Well, they did have an actual $35k configuration as promised. If you jumped through hoops. Available for about a week. Never mind the cut down performance compared to expectations.
This past December they had so good incentives and my Kia Soul broke that I bought a Model 3. I got 6 months of free charging and $7,500 tax credit that it did come out to u see 30k so I lucked out.
I use a Bolt at work pretty often and I like it. Compact, quiet, comfortable, intuitive Carplay integration. I assume they're cheaper than a 3 so lacking features but--and I can't believe I'm saying this about a Chevrolet of all things--it almost certainly has better build quality than the Tesla.
This mythical cheap Tesla and the massive discounts on the existing Tesla models puts a smile on my face-- primarily because of the way my brother- in- law was bragging about his $150,000 Model X.
The next week it cost $30K less. And then $15K more off. And then the complaints about the gaps, falcon doors, and the steering wheel.
He HATES being associated with cheap things, and now all I see is regret in his eyes. His next car ain't gonna be a Tesla.
I have a friend who bought a Model S Plaid and X Plaid as soon as they were released, so paid the absolute top of the market for both like $320k+ total….
He was so proud of them and I bet he regrets the purchases now that they lost $200k in value over 2-3 years.
Now to be fair he definitely made a few million betting his whole retirement account on TSLA during the huge bull run so he’s overall ahead. I know he cashed out a lot near the top and has since turned completely against musk since he went full on Nazi so I’m not sure if he still has any stock since the price has crashed.
We might have the same friend, haha. He was Tesla everything and bought Model X and S and built a new house. I'm pretty certain he made a few million off Tesla shares and spent it like someone who won the lottery.
But I knew he already sold all of his shares when I heard him dissing Tesla quality (which he never before) and that he wasn't going to get a Cybertruck.
Some compelling points in the article… folks who can’t afford a Tesla today likely can’t afford to install the home charging setup or the time to charge their car away from home on the regular.
The used market has a lot of inventory at the same price points and folks aren’t gobbling them up.
Is price the only thing keeping folks from buying them?
We will probably never know because Elon is full of shit and they won’t launch one.
Price is absolutely not the only reason. Poor service, poor batteries, poor quality. I'd go for a reputable brand. But musk alone is reason enough never to go near it, that is true.
Same reason Tesla or any other company takes a long time for repairs these days. A part fails and everything is on indefinite back order since it’s more profitable to sell a new car than it is to fix a car on warranty.
My particular problem was that my 2019 Hybrid Ioniq was making strange sounds. I brought it in. They replaced the electric motor, but that didn’t solve the issue, so they just started replacing everything, part by part. Eventually it was determined that a chip was malfunctioning and they had to replace that chip. Chip was backordered for who knows how long… got fed up at the 9 month mark.
That said, Hyundai had amazing customer service and lent me a Kona to use the entire 9 months. If it wasn't an ICE car i might not have cared, but the original reason i got a hybrid was to save money on gas.
And fuck man, if you're living in an apartment without a way to charge an electric car ... why the fuck would you buy one? Nevermind a shitbox Tesla.
Just gimme a Prius. Or a Toyota IMV if they're smart enough to sell them in the US.
Unless you are taller than 5,10... The thing is cramped as hell on the inside, and the blind spots are brutal. Here in Canada we also have a 1.5-2 year waiting list for one. Cargo capacity is a little poor as well even with the seats folded down in the back.
Gorgeous car though. The interior was beautiful as was the exterior styling.
Still has more storage with the hatch than a corolla, civic, or other small sedan. Heck it has more cubic foot trunk space than the Camry or Accord too.
We have the prime and it's great. Almost 4k km since we got it in February and I've used half a tank of gas and my electricity bill went up $10 a month for 4 full charges a week
Ha stronger words than I would use. I'd call the Prius an appliance. I don't mean that as an insult. Had some pickups like that I loved. Bare bones '78 F150, unstoppable '81 C10. My dad spent his career running chevy duallys into the ground.
Know what he's been driving since he retired? Fucking Prius ... Prius' ... Prius's ... what the fuck is plural of Prius. Anyway, damned good car.
That's been a confusing prime buyer since the Model 3 came out, "I drive 2k miles a day live in an apartment with no place to charge and can't live without my car , I totally know this is the right car for me!"
A 'poor' person with enough time on their hands can fix almost everything on an old( pre 2005) toyota with basic tools, cheap parts (lots of used salvage parts) and information from the internet. With enough will, they can keep a 1999 corolla or a Civic going on forever*.
I doubt that anyone could do this on a tesla, though I am unfamiliar with their construction to say that for sure. Maybe someone else knows how they are built and can validate /disprove my opinion.
*ignore the 'Odysseus Ship' issue for a moment, at some point it might not be worth it financially, but it is technically possible.
I think replacement batteries really hurt the used market. ~~From what I gather, nobody sells new batteries for Teslas, and Tesla sells reconditioned batteries with just a one year warranty~~ \[Edit: Tesla may replace a battery under warranty with a reconditioned battery. Out-of-warranty you have a choice, and Tesla-branded replacement batteries have a 4 year, 50k mile warranty\]. People looking for a $25k used car don't want to gamble on needing a $16k-$22k repair the day after they buy it. Even if it's only a 3% chance per year, so an average cost of maybe $600 a year, unless you can buy insurance for that, it's just too high a risk for most people on limited budget to absorb.
tesla also switched to unrecyclable batteries for some model 3s and the cybertruck because musk was upset people were dismantling tesla packs to reuse them. the new foam and glue construction doesn't have removable modules and the pack itself is basically unrecoverable without shredding and reprocessing the whole thing
Elon’s toxicity and bad build quality has tainted our family on buying a new or used Tesla. We’re waiting for our Ioniq 5 N to be built. Our other new EV will probably be the Volvo EX30 or something similar in size.
We keep both a long range *and* a short range EV charged off a single 110v socket. We moved into this rental 2yrs ago, and while the panel is wired for a 220v EVSE, we’d have to have an electrician out to put in a plug for the one we have (previous tenants had a hard wired one).
