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popular Posted by BigShotBob • Sep 1, 2023
popular Posted by BigShotBob • Sep 1, 2023

Tesla Model X & Model S Price Cut

$79,990

$79,990

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It looks like they cut prices on the Model X and Model X Plaid. The base Model X now sells for $79,990 while the Plaid now sells for $89,990. All color options are included too. It also seems as if it might now qualify for a tax credit.

Edit: Model S prices were slashed too.

Model S base model $74,990
Model S Plaid $89,990

https://www.tesla.com/
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It looks like they cut prices on the Model X and Model X Plaid. The base Model X now sells for $79,990 while the Plaid now sells for $89,990. All color options are included too. It also seems as if it might now qualify for a tax credit.

Edit: Model S prices were slashed too.

Model S base model $74,990
Model S Plaid $89,990

https://www.tesla.com/

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Sep 6, 2023
526 Posts
Joined Mar 2019
Sep 6, 2023
ggapropros
Sep 6, 2023
526 Posts
Quote from handsomejaijai :
I bought the 2019 MX for almost 96k in early 2022. Tesla is running a deal which you can transfer FSD to the new tesla. With the price drop, is it worth to trade the 2019 in for the new 2023 MX with latest infotainment system as well as rear entertainment?
... you bought a model x in early 2022 for $96k? your car is probably going to trade into tesla like $60k if youre lucky and have low mileage. If you qualify for $7500 tax credit you will pay $12k for 18 months of ownership (hopefully youre in a state where the trade in lowers sales tax)

maybe worth doing if you love your model x currently and really want the diff screen in front and screen in back seat, but frankly i dont spend much time looking at my model 3 screen...
Sep 6, 2023
1,243 Posts
Joined Nov 2006
Sep 6, 2023
OoTLink
Sep 6, 2023
1,243 Posts
Quote from jl2672a :
Bet you loved him before Twitter.
There's a lot of nuance about such things. TBH I've thought Elon Musk as a jackass long before Twitter. Like, 2014 or so. I respect SpaceX and Tesla, those companies have done some cool stuff.. but yea the dude's a jackass.

Quote from ggapropros :
... you bought a model x in early 2022 for $96k? your car is probably going to trade into tesla like $60k if youre lucky and have low mileage.
Just like any other car lol.


Quote :
maybe worth doing if you love your model x currently and really want the diff screen in front and screen in back seat, but frankly i dont spend much time looking at my model 3 screen...
I like the old model S screen better than the new one they're using. Oh well.
Last edited by OoTLink September 5, 2023 at 10:12 PM.
Sep 6, 2023
174 Posts
Joined Nov 2017
Sep 6, 2023
Xboxhunk
Sep 6, 2023
174 Posts
Model x vs Rivian R1S?
Sep 6, 2023
43 Posts
Joined Mar 2022
Sep 6, 2023
FabulousDolphin130
Sep 6, 2023
43 Posts
Quote from Xboxhunk :
Model x vs Rivian R1S?
What are you doing with your vehicle? If it stays on pavement Model X. If. The Rivian's features cater to someone who likes to get their vehicle muddy.
Sep 6, 2023
2,734 Posts
Joined Jan 2006
Sep 6, 2023
CompassionateVeg
Sep 6, 2023
2,734 Posts
Quote from M177 :
I'm pretty sure the plaid was going for $130k early last year. That's a big drop in a year and a half.
Damn, with the inflation, that's even worse.
Sep 6, 2023
127 Posts
Joined Jun 2013
Sep 6, 2023
ukateshka
Sep 6, 2023
127 Posts
Is there any news on cybertruck, price? release date?
Sep 6, 2023
553 Posts
Joined Nov 2009
Sep 6, 2023
ZeusyZeus
Sep 6, 2023
553 Posts
Or wait a few more months when it gets slashed again? They just keep cutting prices. If less people buy the cheaper they get.

