Tesla Business and News Thread
11-13-23, 09:10 AM
#751
Lexus Champion
Thread Starter
imo and this is not based off of any facts or statistics but I think a lot of model 3 buyers bought it because its the cheapest Tesla. If Tesla differentiate them enough such as vegan leather not an option on the model 2, much smaller screen, a lot slower (6.5-7 seconds) to 60 then I would think the Model 3 stills sees strong demand. However, if the Model 2 is a shrunken version of the Model 3 with less range and slightly slower, then I can see the Model 2 being the best selling model and taking away a lot of sales for the model 3.
A lot of people on the reservation I know are scalpers lol. Some people have multiple reservations as well. A lot of these people are going to cancel with the leaked document that Tesla is restricting buyers from selling the Cybertruck until after 1 year of ownership....with some exceptions.
A lot of people on the reservation I know are scalpers lol. Some people have multiple reservations as well. A lot of these people are going to cancel with the leaked document that Tesla is restricting buyers from selling the Cybertruck until after 1 year of ownership....with some exceptions.
Someone like my daughter, who recently bought a Bolt EUV would be a candidate for a Model 2 (she was also cross shopping a Corolla/Civic)
11-13-23, 09:45 AM
#752
Correct, those who buy the base RWD are just looking for a cheap commuter, but Long Range and Performance buyers aren't looking to save money. Someone who is in the market for a Model 3 Performance would see a Model 2 as a downgrade...even if they have a performance version. It would be like someone who drives a Camry XSE V6 switching to a fully loaded Corolla XSE.
Someone like my daughter, who recently bought a Bolt EUV would be a candidate for a Model 2 (she was also cross shopping a Corolla/Civic)
Someone like my daughter, who recently bought a Bolt EUV would be a candidate for a Model 2 (she was also cross shopping a Corolla/Civic)
11-13-23, 09:47 AM
#753
Lexus Champion
Thread Starter
I don't think Tesla breaks down those numbers by single motor vs dual motor. Also Long Range uses the same battery pack and motors as the Performance. Power is limited through software
11-13-23, 10:02 AM
#754
Pole Position
No need to overthink this. If Tesla believed the Model 2 would cannibalize Model 3 sales they wouldn't have developed it. They have already shown they can scale Model 3 pricing close enough to the rumored 25K Model 2 entry point and with some decontenting and software limitations on range/performance that could be unlocked later for a premium they could attack that market without the billions in R&D and manufacturing spend for a new product line. They will expect some buyer overlap, but would not risk cannibalizing their volume vehicles.
Tesla believes the 2 and 3 can co-exist, and has the biggest vested interest in and 2 and 3 being able to co-exist.
Tesla believes the 2 and 3 can co-exist, and has the biggest vested interest in and 2 and 3 being able to co-exist.
11-13-23, 10:16 AM
#755
Lexus Champion
Thread Starter
No need to overthink this. If Tesla believed the Model 2 would cannibalize Model 3 sales they wouldn't have developed it. They have already shown they can scale Model 3 pricing close enough to the rumored 25K Model 2 entry point and with some decontenting and software limitations on range/performance that could be unlocked later for a premium they could attack that market without the billions in R&D and manufacturing spend for a new product line. They will expect some buyer overlap, but would not risk cannibalizing their volume vehicles.
Tesla believes the 2 and 3 can co-exist, and has the biggest vested interest in and 2 and 3 being able to co-exist.
Tesla believes the 2 and 3 can co-exist, and has the biggest vested interest in and 2 and 3 being able to co-exist.
11-13-23, 10:53 AM
#756
No need to overthink this. If Tesla believed the Model 2 would cannibalize Model 3 sales they wouldn't have developed it. They have already shown they can scale Model 3 pricing close enough to the rumored 25K Model 2 entry point and with some decontenting and software limitations on range/performance that could be unlocked later for a premium they could attack that market without the billions in R&D and manufacturing spend for a new product line. They will expect some buyer overlap, but would not risk cannibalizing their volume vehicles.
Tesla believes the 2 and 3 can co-exist, and has the biggest vested interest in and 2 and 3 being able to co-exist.
Tesla believes the 2 and 3 can co-exist, and has the biggest vested interest in and 2 and 3 being able to co-exist.
11-13-23, 11:57 AM
#757
Pole Position
But my broad point remains that Tesla wouldn't build the Model 2 if they believed it would cannibalize Model 3 sales. Tesla is in the business of aggressively targeting the market share of others, not diluting its own.
