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Is Tesla in trouble? Price drop of Model X with new 60D model

3K views 4 replies 5 participants last post by  Saintor 
#1 ·


Times are tough for Tesla right now. With an investigation pending after three Autopilot accidents and Mode S sales hitting a two year low.

To jump start sales Tesla is introducing the all-wheel drive Model X 60D. Starting at 'just' $64,000 (after incentives) or $866 a month, the Model X 60D delivers 200 miles estimated range, a top speed of 130 mph and zero-to-60 acceleration in 6.0 seconds. Like all Tesla vehicles, the 60D comes standard with active safety features and Autopilot hardware.

What is interesting about the The Model X 60D is that it has the exact same hardware as the 75D. Tesla is advertising owners can later upgraded through a software update to get the 75 kWh range, an increase of about 20%. This might be the first time a car company has ever produced the same car and sold it for two difference prices. Are we seeing another new trend coming from Tesla?
 
#3 ·
Tesla Motors' entire history is characterized by trouble of some sort. As a company, it's completely FUBAR.
 
#4 ·
Their costs for warranty per vehicle is one of the highest in the industry (3-4x higher); CARB is changing the formula for selling credits, which will cut that revenue stream; personally, while cutting out the middleman on purchasing their batteries should save some, it's not huge in comparison to the huge investment to build their own factory, and in reality, may end up costing them more per unit when that is taken into consideration; selling more, while losing money per unit is not the way to change from losing money to making it; they have never delivered a vehicle on-time, when initially stated; they will reach the 200K vehicle limit for the US federal tax credit before many of the model 3's ever come off the line; others will have a 200-mile EV out before the model 3 and since the deposits are refundable, who knows how many they'll really sell; ramping up to that limit may end up with excess capacity that can't actually be sold, costing more per unit actually delivered. Who knows what the future will bring. Passion is not the greatest thing when deciding on an investment opportunity. If things continue to fail to provide any dividends for them or the prospect of profits, who knows what will happen, or what the creditors will do about funding their future in hopes of finally making a profit.
 
#5 ·
They didn't lower the other trims? So that would be just a minor market adjustment.

On another hand, Tesla will collapse for so many reasons.

Musk is kinda con man. He always gets the hopes high but its company is not / will not be profitable. Always needs new money.
 
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