Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

New York Post

This site may earn commission on affiliate links.

doug

Administrator / Head Moderator
Administrator
For those unaware, the New York Post is pretty much a tabloid.

BATTERY LOSES JUICE - New York Post

biz035a.jpg
 
One thing that keeps appearing in articles is this $140,000 cost figure, which is incorrect. This figure was true early last year when Tesla was gearing up for production, but not by the the time they started. The company has already instituted many cost-saving measures, different parts suppliers, the redesign of the motor (switching from the old 2-speed to the current version), etc. and the cost is considerably lower now. Admittedly some of those savings have been the exclusion of options that were expected by the 2008 buyers, but that's only a small part of it. They are looking at about $80,000 cost by autumn of this year, and although they aren't there yet, the $140,000 number was never true, even from the day production started.
 

Nothing really said about all the cancellations. By my count 6 to 40 (depending on criteria)
But according to a Tesla tipster, Musk's decision to raise prices has caused severe damage to the company's operations. Production ceased while manufacturing waited to hear what options to install. And the company's salespeople were consumed by the task of calling back customers and asking for more money, rather than pursuing new sales. While cars stopped going out, money stopped going in. He also faces a real risk of customers asking for their deposits back; California's vehicle code provides strict consumer protections against such fiddling with prices. Tesla buyers, though, tend to be wealthy true believers, so they may well pony up more money — if they can still afford the car at all, that is.