Vfacts March 2024

[Dr Smith]

Originally Posted by kypez

Especially after today's price drop on the Y. If they drop the Mach E to Model Y prices, I'd buy one.

Sent from my Pixel 8 using Tapatalk

Why did they drop pricing? Seems like as long as ships get in they are all sold beforehand?

[kypez]

Originally Posted by Dr Smith

Why did they drop pricing? Seems like as long as ships get in they are all sold beforehand?

That's what Tesla has traditionally done. They keep dropping prices as components get cheaper. It's why Hertz, etc stopped buying them because it hurt resale with the price drops.

Teslas view is very different to legacy. They will increase and drop in line manufacturing cost.

Also, because they can and still remain profitable per unit. Few more competitors entering the market so better to get ahead of them.

Sent from my Pixel 8 using Tapatalk