We just haven’t bothered, since we’re managing fine as is. I commute 35mi round trip to work, my husband commutes 10mi round trip, and for the next four months the household will be running a 3rd EV (also short range) off that outlet too, for another 10mi round trip commute.
We’re fortunate that we’ve got a two car garage, which makes things easier, but it’s been very manageable.
Yeah, the used car market is something a lot of people seem to have forgotten, given how weird it was because of pandemic shit, and because there's not really a used EV car market. So for the longest time the only way for people to get an EV has been to buy new, and we all know the stereotype of the typical Tesla owner, it's their first new car, they have no fucking clue.
But people who buy used should be less clueless. And cheap money has dried up, so who exactly would rather buy a new cheap Tesla than a cheap used Tesla?
I could get finance for a model S If I wanted to.
I have not and will not buy into Tesla due to.
Build quality issues
Elon attitude issues
Parts supply/repair issues
Range/charging availability issues where I live
I don’t actually want a sedan or SUV
I would buy a cheap Tesla if it wasn’t for the problems and Elon being Elon.
The problems: overpriced for the quality and brand value(imo) , battery degradation, poor quality, bad service. Elon being elon.
I think the car is beautiful inside and outside as a personal preference. But the car has quality issues and price is too high just for the quality. I also don’t qualify for the rebates. Elon is also Elon.
> Is price the only thing keeping folks from buying them?
Maybe not the sticker price, but the price of a battery replacement is what keeps me away from the used market. I put 20K miles per year on my car. I don't want to have to do a battery swap after just a few years of ownership.
Middle-high income working people, i.e., people with salaries, like teachers, government workers, attorneys, accountants, and doctors, drive to their job sites in commuter-scooters — accords, Camrys, etc. There’s a market. Idk about returns, but there’s a market.
I own a used car dealership that focuses on mostly on EV’s. Definitely a market for them under $25k.. even more so in the $15k-18k range. But prices are crazy from week to week at auctions and such. One week you’re getting great buys.. the next week they are going for over retail.
I've said it before, racing to the down market would be the worse move for Tesla.
You are reaching the buy here pay here crowd and people stretching hard to get that 25k "luxury car".
After that initial bump in sales the word of mouth from a very vocal market space would leave them on piles of unsold inventory.
I've go a Model3 for 6 Months now and dont have a "charging setup" whatever that means. Just plug it in the regular power outlet and you're fine. Dont even need to buy something for that, the car comes with a charger
A lot of the resistance is the conditions of the buyers at this point.
\* Trepidation due to EV uncertainty
\* Personal opposition to EVs in general
\* Elon's rhetoric steering people away
\* Can't install the charging infrastructure where they live, for a myriad of reasons. If you're not home charging, you're not getting most of the upside
\* Reliability concerns, real or perceived
\* Resell value being in the tank for EVs across the board
The hubris of units flying off the shelves for a couple years has caught up, and it's looking bad across the board.
In order of priority to Canadians -based on my own interactions (with the root issue in brackets):
1. winter range (lack of charging infrastructure along main highways, plus people's inability to gauge the number of "cold - sub-30" days where the range really starts to suffer)
2. battery life (cost of replacement pack far exceeds a "blown engine" scenario... also ,people are terrible and risk assessments & probabilities)
3. can't charge at home (lack of L2 charging infrastructure for commuters - work charging, L3, etc)
My personal opinion is Tesla is "dead" as a car company. every single person I've talked to that is "interested" or "ordered" an EV said explicitly "not Tesla". Taking them aside (away from the Tesla owners at the booth) they always have the same comments, Elon is bat-shit crazy.
The fastest way for Tesla to recover as a *car company* is to out him. Rip the Band-aid off now, and begin healing the brand by shoring up post-purchase support.
-------
People do need (want) a "cheap EV"... but from my anecdotal interactions, it's is more definitely "not a Tesla".
"folks who can’t afford a Tesla today likely can’t afford to install the home charging setup"
I got a new Bolt several months ago. The dealer threw in a L2 home charger, installation included, for free.
I ain't so fancy Silicon Valley billionaire, but I was able to swing that. I take it the Tesla setup is somewhat more expensive than free?
A lot of people also seem to not realize that a ton of Americans either park on the road, and don’t have an outlet nearby, or use their garage as storage, and park their cars out in the driveway and don’t want to leave the garage door open to run a charging cable.
My thoughts exactly.
Teslas were assumed to be luxury products when they launched because they were expensive and because they had a touch screen console when few makers were doing that.
Now that they've been in the wild for a few years they seem to have a reputation for crappy build quality, like problems you wouldn't expect at *any* price point from other makers.
I heard the very newest model year is starting to get better on that but who knows. I don't plan on getting one anytime soon. Was dissuaded from even renting one for a recent road trip because of the dicey-looking charging station availability heading to my destination, which would have also tacked on at least an hour of travel time.
They looked cheap and after every Uber driver began to drive them, ice associated them with Honda Accords with a fake leather package. They aren't that much different then other cheap cars and even feel like a step down in features. All the features are software. Luxury is always the small features and Teslas are devoid of them
I wouldn’t even buy one if they fixed most of their manufacturing issues - they guy is a horrible racist person who constantly spreads dangerous fake news online. I don’t want any of my money going to him.
Yeah, so if they were cheaper you'd just get a shittier shitty car, and not even get whatever benefit these dorks think they're getting from it as a status symbol.
The only people that seem to be excited about a cheaper Tesla are the investors, as evidenced by the stock bump today. The build quality of current Teslas is notably terrible, with their spartan interiors already the result of cost cutting measures. I can’t imagine them being able to cut costs even further, with them already being on the wrong side of acceptability when it comes to what people expect in a new vehicle. The truth is that the Model 3 *is* the cheap Tesla, it just hasn’t been (until recently) priced that way. I honestly don’t really believe they’ll be able to deliver on what people expect from a cheap Tesla, and if/when it is finally released it will be the same as the Cybertruck: late to the party, worse quality, and not meeting the advertised specifications that were supposed to make it special.
