93% of Tesla Model 3 buyers will likely upgrade from $35k base, suggests new poll data

Discussion in 'Model 3' started by Teslarati Bot, Mar 3, 2017.

  1. ngtech

    ngtech Member

    Joined:
    Jun 12, 2017
    Messages:
    39
    Location:
    San Diego
    Yea, I guess there could be a few employees and current owners that could get them before the end of the year, but I know someone that put in his deposit early morning on the 31st and I think Feb was the earliest for him to get a standard version.
     
  2. J.Taylor

    J.Taylor Active Member

    Joined:
    Feb 13, 2017
    Messages:
    341
    Location:
    Canada
    I beg to differ. Elon does not need to make a profit on 35k cars. Not this year, not next year. There was no profit made on the first year's production of the roadster and that never stopped people investing.

    Sure it would help if the 35k car at least broke even on production costs, but investors know that as production increases to scale and battery costs come down the profit margins will increase because production costs go down. Each year the cost of batteries improves by about 5% and this will become a corporate savings.

    Investors know Tesla will eventually be VERY profitable.
     
  3. Michael Russo

    Michael Russo Moderator

    Joined:
    Dec 16, 2016
    Messages:
    1,734
    Location:
    Pau, France
    Agree, John. Only build I'd make is if they expect a variable margin (which is not profit, I know... ;)) of ~25% on the expected avg. selling price of $42-43k, there is not much left at $35k.

    Which again is not a showstopper for the reasons you mentioned and as there probably will only be a minority of orders @ 35k without any option.
     
    • Like Like x 1
  4. Ellimb

    Ellimb New Member

    Joined:
    Aug 2, 2017
    Messages:
    19
    Location:
    australia
    I would be very happy if HUD is added as an option. KIA new models have this feature !
     
    • Love it! Love it! x 1
  5. ngtech

    ngtech Member

    Joined:
    Jun 12, 2017
    Messages:
    39
    Location:
    San Diego
    LoL. Funny to look back at people's predictions only 4.5 months later
     
    • Agree Agree x 1
  6. Michael Russo

    Michael Russo Moderator

    Joined:
    Dec 16, 2016
    Messages:
    1,734
    Location:
    Pau, France
    Maybe I meant 4Q18?! :D
     
  7. MATHEW JACOB

    MATHEW JACOB New Member

    Joined:
    Jan 15, 2018
    Messages:
    1
    Location:
    fremont
  8. Michael Russo

    Michael Russo Moderator

    Joined:
    Dec 16, 2016
    Messages:
    1,734
    Location:
    Pau, France
  9. johnnyboy

    johnnyboy Active Member

    Joined:
    Apr 26, 2017
    Messages:
    108
    Location:
    orange county
  10. Michael Russo

    Michael Russo Moderator

    Joined:
    Dec 16, 2016
    Messages:
    1,734
    Location:
    Pau, France
    Thanks, Johnny, have already posted on the Model3OwnersClub forum and got a few positive responses already. Good idea to also advise @Ben Sullins; as he’s a member here, he may have seen it. Otherwise, this will help! Note he just picked up his Model 3 so he may be on cloud 9 for a while... ;)
     
    • Like Like x 1
  11. J.Taylor

    J.Taylor Active Member

    Joined:
    Feb 13, 2017
    Messages:
    341
    Location:
    Canada
  12. David Nye

    David Nye New Member

    Joined:
    Nov 6, 2017
    Messages:
    9
    Location:
    Brisbane Australia
    I’m inclined to agree with that, just my opinion.

    The VAST overwhelming majority of us will be charging our cars at home 99% of the time, hopefully either from our own solar, or failing that, preferably “off peak” power in the “wee hours” of the morning.
    (The most irresponsible thing you can do from an environmental perspective is get home in the evening and immediately start charging your car when the grid is struggling with the evening peak.)

    Then if we do the odd road trip, we want to be able to use a Supercharger to get from A to B, and as long as the cost per kWh is reasonable, I’m more than happy to pay for that. It will still be way cheaper than buying petrol, and we want the facilities to be available, (and we want plenty of them) so basically they need to pay their way. (In our typical vehicle use patterns, I suspect we’d be lucky to use a Supercharger maybe a maximum of six or eight times a year, unless we do a massive cross country trip.)
    Q. Why should someone who does roadtrips all the time and who just happpens to live near a Supercharger, get charged for free either all, or even some of the time.
    At the very least, there should be a very strict kWh limit, but I’d definitely be happier to have more Superchargers, and pay a fair and reasonable fee for using them.....

