Car Chat General discussion about Lexus, other auto manufacturers and automotive news.

Tesla Sales Soaring, Competition Failing

Thread Tools
 
Search this Thread
 
Old 10-17-18 | 11:45 AM
  #31  
jrmckinley's Avatar
jrmckinley
Pole Position
 
Joined: Mar 2014
Posts: 3,171
Likes: 442
From: fl
Default

Originally Posted by peteharvey
That is an interesting point.
This and backlog could be the reason behind ramped up sales - will be interesting to see how long this keeps up as tax credits fall, and competitors move in.
Tesla's model 3 reservations started in April of 2016. Just to make the math easy, and to also appease the naysayers here, let's say the numbers released last week were based on 3 years worth of "sales" instead of the 30 months it actually accounts for. They sold 24,000 cars. That's 8,000/year, which is almost 60% higher than the next-closest competitor listed in the graph (Lexus ES). That's impressive, and it's overly conservative. Name another brand that would be outperforming other brands/cars that substantially and still get bashed by so many people. I just don't get it.
Old 10-17-18 | 11:52 AM
  #32  
jrmckinley's Avatar
jrmckinley
Pole Position
 
Joined: Mar 2014
Posts: 3,171
Likes: 442
From: fl
Default

[QUOTE=Freds430;10335142]
Originally Posted by RNM GS3

Who in their right mind would buy a Model X for over $100,000 over the Jaguar, Audi or Mercedes for $75,000 with an additional $7,500 off.
You can't compare those cars to the highest-end Model X because the range isn't comparable.
Old 10-17-18 | 12:34 PM
  #33  
Sulu's Avatar
Sulu
Lexus Champion
 
Joined: Feb 2011
Posts: 3,309
Likes: 31
From: Canada
Default Tesla Sales Soaring, Competition Failing

Tesla Sales Soaring, Competition Failing
The title of the article says it all.

Every EV sold removes three or four new ICE car buyers from the auto market.

This first section communicates an idea I've been studying.

ICE car sales are down and EV sales are up. Most people know this much. Also, EV sales are not up by as much as ICE car sales are down. The two metrics are believed to be independent of one another. I believe they are related.
Can you (addressed to the author) actually prove that "[every] EV sold removes three or four new ICE car buyers from the auto market" or are you trying to read something into the numbers? Is there actually a correlation, a true cause-and-effect relationship? Or are you grasping at numbers and trying to manipulate statistics to try to prove your bias?
Old 10-17-18 | 01:06 PM
  #34  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
 
Joined: Nov 2011
Posts: 31,752
Likes: 73
From: ON/NY
Default

Originally Posted by Sulu
The title of the article says it all.



Can you (addressed to the author) actually prove that "[every] EV sold removes three or four new ICE car buyers from the auto market" or are you trying to read something into the numbers? Is there actually a correlation, a true cause-and-effect relationship? Or are you grasping at numbers and trying to manipulate statistics to try to prove your bias?
Regardless if it is true or not, it is 100% true that two new ICE buyers are removed from the auto market if someone trades in their ICE for a EV and the outgoing ICE is sold.

Last edited by Toys4RJill; 10-17-18 at 01:10 PM.
Old 10-17-18 | 07:21 PM
  #35  
RNM GS3's Avatar
RNM GS3
Lexus Test Driver
 
Joined: Feb 2002
Posts: 7,331
Likes: 73
From: New York
Default

Originally Posted by Freds430
The average price Model 3 is $59,000. A $7,500 tax credit is 13% off. I will bet you what happens to their sales when the tax credit is gone. Who in their right mind would buy a Model X for over $100,000 over the Jaguar, Audi or Mercedes for $75,000 with an additional $7,500 off.
My friend you have ZERO grasp of the Tesla consumer.
These people could care less about tax credits.

They are passionate about the brand and willing to pay.

Again Tesla has never been about a value play - the brand promotes technology, innovation and performance.
There are no dealers- you go online and custom order your exact car.

Consumers that buy a Tesla want to project what the brand stands for.
MB, Jag, BMW are still well behind and their EVs dont offer the range or performance that can match Tesla not to mention their brand image is not synonymous with EVs or technology........