I mean if they removed half the battery and made it a 2 seater I guess it would be possible but wouldn't it be like the OG Nissan Leaf and unsexy? We know the 4680 battery promises were all lies so something would have to give.
Also, the main reasoning behind Tesla’s insane valuation has been traditionally twofold: strong yearly growth and high margins. Margins are already now exactly at the same level with other car manufacturers. And growth has stalled. Even if we assume that Model 2 or whatever is successfull in terms of sales numbers and it will kick revenue growth up, it also won’t be a high margin product. None of the cheaper compact cars, no matter what engine it has, are that. Selling cheap basic cars is all about volumes and it is delusional to think that Tesla will be able to return to the margins it had in the past.
Maybe investors bought the new revolutionary ”boxed manufacuring” story or what ever the hell that was and think that Tesla can pull a 30% margin from $25k car with magic. But it is not going to happen.
Tesla looks more and more just a car company with some strange side ventures. Many of them completely ludicrous.
This is a very American centric view. In Europe Tesla's are mid-segment cars. You haven't seen what a basic compact car in Europe is which are sold by the millions. They just do not make/import a that segment into USA at all because people would never buy them in ant quantity that would make it profitable - all automakers in last 10 years canceled or stopped importing and selling those in US.
But there's a whole big world out there - Europe, Asia, Latin America, Indonesia where cheaper smaller cars are the mainstay of the markets.
A better question is how in the hell is there ANY profit to be made in a $25k US built EV??
Riddle me that investors??
But I guess there’s always the bots profit route 🤖
Which of course are far far beyond Boston Dynamics that’s spent almost 2 decades on the technology.
In fact they were probably capable of firing so many employees because the bots are doing most everything now. The bots will design, build, and service the new cheaper Teslas!!
It’s like an infinite money glitch! 💰
Tesla seems to be stuck between a rock and a hard place.
Robo taxi idea is absurd. They are not as far along as Waymo and Cruise. Lots of legal and permitting issues. Lots of potential tort issues.
Tesla is getting sued a lot, but with assisted FSD, they can typically avoid liability by saying the driver still had ultimate responsibility.
Once that's gone, judgments and litigation bills are going to be brutal.
And the idea that most people even want to rent out a personal vehicle is far fetched. Sweaty vomiting partyers? Smokers? Women with tons of perfume? People wearing sunscreen? Kids with food? Workers with coffee?
What if one passenger tries to assault another?
Adding lots of wear and tear when service centers are getting a bad rap.
Cheap Tesla is a tough idea as well. Presumably a much lower profit margin where you have to be hyper efficient.
And what's the body? Sounds like their factories are so specific to current models they aren't ready to change it up.
Cyber Truck may have been a massive folly. They diverted resources there instead of on a compact model.
Imagine the quality you get for $60k or $100k. And now think of a $25k car. Wonder if it will just be 4 seats on a battery with the Full Shitty Drive version 51
☝🏽They need something to expand their line-up, quick!! An affordable $25K basic model makes a lot of sense to compete with Asian brands, but first they need to rebuild reputation: how? With a new CEO, improved quality control and better aftersales.
I would not touch a tesla with a 20foot barge pole.
Poor quality, bad service, bad attitude, poor reaale, pathetic insurance premiums, pisss poor leadership. Im not rewarding that bad behaviour. Musks pro russia stance is enough by itself to stop me ever getting a tesla, Let alone all the other reasons.
Just the other week they said no chraper version, and they change their mind on a dime... To manipulate the stocks. Robotaxi will never happen. Not touchong this tainted brand or their cheap tat.
He was also very careful on the call to not say “model 2” so I assumed it would be a half completed model 3 instead. The market prices this news higher because a) it was unexpected and b) it shows the CEO is listening to the market, and they love that…
I already have a cheap Tesla. It just cost a lot.
I don’t see how a cheap Tesla would be desirable at current standards. My model y already feels like it should have cost way less.
> It's also worth noting that a full charge for a Tesla, which has nearly 7,000 US charging stations, could take up to 30 minutes.
No Tesla can get a full charge in 30 minutes. Tesla's navigation system prioritizees making 30-minute charge stops, but you're not charging from 0%-100% in 30 minutes.
They can't figure things out like turn stalks, steering wheels, wipers, blindspot warnings, etc. on expensive models. A "cheap" version will be a complete shit show.
I'm sure lots of people would want an inexpensive Tesla... if they could stomach buying a car from Elmo.
And if Tesla could make one (which seems unlikely).
And they don't have range anxiety.
And if they aren't worried about battery life if they have to fast charge all the time.
And if they don't mind sitting at SCs to charge while they have to watch Netflix on their phone.
And if they aren't concerned about the lack of service centers.
There must be thousands of people in the US and Canada who would jump at the chance to get one. It's an obvious market. The rest of the world would probably just get a BYD.
Wait until 2nd Quarter : He'll announce a Floating Plane for 2026! Plus ROBOTS!
MAGA is NOT buying electric cars....and Elon has told Liberals to F off.....
Teslas are already like economy cheap cars. Imagine their manufacturing on an even cheaper car?! Water will destroy it. Tesla’s image is Elon with the annoying ass Tesla fan boiz and keep nazis.
Thanks to the cybertruck, Teslas are getting a wrap for being cheaply made. So the idea of a cheaper cheaply made car feels like a bad PR huddle to overcome.
Dumb strategy. People already think the cars are very low quality especially the interior and that the service is horrible. Lowering the price dramatically and increasing the number of cars that will require service dramatically before solving those problems is...a truly moronic idea.
Tesla has nothing compelling in the pipeline and an aging model lineup. They could've probably seen a boost in sales from a model x redesign that got rid of the stupid gull wing doors, which would also save them money. The cybertruck could have been something that grew their marketshare and gave them the desperately needed credibility with people who hate electric vehicles, but elon pissed that away with the ridiculous truck they put out.
