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popularBigShotBob posted Sep 01, 2023 06:36 AM
Item 1 of 2
Item 1 of 2
popularBigShotBob posted Sep 01, 2023 06:36 AM
Tesla Model X & Model S Price Cut
$79,990
$79,990
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seems like an enormous waste of money
If you do the math, leasing based on current Lucid offers is financially advantageous compared to financing anything else.
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So the answer is you get rid of the car at the 7.5y mark. Or you decide it's worth $15k/4y to keep it running.
It sucks but it's your worst case scenario and not totally unlikely to happen. And all of that said I love the stupid car and still choose it.
Clearly, owning a vehicle is heading towards the luxury item, with many lower tier models discontinued and huge price hikes. EVs contribute to that too, and probably for no good reason (should be cheaper to produce than ICE, but greed never sleeps).
Has the U.S. electric car market currently become saturated?
Is Tesla cutting prices because there's actually competition now?
These are legit questions.
I've always been intrigued by the performance aspects of Electrics, but other than the looks of the model S no other Tesla models have ever appealed to me.
I still believe that the power and charging infrastructure, and the current EV battery chemistries aren't even close to mass adoption levels yet. Will all these things eventually happen? Probably.
When will Mass adoption happen? Who knows.
Prices, better battery chemistry, and infrastructure are the only things holding E.V.'s back from taking over, But I think we're still a long way from that happening, and I think these price cuts, and other manufacturers electrics reportedly starting to rot on dealer lots, are a good indication that Electrics aren't quite ready for the mainstream.
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