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Thread: Model S Pricing Europe

  1. #11
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    Niels I agree these prices look sensible, though it's the custom to include the VAT and other taxes in the sticker price in Europe so any rounding off to a nice number will be including VAT. That probably means you wont get a starting price below 50k € with all taxes included. They might even go for below 60k € for the base models including tax.

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  2. #12
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    your right, the nice round numbers must be including VAT and in local currency.
    the reasoon I did not include the VAT is it may vary from contry to country - in denmark the VAT is 25%, germany I belive it is 19% and in norway it is 0% for EV's.

  3. #13
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    If we look at the price that you have to pay to get in line 5k dollars is 4k euros to get your reservation down. Then a 100k Tesla would cost 80k euro. Since the reservation prices were introduced the euro/dollar exchange currency has changed so I'm afraid the 80% calculation will be way off...

  4. #14
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    It has been rumored that Tesla will announce European pricing of the Model S now at the Geneva auto show in march. Does anyone know anything more about this rumor? When I've asked my Tesla Rep (Irene) she has said "summer 2012" for pricing.

    Also - do you other Europeans believe (like I do) that Tesla will just decide on one price in Euros for the European market, and then for the countries that don't have Euro it will be exchange rate and after that adding any VAT's, customs/duty, other taxes and fees?
    Last edited by Johan; 03-01-2012 at 06:21 AM.

  5. #15
    I think it would be a huge mistake to announce European prices too soon.
    The Eur/USD exchange rate is too volatile right now.

  6. #16
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    Quote Originally Posted by richkae View Post
    I think it would be a huge mistake to announce European prices too soon.
    The Eur/USD exchange rate is too volatile right now.
    What do you mean with too soon? After all the start price for the 40kWh version has been known for over 2 years in the US. Geneva is the first time Europeans can see the car in Europe, so we might see an upswing in reservations then, but the big one will probably come when they finally announce pricing.

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  7. #17
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    Quote Originally Posted by Johan View Post
    It has been rumored that Tesla will announce European pricing of the Model S now at the Geneva auto show in march. Does anyone know anything more about this rumor? When I've asked my Tesla Rep (Irene) she has said "summer 2012" for pricing.

    Also - do you other Europeans believe (like I do) that Tesla will just decide on one price in Euros for the European market, and then for the countries that don't have Euro it will be exchange rate and after that adding any VAT's, customs/duty, other taxes and fees?
    I think Tesla will announce the price in euros, and when they announce the pricing, also hedge their Euro estimate, so that if the currency conversion leads to a loss, financial investments will make up for that loss. Prices outside of the Euro zone will probably be tied to the Euro, and be adjusted more frequently according to the currency conversion to the Euro.

    I'm actually thinking of investing a bit in Euros so that the price in NOK will be more predictable. I'm thinking now would be a good time, as in the last week, the currency conversion has lead to the price dropping from probably around NOK600,000 to probably around NOK550,000 for the Model X. I'll wait until the Model S pricing is announced, I think. Norway is a big enough market that they might decide to sell the car in NOK and hedge accordingly.
    Last edited by Yggdrasill; 03-01-2012 at 10:26 PM.

  8. #18
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    I sent an email to my Tesla rep. She said the service center/showroom in Oslo would be up and running by April, and that the Norwegian prices would be set in NOK for the Model S and X. The Roadster however is priced in Euros.

    So, the hedging is done by Tesla and we won't have to worry about it. It's fairly probable they'll announce the price in Euros before they announce the price in NOK, though. The Euro price should be a strong indicator of the NOK price, though.

  9. #19
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    So, they did not announce the pricing in Geneva?

  10. #20
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    I found this article where a representative of Tesla dismissed the Geneva pricing release as rumours and said the pricing would be available approximately 6 months before the Model S deliveries start in Europe. She said the pricing would likely come over the summer, so probably August or thereabouts.

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