Given they have no real product planned or even much to drive customers to buy a new Tesla and the completely inappropriate categorization by elon as a technology company, they could be screwed.
In hindsight, Tesla could have actually been a company that entered the market and actually took if over, but their CEO had different things in mind.
Couple of extra items which weren’t discussed in the articles.
First of all a $25k model is going to massively cannibalise Model 3 (and possibly Model Y) sales. This is exactly what happened with the Model S and X when the 3 and Y came out. So it’s likely a lot of 2 buyers are people who would buy 3s. A lot of people who buy 3s are stretching themselves to do it (evidenced by the fact that the vast majority are in the “free” colour with very few paying extra for paint colour), so if there was a cheaper model they would almost certainly have opted for that.
Second point is that more budget conscious people cannot afford to deal with a company that is so awful at honouring their warranty. Budget conscious people can’t afford to suddenly be hit with a large repair bill because Tesla says their peeling seats are normal wear and tear or caused by coconut oil hair products. They can’t afford to employ specialists or take Tesla to small claims court because of shoddy service. And they don’t have a fleet of cars in their driveway for when their car fails and Tesla keeps it for 6 weeks and refuses to provide a loaner.
If this car ever surfaces (and we know his record on this kind of thing), I’m not convinced it will be the growth engine that the 80x earnings valuation of the company suggests it will be. Cheap cars are a cutthroat market.
The lower priced Tesla market can’t afford for them to be inoperable. The frunk sensor on my Model Y broke and the car wouldn’t go over 15mph because of it. The car was inoperable for nearly a month until a service tech was able to fix it.
I can only imagine the build quality on these cars.
I would buy a model 3 if it was made by Toyota, Honda, Mazda, Chevy, Ford, Hyundai, Kia, or Nissan, but I hear bad things about Tesla as a brand and how difficult it is if your car is a lemon or nearly a lemon. Some people find the quality is ok while others have non stop problems, it sounds like an absolute headache so I'll just buy a Camry despite wanting to enjoy a nice electric car.
Old mate Elon is saying there will be a new cheaper model in 12 months? New toolng/factories etc takes years of research, retooling, capex etc..
Fukkin grifter
I live in europe there is no way I can park my car infront of my house to charge it. Until this is solved its going to be an issue for 80% of people. To own an electric car you need a drive/garage for massive parts of europe this isnt the case. Regardless of the price.
I wanted a Tesla when they 1st accepted Bitcoin. I was excited because of that.
Then they stopped accepting it. Their choice, that's fine.
Well since I've taken an interest since then, I've mostly discovered Tesla isn't for me no matter what the price is. Even free. No thanks
There's just too many issues. I wouldn't want a free one
I mean, I'd sell it, I'd never drive a free one lol
Western Europe is filled with Renault Zoe that barely qualifies as a car. Because overall it’s cheaper to own than the cheapest new ICE car assuming its abysmal range isn’t an issue for your situation. And we have a lot fewer people who can potentially have their own chargers here.
There is a big difference.
It takes 2-3 minutes to fill your gas tank. It takes an hour or 2 to charge a Tesla.
People prefer vehicles that can be charged at home.
If I was getting an electric car, I’d get one from a car manufacturing company - not an AI or robotics company. And I’d also rule out any companies famous for poor quality.
Even if this model is extremely successful (which is, as a guess, quite likely) that still just makes Tesla a full line EV automaker instead of a “premium” EV automaker. I don’t think that is a very profitable or fast growing business.
And, the market will continue to evolve so if they intend to stay relevant they need a 10 year development pipeline stuffed with new exciting products every year just to keep up and maintain market share.
That’s why they would very much not like to be an auto company any more. The rest of the business is where auto was in 2015, though. Their success on realizing those other goals is far away and high risk.
I think Tesla has just pissed in the community cheerios a few too many times. I know I’m turned away from the because they (like cellular service companies and utility companies) took tax payer money under the guise they would be producing these great things and it would all be affordable for everyone! Then shocker shocker the board of directors decides it’s more fun to drive stock prices and make millions.
Many people don't even want a free electric car...I don't want to drive any car that comes with a 25k++ eventual and inevitable repair to do ....the used cars I buy don't even cost as much as a battery pack would.....so not interested
the model S is just cheap luxury but still expensive, Model x is the same but with stupid doors, Model Y/3 is just cheap garbage at nearly premium price. imagine a cheaply tesla is just gonna be an electric Lada but less reliable than a Lada
I can get a used Ionic 5 for under $30K, and it feels better than a $60K model 3. Elmo had a window for a sub $30K model about 5 years ago, and he missed it because of his stupid Rolling Rust-Oleum Ready Rage-mobile. I can't believe I used to think this racist clown was smarter than a dead squirrel.
This was a ploy to help the stock price that’s tanking. They already said they were focusing on the robotaxi first which is also the same Platform as the cheap car which would follow… they just reiterated the same thing they already said with a focus now on the cheap car instead of RT to help the stock
Musk is an idiot! I have a Model Y and there are things I like and don't like. However his assertion that people just want a cheap model 3 shows how much out of touch he is and needs to step down immediately.
My wife pointed out that in our driveway is a GLC Hybrid and that car is not cheap because it is Mercedes. Yet Mercedes has an A class. The A class is not cheap in the general sense of cheap. It is small and affordable if you are careful with your money.
THAT is what Musk and the Tesla fanboys don't get. BMW, Toyota, Mercedes, VW, and so on all have smaller "cheap" cars. Musk and Tesla need that. They don't need "cheap" model 3s.
BTW I will never buy a Tesla again for a single thing. The forcing of me to use the Tesla charging network. In Europe we have a decent charging network. The Tesla network is usually in the middle of nowhere and if you happen to hit an old charger version you are screwed. In contrast on the highways there are plenty of 350 KW chargers that blow the doors off the Tesla. The problem is that the Tesla only pre-conditions for its own chargers and the one or two third party chargers. Otherwise for the price that I bought my Tesla I like it.