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11-13-23, 12:57 PM
#758
Lexus Fanatic
iTrader: (20)
The $25,000 Model 3 is already here if you factor in available incentives in some locations.
source: https://insideevs.com/news/692133/ch...-tesla-modely/
But my broad point remains that Tesla wouldn't build the Model 2 if they believed it would cannibalize Model 3 sales. Tesla is in the business of aggressively targeting the market share of others, not diluting its own.
11-13-23, 02:05 PM
#759
Pole Position
There were posts on the forum over the summer that talked about the potential to get a Model 3 RWD in California for around 23K after myriad incentives were factored in. There were counterpoints from members like me who pointed out that it took a very specific set of circumstances for that 23K Model 3 to be possible, but it was indeed possible if you could check all the right boxes. But above all, it shows that there are indeed ways to get the Model 3 down to the rumored price of the Model 2.
*** Let's not lose sight of the fact, however, that the reason I brought up the possibility of Model 2/Model 3 price overlap in the first place was as evidence that Tesla themselves see separate and distinct markets for the 2 and 3 and that Tesla, like me, thinks that they can and will co-exist rather than compete. The point being if you want to offer a 25K to 30K car, it's one hell of a lot cheaper for Tesla to price flex the Model 3 than it is for them to design, develop and build a whole new Model 2. So the fact that Tesla is doing just that shows they expect it to be accretive to their revenue/margin and not dilute their revenue/margin. ***
*** Let's not lose sight of the fact, however, that the reason I brought up the possibility of Model 2/Model 3 price overlap in the first place was as evidence that Tesla themselves see separate and distinct markets for the 2 and 3 and that Tesla, like me, thinks that they can and will co-exist rather than compete. The point being if you want to offer a 25K to 30K car, it's one hell of a lot cheaper for Tesla to price flex the Model 3 than it is for them to design, develop and build a whole new Model 2. So the fact that Tesla is doing just that shows they expect it to be accretive to their revenue/margin and not dilute their revenue/margin. ***
11-13-23, 08:44 PM
#760
The Model 2 will certainly take some 3 market share, but will open up a far bigger, untapped market. Corolla/Civic buyers. In Monterrey, an educated upper scale area, the car could flourish. India. Ever heard of the China car market?
And remember, market share is leverage. Margin strength is leverage and the Model 2 will employ everything Tesla has learned about efficiency.
Of course my crystal ball is as cloudy as anyone else's...
And remember, market share is leverage. Margin strength is leverage and the Model 2 will employ everything Tesla has learned about efficiency.
Of course my crystal ball is as cloudy as anyone else's...
11-15-23, 08:51 AM
#761
While researching the latest SW release online, I ran across this little bit of info. I really hope it doesn't come to this.
Tesla Prepares to Turn the Heated Front Seats and Wipers into Paid Features
11-15-23, 08:59 AM
#762
Lexus Champion
Thread Starter
While researching the latest SW release online, I ran across this little bit of info. I really hope it doesn't come to this.
Tesla Prepares to Turn the Heated Front Seats and Wipers into Paid Features
11-15-23, 09:49 AM
#763
Pole Position
You can bet your bottom dollar that was included in the code release precisely so someone "discovers" it and posts about it so Tesla can gauge reaction.
Of course with this particular thing being related to Tesla, there will no doubt be a surprisingly large contingent of people on forums who will find ways to spin heated seat and heated wiper subscriptions as a positive, and declare it to be ground breaking genius
Of course with this particular thing being related to Tesla, there will no doubt be a surprisingly large contingent of people on forums who will find ways to spin heated seat and heated wiper subscriptions as a positive, and declare it to be ground breaking genius
11-15-23, 10:02 AM
#765
Lexus Champion
Thread Starter
You can bet your bottom dollar that was included in the code release precisely so someone "discovers" it and posts about it so Tesla can gauge reaction.
Of course with this particular thing being related to Tesla, there will no doubt be a surprisingly large contingent of people on forums who will find ways to spin heated seat and heated wiper subscriptions as a positive, and declare it to be ground breaking genius
Of course with this particular thing being related to Tesla, there will no doubt be a surprisingly large contingent of people on forums who will find ways to spin heated seat and heated wiper subscriptions as a positive, and declare it to be ground breaking genius