Last edited by RNM GS3; 10-17-18 at 07:25 PM.
Old 10-17-18 | 09:26 PM
  #36  
bitkahuna's Avatar
bitkahuna
Lexus Fanatic
iTrader: (20)
 
Joined: Feb 2001
Posts: 75,631
Likes: 2,588
From: Present
Default

Originally Posted by RNM GS3
My friend you have ZERO grasp of the Tesla consumer.
These people could care less about tax credits.
They are passionate about the brand and willing to pay.


white privilege.
Old 10-18-18 | 12:55 AM
  #37  
BippuLexus's Avatar
BippuLexus
Lexus Test Driver
 
Joined: Jan 2018
Posts: 1,419
Likes: 11
From: California
Default

Originally Posted by theory816
Whats there not to like about the model 3? Fairly cheap, looks great, and is an EV. Hopefully this will get all the other manufacturers to churn out a great looking full EV.
What's not to like about the model 3? A interior that makes you wanna throw up:



That interior and steering wheel gotta be the cheapest and ugly ever fitted into a car. Lets assume you are even able to chop this car at 35K - you are paying 35K for an interior like that? A Kia Rio that cost 13K has a nicer interior.
Lets be real - Tesla messed on the Model 3 interior. 35K is premium car money but this is no premium car.

Also - the increase in sales is likely due to the back log of orders they were able to push out. They didn't sell that much, its more like they fulfilled that much orders.

Originally Posted by UDel
Looks great? I don't see how can anyone say that hideous ugly car looks even okay, it is ugly inside and out. It is not fairly cheap, it is actually pretty expensive for what you get, nobody is getting them for 35K. EV is mark against it in my opinion. I think this is mostly filling back orders and the new trendy car for a bunch of California buyers. I doubt it will retain anywhere near these sales, especially with all the issues it has been having.
Agreed. It is likely is filling back orders and majority of Cali buyers do buy them.

I live in California and I travel often for work and my business. California has the most Tesla I have seen in any other State/major city.
Old 10-18-18 | 01:14 AM
  #38  
peteharvey's Avatar
peteharvey
Lead Lap
 
Joined: Aug 2011
Posts: 4,405
Likes: 497
From: Ca
Default

Yes, I think both exterior and interior is poorly styled, and there are a number of other issues too.
However, the fact is, the Model S/X and 3 - ALL sell well relative to their ICE peers, and this has got the rest of the world to open their eyes and move into EV's...
Old 10-18-18 | 04:44 AM
  #39  
RNM GS3's Avatar
RNM GS3
Lexus Test Driver
 
Joined: Feb 2002
Posts: 7,331
Likes: 73
From: New York
Default

Originally Posted by BippuLexus
What's not to like about the model 3? A interior that makes you wanna throw up:



That interior and steering wheel gotta be the cheapest and ugly ever fitted into a car. Lets assume you are even able to chop this car at 35K - you are paying 35K for an interior like that? A Kia Rio that cost 13K has a nicer interior.
Lets be real - Tesla messed on the Model 3 interior. 35K is premium car money but this is no premium car.

Also - the increase in sales is likely due to the back log of orders they were able to push out. They didn't sell that much, its more like they fulfilled that much orders.



Agreed. It is likely is filling back orders and majority of Cali buyers do buy them.

I live in California and I travel often for work and my business. California has the most Tesla I have seen in any other State/major city.
Come to NY - they are everywhere.

While the styling is not my cup of tea especially interior on the model 3 - Tesla consumers seem to love it.
They don’t want gauges, buttons, and other crap - then you can just go buy a MB, BMW etc
Old 10-18-18 | 05:49 AM
  #40  
plex's Avatar
plex
1UZFE/2JZGTE
iTrader: (11)
 
Joined: Feb 2004
Posts: 13,273
Likes: 75
From: MD
Default

I've been seeing lots of Model 3's everywhere I go. The sales numbers aren't surprising.
Old 10-18-18 | 05:55 AM
  #41  
Dave600hL's Avatar
Dave600hL
Lexus Champion
 
Joined: Feb 2008
Posts: 2,448
Likes: 2
From: Japan
Default

I am pretty sure you are not allowed to drive with your PC mounted on the dash.