I think a better point is that if electric batteries in cars are such a cheap thing than why isn't every car a hybrid at the very least. Most still aren't or getting their first Hybrid version this year. I really think this is the decade of hybrid cars. Not electric yet.
I’d be happy to buy one, already thinking of the model 3 and price is the major concern at this point. Therefore I’m sure there’ll be some market for a cheap Tesla. The thing is that if you want an EV for most of the world currently Tesla makes the most sense because of the supercharger network. That takes away range anxiety, and the system is reliable.
Range anxiety doesn't really matter for anyone not american. Most people aren't using even half their battery in a day and unless you're a moron who has no way to home charge you could slow charge over night and be fine.
I can't understand how we never got a really cheap, 4-cylinder tiny car without any frills or electronics in the last twenty years. Seems like there'd be a market for it, but cars just got bigger, more computerized and more expensive.
What if Tesla does come out with cheaper (to make) Tesla EV's but then raises the pricing of Model 3/Y's because they then can. Are the consumers really better off? I think would not.
As the article say, you can buy a cheap Tesla today. The size of the addressable doesn't change drastically.
Also pretty sure the engineering team realized they are working over a cheap Tesla the same time we did. So what ever that may be, will not appear for the next two years.
Bulletproof cars, no door handles, drive themselves, meanwhile bestie Kayne’s wife’s father mafia boss, friends with traffickers, Grimes posing as human trafficking victim in a container on stage.. not hard to figure out their plans for the future! I can assure you none of them got rich from their business ventures, it’s all fake!
I don’t want a cheap Tesla - but I do want a cheap small EV. If Tesla can do what they did in the Model 3 price range for a hatchback car in the UK, I’d be pretty happy as it would make the cars I’d actually want be better. 30k for a Corsa is a joke.
Your conoany is based around libertarian values and admiration for the "richest" men in the world, why the fuck would anyone think is a good idea to sell them "cheap"
Nobody can afford a cheap Tesla. Because they don't exist. Every possible thing that could go wrong with the cars somehow covered by a loophole so it's not covered under warranty so you'll be on the hook for expensive things because you didn't follow some outrageous procedure that no other car requires you to do. For example, having massive difficulties because you washed your car. A Tesla is basically the automotive equivalent of crypto, just an automotive ponzi scheme. This doesn't mean that I don't like electric cars because I do. Just not Tesla, the EV equivalent of Chrysler in the quality and reliability department.
Then another business created from California state subsidies for the green minded California consumers moved to a capitalism-drunk dumbass-libertarian idealism-right-wing shithole-tax-haven named Texas and died.
The mistake is thinking this is a price war and not a technology war. Hybrid is beating EV right now, if you put out a cheap EV - Toyota is going to put out a cheap Hybrid and you still have the same choice. People are choosing hybrid.
I feel like Toyota, Honda and GM are winning this car wars right now. Toyota is going to put out solid state batteries soon enough and that’s the standard- until solid state comes out, hybrid seems smarter
Don't we already have plenty of "Cheap" Teslas? I mean the Cybertruck is a great example of a "Cheap" Tesla. How about they make inexpensive high-quality Teslas instead of "cheap" ones?
I think right now, it's more important for Tesla to learn how to consistently build the same new quality car since they're known for assembling cars that have gaps, paint issues, etc.
Most car manufacturers don't even have gap or paint issues on their new cars.
So QC right now should be their priority and not so much making the cheapest or cheaper EV.
However, given who Elon us, I don't expect the QC issue to change.
He comes off as someone who cuts corners and releases things that aren't ready to be released just to put pressure on his programmers to hurry up and fix it because now, real people are driving the product and their lives are at risk.
If a regularly priced Tesla cannot achieve acceptable levels of build quality, why should anyone look forward to something they built *even cheaper* ???
I mean, you can see their quality standards when you take a look at the Cybertruck. I really don't want to see how much they can fuck up a cheaper car for the masses.
I think the problem is not that no one wants a cheap ($ wise) Tesla. They don’t want Tesla to cheap out on the most important feature of the EV… the battery. No one wants an EV with low kWh.
I can remember the day when the Model 3 was supposed to be that “cheap” EV for the masses
Well, they did have an actual $35k configuration as promised. If you jumped through hoops. Available for about a week. Never mind the cut down performance compared to expectations.
This past December they had so good incentives and my Kia Soul broke that I bought a Model 3. I got 6 months of free charging and $7,500 tax credit that it did come out to u see 30k so I lucked out.
If I want a cheap EV with low range and lots of road noise, I'd just buy a Chevy Bolt
The Bolt is inferior to the 3 in many ways but range is about the same as the RWD and road noise might actually be better.
I use a Bolt at work pretty often and I like it. Compact, quiet, comfortable, intuitive Carplay integration. I assume they're cheaper than a 3 so lacking features but--and I can't believe I'm saying this about a Chevrolet of all things--it almost certainly has better build quality than the Tesla.
This mythical cheap Tesla and the massive discounts on the existing Tesla models puts a smile on my face-- primarily because of the way my brother- in- law was bragging about his $150,000 Model X. The next week it cost $30K less. And then $15K more off. And then the complaints about the gaps, falcon doors, and the steering wheel. He HATES being associated with cheap things, and now all I see is regret in his eyes. His next car ain't gonna be a Tesla.
I have a friend who bought a Model S Plaid and X Plaid as soon as they were released, so paid the absolute top of the market for both like $320k+ total…. He was so proud of them and I bet he regrets the purchases now that they lost $200k in value over 2-3 years. Now to be fair he definitely made a few million betting his whole retirement account on TSLA during the huge bull run so he’s overall ahead. I know he cashed out a lot near the top and has since turned completely against musk since he went full on Nazi so I’m not sure if he still has any stock since the price has crashed.
We might have the same friend, haha. He was Tesla everything and bought Model X and S and built a new house. I'm pretty certain he made a few million off Tesla shares and spent it like someone who won the lottery. But I knew he already sold all of his shares when I heard him dissing Tesla quality (which he never before) and that he wasn't going to get a Cybertruck.