    Of course someone who wants to use them every day will disagree. :)

    However what ICE cars, at any price, come with free petrol (or diesel)?
    ie: We NEED a good charging infrastructure, so should expect to pay a fair price for using it.

    Cya
     
    • Like Like x 2
  13. richardch

    richardch New Member

    Joined:
    May 11, 2018
    Messages:
    1
    Location:
    atlanta
    Elon why don't you stop the b*llshit and simply produce the $35,000 model 3 that you originally promised us and let people choose what they want ?
     
  14. Michael Russo

    Michael Russo Moderator

    Joined:
    Dec 16, 2016
    Messages:
    1,734
    Location:
    Pau, France
    Because they need to generate critical margins first, with a straightforward production model (i.e. minimal changes) to ensure the company survives this production hell phase.

    This is not b/s. It is C/S (common sense...) ;)
     
  15. RFP

    RFP Member

    Joined:
    Aug 2, 2017
    Messages:
    39
    Location:
    Massachusetts
    Hello Michael; It's been awhile......... Somehow whether we are well heeled and have S's or X's or whether we are living on a tight budget and are driving cars on the other side of the spectrum, we all know one thing. That is, that Elon was never sharing Tesla's true plan with us. Yes, Tesla has had not uncommon start up problems (we all agree) and the product, even first offs, are quite good and well received.

    The issue was and still is that Elon only cares about the big picture and those of us that dreamed of a $35K car with a credit and not thinking of a 2 - 3 year lead time are simply collateral damage. I was thinking the other day about the "reveal" in late March 2016 and reading and thinking later that like the Tucker (also a rather revolutionary) automobile of the late 40's at least one of the 3 cars on stage (red) had a tiny chock block behind a rear wheel as it was just a shell. Additionally, the extended range battery was never part of the presentation but what was in those cars as the standard range battery (their words not mine) is still not available?

    Again, my complaint is that we have been willingly somewhat duped! Yes, I will get all the knee-jerk "cancel and get another car if you can't wait or buy a very expensive but excellent X or S and if you can't do that get much less of a car with a Leaf or a Bolt".

    That's not the point; which is that truly Elon is a brilliant visionary and engineer. The world is and will be much better because of him. However, he should have put his ego on a diet and subcontracted much of the manufacturing to other automobile companies that had and still have the capacity to significantly reduce production hell. Tucker didn't make it as no one wanted to help him (big business and unions mainly) and Tesla is losing some of its gleam when others would have been thrilled to help him.

    Please enjoy your summer...............Ron
     
  16. Michael Russo

    Michael Russo Moderator

    Joined:
    Dec 16, 2016
    Messages:
    1,734
    Location:
    Pau, France
    Hello Ron (@RFP )!

    I do agree with some of your points... that Elon is a visionary, that communications remains a big area for improvement, etc...

    Yet, call me an optimist, yet, while I understand the impatience of some, maybe including yourself, who are anxiously waiting for the standard battery, no frills Model 3 announced for $35k, I remain convinced the dream will become reality at some point. Granted, the full $7,500 tax credit will most likely not be available by then, yet the way things are going, $3,750 may still be on the table.

    And don’t think I can’t empathize because I am fortunate enough to now drive an S. I was always frustrated with Model 3 anti-selling early on and, to this day, would still be only a Model 3 reservation holder had I not found & negotiated this remarkable deal on Red Dragon, for about what I expected to pay Midnight S≡R≡NITY (my now increasingly hypothetical 3).

    Great summer to you too!
    Mike
     
  17. JordanWilliamson

    Joined:
    Nov 6, 2017
    Messages:
    85
    Location:
    Ontario, Canada
    We know now that this 93% is very misleading. This could be a paint choice but still want the base model.

    I ordered 1 year after the initial offering, I'm in another country and have already been given a chance to configure.

    They have 400,000 reservations roughly, they've delivered 50,000. I was probably 350,000ish... So I should be 300,000 ish, Remove 50,000 for RHD, 250,000. Assuming North America is the biggest market and will be delivered first, we could remove another 100,000 on the high end. Putting me maybe at 150,000 in line, if they've delivered 50,000. How has number 150,000 received an invite? I think well over 50% want the standard battery.
     

Share This Page