Model 3 Price Reduction

Discussion in 'Model 3' started by SThomas219, May 27, 2020.

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  1. SThomas219

    SThomas219 Active Member

    As of May 27th, Tesla has decreased the price of all Model 3 Trims by $2,000.

    By doing so, it makes the SR+ less than the other EV I was considering, Hyundai Iconiq Electric Limited.

    Anyone know if this is a permanent price change or just a short term "sale" until things start to get back to "normal" whatever that turns out to be?
     
    Anna_St likes this.
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  3. Here is the post covering this with the new prices. Everything is cheaper, except for Model Y.

    Tesla has changed its prices occasionally, generally making them cheaper. I don't think I'd consider this a short-term sale.

    My takeaway is that there are a number of other electric vehicles coming out and Tesla saw some room in its gross margin to become more competitive (remember, its vehicles aren't eligible for the $7,500 federal tax credit anymore).
     
    Anna_St, bwilson4web and SThomas219 like this.
  4. It's pretty simple. When you can't sell everything you produce, you lower the price. That's how capitalism works.
     
    Anna_St likes this.
  5. T.C.

    T.C. Member

    Clearly he succeeds in selling all his right hand drive cars. Our UK Tesla prices only go up......
     

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