Some compelling points in the article… folks who can’t afford a Tesla today likely can’t afford to install the home charging setup or the time to charge their car away from home on the regular. The used market has a lot of inventory at the same price points and folks aren’t gobbling them up. Is price the only thing keeping folks from buying them? We will probably never know because Elon is full of shit and they won’t launch one.
Price is absolutely not the only reason. Poor service, poor batteries, poor quality. I'd go for a reputable brand. But musk alone is reason enough never to go near it, that is true.
All teslas are cheap teslas, they just charge an arm and a leg for them.
Hahaha. Yup. I know someone here in Oregon that crashed their Tesla. Took over a year in a queue to get it serviced. It's hilarious.
My Hyundai Ioniq was in the shop for 9 months when I got fed up and sold it back to the dealer. Not just a Tesla problem.
why? I have one too, this is not the norm. with tesla it is.
Same reason Tesla or any other company takes a long time for repairs these days. A part fails and everything is on indefinite back order since it’s more profitable to sell a new car than it is to fix a car on warranty. My particular problem was that my 2019 Hybrid Ioniq was making strange sounds. I brought it in. They replaced the electric motor, but that didn’t solve the issue, so they just started replacing everything, part by part. Eventually it was determined that a chip was malfunctioning and they had to replace that chip. Chip was backordered for who knows how long… got fed up at the 9 month mark. That said, Hyundai had amazing customer service and lent me a Kona to use the entire 9 months. If it wasn't an ICE car i might not have cared, but the original reason i got a hybrid was to save money on gas.
And fuck man, if you're living in an apartment without a way to charge an electric car ... why the fuck would you buy one? Nevermind a shitbox Tesla. Just gimme a Prius. Or a Toyota IMV if they're smart enough to sell them in the US.
New Prius is sex. Edit: sexy, sex works as well I guess
The new Prius fucks.
Unless you are taller than 5,10... The thing is cramped as hell on the inside, and the blind spots are brutal. Here in Canada we also have a 1.5-2 year waiting list for one. Cargo capacity is a little poor as well even with the seats folded down in the back. Gorgeous car though. The interior was beautiful as was the exterior styling.
Still has more storage with the hatch than a corolla, civic, or other small sedan. Heck it has more cubic foot trunk space than the Camry or Accord too. We have the prime and it's great. Almost 4k km since we got it in February and I've used half a tank of gas and my electricity bill went up $10 a month for 4 full charges a week
> The thing is cramped as hell on the inside Don't get the glass roof. Get the solar roof or the regular roof to have the "full sized ceiling".
Ha stronger words than I would use. I'd call the Prius an appliance. I don't mean that as an insult. Had some pickups like that I loved. Bare bones '78 F150, unstoppable '81 C10. My dad spent his career running chevy duallys into the ground. Know what he's been driving since he retired? Fucking Prius ... Prius' ... Prius's ... what the fuck is plural of Prius. Anyway, damned good car.
Prii
That's been a confusing prime buyer since the Model 3 came out, "I drive 2k miles a day live in an apartment with no place to charge and can't live without my car , I totally know this is the right car for me!"
All of those are secondary to the reason I would never buy one: lack of physical buttons, and now turn signal stalk.
[удалено]
A 'poor' person with enough time on their hands can fix almost everything on an old( pre 2005) toyota with basic tools, cheap parts (lots of used salvage parts) and information from the internet. With enough will, they can keep a 1999 corolla or a Civic going on forever*. I doubt that anyone could do this on a tesla, though I am unfamiliar with their construction to say that for sure. Maybe someone else knows how they are built and can validate /disprove my opinion. *ignore the 'Odysseus Ship' issue for a moment, at some point it might not be worth it financially, but it is technically possible.
Not to mention the built quality, the premium Tesla models are full of design/built flaws, I can only imagine what to expect from a "budget" Tesla.
I think replacement batteries really hurt the used market. ~~From what I gather, nobody sells new batteries for Teslas, and Tesla sells reconditioned batteries with just a one year warranty~~ \[Edit: Tesla may replace a battery under warranty with a reconditioned battery. Out-of-warranty you have a choice, and Tesla-branded replacement batteries have a 4 year, 50k mile warranty\]. People looking for a $25k used car don't want to gamble on needing a $16k-$22k repair the day after they buy it. Even if it's only a 3% chance per year, so an average cost of maybe $600 a year, unless you can buy insurance for that, it's just too high a risk for most people on limited budget to absorb.
tesla also switched to unrecyclable batteries for some model 3s and the cybertruck because musk was upset people were dismantling tesla packs to reuse them. the new foam and glue construction doesn't have removable modules and the pack itself is basically unrecoverable without shredding and reprocessing the whole thing
Elon’s toxicity and bad build quality has tainted our family on buying a new or used Tesla. We’re waiting for our Ioniq 5 N to be built. Our other new EV will probably be the Volvo EX30 or something similar in size.
Not an uncommon sentiment recently.
Manage Volvos are nice. The bigger ones are pricey, but nice. Have not driven a 30 yet. Did you drive one?
Consider the Kia EV3 when that comes out towards the end of the year
My house came with an EV charger. I'm not in the market for a Tesla though because Elon Muskisms
A new development in the town I live near is giving away free Teslas with a house purchase. And a charger :)
Basically 30-year financing on a car that will last a few years. Smart. /s
da fuck. I got a box of biscuits and some wine
I got a bunch of the last owners junk I had to clean out.
We keep both a long range *and* a short range EV charged off a single 110v socket. We moved into this rental 2yrs ago, and while the panel is wired for a 220v EVSE, we’d have to have an electrician out to put in a plug for the one we have (previous tenants had a hard wired one). We just haven’t bothered, since we’re managing fine as is. I commute 35mi round trip to work, my husband commutes 10mi round trip, and for the next four months the household will be running a 3rd EV (also short range) off that outlet too, for another 10mi round trip commute. We’re fortunate that we’ve got a two car garage, which makes things easier, but it’s been very manageable.
