t0y0ta Supercharged November 10, 2022 Share November 10, 2022 Actually Tesla and the new boys like Lucid/Rivian have key advantage in terms of direct sales to consumer thus they don't have such huge dealer markup so can sell cheaper. All legacy brands will sell at least 10-20% higher than their factory cost in order to accommodate the dealer margin. Eventually even if Tesla EV and BMW EV same cost to build, Tesla will be able to sell much lower without the margin from TEK or PML ↡ Advertisement Link to post Share on other sites More sharing options...
Victor68 Turbocharged November 10, 2022 Share November 10, 2022 1 hour ago, yishunite said: Only way to bring down prices is competition. Competition to Tesla has been too slow but is just now starting... yet all the R&D costs not yet absorb so they cannot beat them on per car basis Headline is misleading coz Tesla spent years in losses until now they reap the benefit Of course, that why he is selling his shares lah 😆 Link to post Share on other sites More sharing options...
inlinesix Hypersonic November 10, 2022 Share November 10, 2022 5 minutes ago, Victor68 said: Of course, that why he is selling his shares lah 😆 That's to finance his Tweeter buy 1 Link to post Share on other sites More sharing options...
steveting99 1st Gear January 28, 2023 Share January 28, 2023 Looks like there’s going to be a EV price war going forward. https://www.reuters.com/business/autos-transportation/tesla-cuts-prices-electric-vehicles-us-market-2023-01-13/ Staying on topic with this thread, the gross and net margins earned by Tesla allows them to price their vehicles lower than the cost of manufacturing by the other car manufacturers. Will be interesting to see how other car manufacturers react to Tesla’s price cut of up to 20% (Model Y) as demand is now shifting to price conscious buyers. The good old days of fat EV margins are gone. Existing ICE manufacturers are going to have a hard time this year as their market share shrinks, their costs are going up and demand is dropping. Competition (via price cuts) is good for the car buyers going forward. ↡ Advertisement Link to post Share on other sites More sharing options...
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