But aside from that, worst interior ever. How many speakers? Two?
Old 10-18-18 | 06:47 AM
  #42  
jrmckinley's Avatar
jrmckinley
Pole Position
 
Joined: Mar 2014
Posts: 3,171
Likes: 442
From: fl
Talking

Originally Posted by BippuLexus



Also - the increase in sales is likely due to the back log of orders they were able to push out. They didn't sell that much, its more like they fulfilled that much orders.
Any way you look at it, they sold 24,000 model 3's since April 2016 (30 months) which would equate to 800 units/month. The 2nd place car is the Lexus ES which sold 5,200 cars from 1/1 to 9/30 - which is just under 600 units/month. So Tesla, a young brand selling a brand new model, is outselling the ES (one of the longer-running and proven midsize luxury cars) by 30% each month. On top of that, the Model 3 is selling more units per month than the C class and E class combined. Can someone who is anti-Tesla please help me understand how you look at these stats and the graph included as post #1 in this thread and aren't impressed by what Tesla is doing to incredibly established luxury car models?

Seems like a lot of people are OK with the Model 3 interior...
Old 10-18-18 | 07:54 AM
  #43  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
 
Joined: Nov 2011
Posts: 31,752
Likes: 73
From: ON/NY
Default

Originally Posted by jrmckinley
Any way you look at it, they sold 24,000 model 3's since April 2016 (30 months) which would equate to 800 units/month. The 2nd place car is the Lexus ES which sold 5,200 cars from 1/1 to 9/30 - which is just under 600 units/month. So Tesla, a young brand selling a brand new model, is outselling the ES (one of the longer-running and proven midsize luxury cars) by 30% each month. On top of that, the Model 3 is selling more units per month than the C class and E class combined. Can someone who is anti-Tesla please help me understand how you look at these stats and the graph included as post #1 in this thread and aren't impressed by what Tesla is doing to incredibly established luxury car models?

Seems like a lot of people are OK with the Model 3 interior...
I am not anti Tesla. I think I was one of the first persons to sit on one at Toronto Tesla in Yorkdale. I am like the interior very much. I think the display is cool and most of the car is some sort of alternative to a mainstay car or luxury car. Same with the S, that car is eating into sales at the top end of luxury cars. I think Lexus has made an error with at least offering a plug in for their hybrids.

Yes, the sales figures are indeed impressive. But a good question that needs to be asked is if Tesla is actually making money off of these cars. Sales are nice, but if they are not making money. I don’t see what is too celebrate.



Last edited by Toys4RJill; 10-18-18 at 08:03 AM.
Old 10-18-18 | 07:57 AM
  #44  
JDR76's Avatar
JDR76
Lexus Champion
 
Joined: Nov 2013
Posts: 12,601
Likes: 1,631
From: WA
Default

Originally Posted by jrmckinley
Any way you look at it, they sold 24,000 model 3's since April 2016 (30 months) which would equate to 800 units/month. The 2nd place car is the Lexus ES which sold 5,200 cars from 1/1 to 9/30 - which is just under 600 units/month. So Tesla, a young brand selling a brand new model, is outselling the ES (one of the longer-running and proven midsize luxury cars) by 30% each month. On top of that, the Model 3 is selling more units per month than the C class and E class combined. Can someone who is anti-Tesla please help me understand how you look at these stats and the graph included as post #1 in this thread and aren't impressed by what Tesla is doing to incredibly established luxury car models?

Seems like a lot of people are OK with the Model 3 interior...
Those are the monthly figures. Tesla sold 24k in September. The ES sold 5200 in September (34k from 1/1-9/30).
Old 10-18-18 | 08:22 AM
  #45  
bitkahuna's Avatar
bitkahuna
Lexus Fanatic
iTrader: (20)
 
Joined: Feb 2001
Posts: 75,631
Likes: 2,588
From: Present
Default

Originally Posted by jrmckinley
Any way you look at it, they sold 24,000 model 3's since April 2016 (30 months) which would equate to 800 units/month. The 2nd place car is the Lexus ES which sold 5,200 cars from 1/1 to 9/30 - which is just under 600 units/month. So Tesla, a young brand selling a brand new model, is outselling the ES (one of the longer-running and proven midsize luxury cars) by 30% each month. On top of that, the Model 3 is selling more units per month than the C class and E class combined. Can someone who is anti-Tesla please help me understand how you look at these stats and the graph included as post #1 in this thread and aren't impressed by what Tesla is doing to incredibly established luxury car models?

Seems like a lot of people are OK with the Model 3 interior...
don't understand your post. I don't think 3's started shipping until mid 2017. A hell of a lot more than 600 es are sold each month in the u.s. ??



All times are GMT -7. The time now is 09:32 PM.