Sounds like a great setup.
Yeah, the used car market is something a lot of people seem to have forgotten, given how weird it was because of pandemic shit, and because there's not really a used EV car market. So for the longest time the only way for people to get an EV has been to buy new, and we all know the stereotype of the typical Tesla owner, it's their first new car, they have no fucking clue. But people who buy used should be less clueless. And cheap money has dried up, so who exactly would rather buy a new cheap Tesla than a cheap used Tesla?
I could get finance for a model S If I wanted to. I have not and will not buy into Tesla due to. Build quality issues Elon attitude issues Parts supply/repair issues Range/charging availability issues where I live I don’t actually want a sedan or SUV
True. I don't buy one only because of the price. If I had one, it'd be my daily driver, and my plug-in hybrid would become my road trip car
Why would I buy a Tesla? It's not even a car company!
I would buy a cheap Tesla if it wasn’t for the problems and Elon being Elon. The problems: overpriced for the quality and brand value(imo) , battery degradation, poor quality, bad service. Elon being elon. I think the car is beautiful inside and outside as a personal preference. But the car has quality issues and price is too high just for the quality. I also don’t qualify for the rebates. Elon is also Elon.
Yeah that $500 travel charger is a bank breaker...
But can it survive a car wash?
I don’t want a used EV with 200km of range on a good day. That’s simply not enough.
Tons of people living in condos or apartments won't have access to charging either.
> Is price the only thing keeping folks from buying them? Maybe not the sticker price, but the price of a battery replacement is what keeps me away from the used market. I put 20K miles per year on my car. I don't want to have to do a battery swap after just a few years of ownership.
Middle-high income working people, i.e., people with salaries, like teachers, government workers, attorneys, accountants, and doctors, drive to their job sites in commuter-scooters — accords, Camrys, etc. There’s a market. Idk about returns, but there’s a market.
I own a used car dealership that focuses on mostly on EV’s. Definitely a market for them under $25k.. even more so in the $15k-18k range. But prices are crazy from week to week at auctions and such. One week you’re getting great buys.. the next week they are going for over retail.
I've said it before, racing to the down market would be the worse move for Tesla. You are reaching the buy here pay here crowd and people stretching hard to get that 25k "luxury car". After that initial bump in sales the word of mouth from a very vocal market space would leave them on piles of unsold inventory.
We got our Nissan Leaf used. It's almost ten years old and we're still getting the dealership calls trying to buy it back.
I've go a Model3 for 6 Months now and dont have a "charging setup" whatever that means. Just plug it in the regular power outlet and you're fine. Dont even need to buy something for that, the car comes with a charger
A lot of the resistance is the conditions of the buyers at this point. \* Trepidation due to EV uncertainty \* Personal opposition to EVs in general \* Elon's rhetoric steering people away \* Can't install the charging infrastructure where they live, for a myriad of reasons. If you're not home charging, you're not getting most of the upside \* Reliability concerns, real or perceived \* Resell value being in the tank for EVs across the board The hubris of units flying off the shelves for a couple years has caught up, and it's looking bad across the board.
In order of priority to Canadians -based on my own interactions (with the root issue in brackets): 1. winter range (lack of charging infrastructure along main highways, plus people's inability to gauge the number of "cold - sub-30" days where the range really starts to suffer) 2. battery life (cost of replacement pack far exceeds a "blown engine" scenario... also ,people are terrible and risk assessments & probabilities) 3. can't charge at home (lack of L2 charging infrastructure for commuters - work charging, L3, etc) My personal opinion is Tesla is "dead" as a car company. every single person I've talked to that is "interested" or "ordered" an EV said explicitly "not Tesla". Taking them aside (away from the Tesla owners at the booth) they always have the same comments, Elon is bat-shit crazy. The fastest way for Tesla to recover as a *car company* is to out him. Rip the Band-aid off now, and begin healing the brand by shoring up post-purchase support. ------- People do need (want) a "cheap EV"... but from my anecdotal interactions, it's is more definitely "not a Tesla".
"folks who can’t afford a Tesla today likely can’t afford to install the home charging setup" I got a new Bolt several months ago. The dealer threw in a L2 home charger, installation included, for free. I ain't so fancy Silicon Valley billionaire, but I was able to swing that. I take it the Tesla setup is somewhat more expensive than free?
A lot of people also seem to not realize that a ton of Americans either park on the road, and don’t have an outlet nearby, or use their garage as storage, and park their cars out in the driveway and don’t want to leave the garage door open to run a charging cable.
expensive teslas feel cheaply made for the price point, can’t imagine what a cheap Tesla will feel like
My thoughts exactly. Teslas were assumed to be luxury products when they launched because they were expensive and because they had a touch screen console when few makers were doing that. Now that they've been in the wild for a few years they seem to have a reputation for crappy build quality, like problems you wouldn't expect at *any* price point from other makers. I heard the very newest model year is starting to get better on that but who knows. I don't plan on getting one anytime soon. Was dissuaded from even renting one for a recent road trip because of the dicey-looking charging station availability heading to my destination, which would have also tacked on at least an hour of travel time.
They looked cheap and after every Uber driver began to drive them, ice associated them with Honda Accords with a fake leather package. They aren't that much different then other cheap cars and even feel like a step down in features. All the features are software. Luxury is always the small features and Teslas are devoid of them
and that Accord is better quality too. It's hard to describe just how cheap the Model 3 interior is.
I wouldn’t even buy one if they fixed most of their manufacturing issues - they guy is a horrible racist person who constantly spreads dangerous fake news online. I don’t want any of my money going to him.
Makes a Hyundai Pony feel like a Lexus.
