Once again .......... https://www.engadget.com/tesla-slashes-model-s-and-x-us-prices-by-up-to-10000-074541439.html Tesla slashes Model S and X US prices by up to $10,000 It's the second big price cut on those models this year. Tesla Steve Dent|@stevetdent|March 6, 2023 2:45 AM Tesla has cut the prices of its high-end Model S and Model X electric cars by $5,000 (5.2 percent) and $10,000 (9.1 percent) respectively, according to changes in its website seen by TechCrunch. It's the second time this year the company has chopped prices, so the Model X has dropped $21,000 from $120,990 at the beginning of the year to just $99,990 currently. The Model S, meanwhile, has fallen from $104,990 to $89,990 since January 1st — a steep $15,000 reduction. Neither car qualifies for Federal Tax rebates set to expire later this month, as those only apply to SUVs priced below $80,000 and cars under $55,000. Still, they're likely to push many fence-sitters over the edge. That tracks with what CEO Elon Musk said on Tesla Investor's Day, that "the desire for people to own a Tesla is extremely high... [but] the limiting factor is their ability to pay for a Tesla." Turn on browser notifications to receive breaking news alerts from Engadget You can disable notifications at any time in your settings menu. Not now Most Model 3 and Y vehicles do qualify for the rebates, thanks to Tesla's January price cuts on those EVs. (As a reminder, it's a “nonrefundable” tax credit, so you'll only benefit if you have a federal tax liability of at least $7,500.) After mid-March, however, the rules will change and many EVs that currently qualify may become ineligible.
Since Tesla doesn't have dealerships to set prices as they like, they get to adjust prices as and when needed. I don't see any issue with this and it certainly doesn't mean anything. Only analysts who have nothing better to do choose to spin it in a positive or negative light.
could this not be a supply/demand issue (no spin required)? I haven't followed their numbers as of late but w/diminishing demand, price action follows. This isn't just a Tesla thing mind you given high interest rates. Which points to another potential competitive advantage....Tesla's able to slash prices during waning demand, outpricing others (unless demand's driven by other reasons like Twitter politics).
Tesla Confirms The Switch To 48 Volt System (msn.com) Tesla Confirms The Switch To 48 Volt System Story by Mark Kane • Yesterday 3:03 PM Tesla Cybertruck© InsideEVs The Tesla Cybertruck will get it first. Tesla moves forward with applying improvements to the low-voltage system of its electric vehicles, which so far was operating at roughly 12 volts just like in the vast majority of other cars. During the recent 2023 Investor Day, Tesla's representatives confirmed the intention to introduce a 48V system, which despite many years, is still a rare solution in the automotive industry. The first step for Tesla was the switch from 12V lead-acid auxiliary batteries to 12V lithium-ion auxiliary batteries, announced in February 2021, and initially launched in the refreshed Tesla Model S/Model X (starting with the Plaid) - see an in-depth teardown here - and later used also in the Model 3/Model Y (in late 2021). According to Tesla, the old lead-acid batteries were a major source of failures in Tesla cars, and they needed a replacement about every four years or so. The new lithium-ion batteries are expected to withstand the lifetime of the car (just like the main traction battery), so there should be no replacement needed at all. That's the obvious improvement, on top of which comes a smaller size and lower weight (87 percent reduction). external_image© Provided by InsideEVs Tesla says that starting with the Cybertruck (this year), the Optiums robot, and all future electric vehicles, the 48V low-voltage system will be used. For reference, the automotive industry moved from 6V to 12V in the 1960s (currently smaller vehicles might still use 6V, while larger vehicles use 24V). external_image© Provided by InsideEVs Tesla will use a 48V system because it will reduce the current by a factor of four, compared to 12V systems. This voltage level is still considered safe. The increase in voltage is a necessity as power demand for onboard electrical devices steadily increases and at 12V, the wires are becoming thick, heavy, and costly. With a 48V system, there will be noticeable weight and cost savings, while at the same time, efficiency might increase. That's a really interesting change, which will also require a new 48V lithium-ion auxiliary battery - in the case of Tesla, it might even be produced in-house (we don't know yet).
Finally, I am a believer: www.reddit.com/r/interestingasfuck/comments/13zjbud/man_puts_10ft_buggy_wheels_on_a_tesla_and_drives/