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Sep 6, 2023
553 Posts
Joined Nov 2009
Sep 6, 2023
ZeusyZeus
Sep 6, 2023
553 Posts
Quote from Xboxhunk :
Model x vs Rivian R1S?
Don't listen to the other person who wrote about getting their vehicle "muddy". The R1S isn't about getting muddy or going off roading (although it's fantastic at it) it is classified as an adventure vehicle but much more than that. I would refer to https://www.rivianforums.com/foru...ons.18685/

They make a lot of good points on a Rivian over a Model X and vice versa. They both have their pros and cons. The biggest thing I've seen is the Model X isn't a full SUV it's a compact SUV or CUV. I personally bought a R1S to me I like everything about it more than a Tesla. I would say go look at them both if you can.
Sep 6, 2023
4,324 Posts
Joined Aug 2005
Sep 6, 2023
Mydiscover
Sep 6, 2023
4,324 Posts
Quote from ggapropros :
... you bought a model x in early 2022 for $96k? your car is probably going to trade into tesla like $60k if youre lucky and have low mileage. If you qualify for $7500 tax credit you will pay $12k for 18 months of ownership (hopefully youre in a state where the trade in lowers sales tax)

maybe worth doing if you love your model x currently and really want the diff screen in front and screen in back seat, but frankly i dont spend much time looking at my model 3 screen...
Try lower $50's if you're lucky. More likely high $40's. Thanks for buying the tesla tho.
Sep 6, 2023
518 Posts
Joined Nov 2010
Sep 6, 2023
sd8384
Sep 6, 2023
518 Posts
Quote from ZeusyZeus :
Or wait a few more months when it gets slashed again? They just keep cutting prices. If less people buy the cheaper they get.
Lot of analysts are pumping up Tesla stock but truth is Tesla stock is in a pickle. Tesla has invested massively in the capacity and opened 3 new Giga factories in just last year. Without massive demand, there is no way to recover the capital invested so prices will keep dropping as long as margin supports it.

I honestly thought Elon Musk was smarter then this and should have just bought a bank when the mini-financial crisis hit. This way he would have been able to offer 0% finance keeping the brand value from going to dump.
1
Sep 6, 2023
1,243 Posts
Joined Dec 2015
Sep 6, 2023
FishKilla
Sep 6, 2023
1,243 Posts
Quote from Mydiscover :
Try lower $50's if you're lucky. More likely high $40's. Thanks for buying the tesla tho.
It is a 5 year old car that retails for $80K (minus$7.5K if you qualify, maybe more). He will be lucky to get $40K wholesale. That is if it has low miles and is in pristine condition
Last edited by FishKilla September 6, 2023 at 04:54 AM.
Sep 6, 2023
15,329 Posts
Joined Sep 2009
Sep 6, 2023
Knightshade
Sep 6, 2023
15,329 Posts
Quote from sd8384 :
Lot of analysts are pumping up Tesla stock but truth is Tesla stock is in a pickle. Tesla has invested massively in the capacity and opened 3 new Giga factories in just last year. Without massive demand, there is no way to recover the capital invested so prices will keep dropping as long as margin supports it..


...what?

Prices have now "dropped" to... exactly what they were pre-covid.

Which is what you'd expect now that you've ramped up your factories. A factory only using 10% of its capacity when it first opens is costly---and indeed prices were raised significantly during this period--- once it's ramped to high production the costs go down a lot and so can the prices.

Which they have- right back to where they were before.



Sales continue to grow and have been record highs every quarter for years-with an average compound annual growth rate of ~50% for a decade now- and there's no reason to expect that to change- with additional expansion at existing factories continuing- and a huge new one in Mexico just about to start construction.
2
Sep 6, 2023
724 Posts
Joined Nov 2009
Sep 6, 2023
bloodshot2k6
Sep 6, 2023
724 Posts
Build quality still sucks for these vehicles. I got rid of my S plaid and I cant be more happy.
4
Sep 6, 2023
60 Posts
Joined May 2019
Sep 6, 2023
BruceMar
Sep 6, 2023
60 Posts
In for 2, thank you
1

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Sep 6, 2023
2,708 Posts
Joined Mar 2016
Sep 6, 2023
webdoctors
Sep 6, 2023
2,708 Posts
Quote from Knightshade :
Correct. Leasing companies can get unlimited $7500 fed EV credits on qualifying cars without worry about income limits and such.







Not all leasing companies choose to pass some or all of that $7500 along to the customer- that's entirely decided by the leasing company.




Also correct.
Interesting, so my best bet would be to get a used car as that would already have the depreciation of the credit built into the price...

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