sundaymorning
Active Member
That is a definite possibility but here is one more: at $35K (US) the Model 3 is close to the average price of new cars/trucks sold in the US and comparably priced to a loaded Camry.
Elon may be expecting a massive amount of demand from customers who would otherwise buy a Toyota, Honda, Ford, GM etc. in the $20-35K price range, but stretch their budget a bit to buy a Tesla. Those customers could send the number of M3 sales into the millions, but they will likely buy something close to the base model, driving down the ASP. Elon keeps emphasizing how compelling the base model will be, which seems like an appeal to customers who don't want to or can't afford to pay $40K+ for lots of options, but would rather drive a Tesla than a Camry, Accord, etc.
I would be surprised if the PXXD is less than $60K, but would (selfishly) love to be wrong about that.
+1000
A fact that not many think about.. a 1million reserve number might spell doom the the other car manufacturers. Especially if they loose potential customers for their more profitable higher end model.
How long until we see the first one "folding", and going into partnership With tesla to start producing a Real EV? Who will it be? Nissan?
Good points. All the things you've mentioned were conveniently left out of the bear argument. There's FUD about m3 cannabolizing S/X, yet bears fail to see that M3 will actually cannabolize the sedan market from every traditional automanufacture from a Honda fit to Toyota Camry all the way to Bimmers 3/5 series.
It's very likely that another auto company is putting serious thoughts into partnering with Tesla to build another gigafactory, if none is interested, they'll be doomed. It's a win-win for Tesla.
Spelling out "one million" lost of potential customer maybe far fetch at the time being but definitely doable by end of 2017. To put things into context, as of this weekend, traditional auto companies will see $8 billion less in revenue flowing into their coffers due to Tesla's 232k preorders.
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