesla keeps selling at this rate, service centers will be overwhelmed before long.