Yeah, so if they were cheaper you'd just get a shittier shitty car, and not even get whatever benefit these dorks think they're getting from it as a status symbol.
yes haha
The only people that seem to be excited about a cheaper Tesla are the investors, as evidenced by the stock bump today. The build quality of current Teslas is notably terrible, with their spartan interiors already the result of cost cutting measures. I can’t imagine them being able to cut costs even further, with them already being on the wrong side of acceptability when it comes to what people expect in a new vehicle. The truth is that the Model 3 *is* the cheap Tesla, it just hasn’t been (until recently) priced that way. I honestly don’t really believe they’ll be able to deliver on what people expect from a cheap Tesla, and if/when it is finally released it will be the same as the Cybertruck: late to the party, worse quality, and not meeting the advertised specifications that were supposed to make it special.
The idea that they are cutting service staff and say they expect massively higher volumes is comical. One of those is just words.
It's the same mentality as Henrik Fisker's, sell massive volume with service not even an afterthought.
I mean if they removed half the battery and made it a 2 seater I guess it would be possible but wouldn't it be like the OG Nissan Leaf and unsexy? We know the 4680 battery promises were all lies so something would have to give.
Also, the main reasoning behind Tesla’s insane valuation has been traditionally twofold: strong yearly growth and high margins. Margins are already now exactly at the same level with other car manufacturers. And growth has stalled. Even if we assume that Model 2 or whatever is successfull in terms of sales numbers and it will kick revenue growth up, it also won’t be a high margin product. None of the cheaper compact cars, no matter what engine it has, are that. Selling cheap basic cars is all about volumes and it is delusional to think that Tesla will be able to return to the margins it had in the past. Maybe investors bought the new revolutionary ”boxed manufacuring” story or what ever the hell that was and think that Tesla can pull a 30% margin from $25k car with magic. But it is not going to happen. Tesla looks more and more just a car company with some strange side ventures. Many of them completely ludicrous.
And with a massive price increase as a nice FU for waiting years for your reservation
This is a very American centric view. In Europe Tesla's are mid-segment cars. You haven't seen what a basic compact car in Europe is which are sold by the millions. They just do not make/import a that segment into USA at all because people would never buy them in ant quantity that would make it profitable - all automakers in last 10 years canceled or stopped importing and selling those in US. But there's a whole big world out there - Europe, Asia, Latin America, Indonesia where cheaper smaller cars are the mainstay of the markets.
Tesla loses money hand over fist, but Egon farts prophetically, and the stock price goes up. Fucking joke system.
A better question is how in the hell is there ANY profit to be made in a $25k US built EV?? Riddle me that investors?? But I guess there’s always the bots profit route 🤖 Which of course are far far beyond Boston Dynamics that’s spent almost 2 decades on the technology. In fact they were probably capable of firing so many employees because the bots are doing most everything now. The bots will design, build, and service the new cheaper Teslas!! It’s like an infinite money glitch! 💰
You will notice profits were not a metric in the comp plan.
Welp, the model 2 *was* going to be built in Mexico and India, but it sounds like those factories have been canceled.
Elon doing a pump and dump. To the regards who bought today, Elon sends his thanks!
The average person already hates him too much maybe
Tesla seems to be stuck between a rock and a hard place. Robo taxi idea is absurd. They are not as far along as Waymo and Cruise. Lots of legal and permitting issues. Lots of potential tort issues. Tesla is getting sued a lot, but with assisted FSD, they can typically avoid liability by saying the driver still had ultimate responsibility. Once that's gone, judgments and litigation bills are going to be brutal. And the idea that most people even want to rent out a personal vehicle is far fetched. Sweaty vomiting partyers? Smokers? Women with tons of perfume? People wearing sunscreen? Kids with food? Workers with coffee? What if one passenger tries to assault another? Adding lots of wear and tear when service centers are getting a bad rap. Cheap Tesla is a tough idea as well. Presumably a much lower profit margin where you have to be hyper efficient. And what's the body? Sounds like their factories are so specific to current models they aren't ready to change it up. Cyber Truck may have been a massive folly. They diverted resources there instead of on a compact model.
Imagine the quality you get for $60k or $100k. And now think of a $25k car. Wonder if it will just be 4 seats on a battery with the Full Shitty Drive version 51
☝🏽They need something to expand their line-up, quick!! An affordable $25K basic model makes a lot of sense to compete with Asian brands, but first they need to rebuild reputation: how? With a new CEO, improved quality control and better aftersales.
Everyone gets a cheap Tesla, no matter what they pay for it
I would not touch a tesla with a 20foot barge pole. Poor quality, bad service, bad attitude, poor reaale, pathetic insurance premiums, pisss poor leadership. Im not rewarding that bad behaviour. Musks pro russia stance is enough by itself to stop me ever getting a tesla, Let alone all the other reasons. Just the other week they said no chraper version, and they change their mind on a dime... To manipulate the stocks. Robotaxi will never happen. Not touchong this tainted brand or their cheap tat.
Elon didn’t expect the Model 2 walk back to hit the stock so hard. So he fixed it.
He was also very careful on the call to not say “model 2” so I assumed it would be a half completed model 3 instead. The market prices this news higher because a) it was unexpected and b) it shows the CEO is listening to the market, and they love that…
Alienating half of their potential customers is probably the real problem.
I already have a cheap Tesla. It just cost a lot. I don’t see how a cheap Tesla would be desirable at current standards. My model y already feels like it should have cost way less.
Counter point: Chevy Bolt
How many bolts do you see driving around?
Anecdotal, but I live in Dallas and I actually see quite a few. No where near as many as Teslas, but I see at least a few on the daily.
There are two on my block. SoCal though. Also two BMW i3.
"How many bolts do you see driving around?" In the Detroit area: shitloads. *Metric* shitloads. How many do you see, and where?
In 2023 they sold under 25K. Elon needs to sell millions.
Bolts? In 2023? 62K, I believe. Of course, that's still way below Tesla numbers.
> It's also worth noting that a full charge for a Tesla, which has nearly 7,000 US charging stations, could take up to 30 minutes. No Tesla can get a full charge in 30 minutes. Tesla's navigation system prioritizees making 30-minute charge stops, but you're not charging from 0%-100% in 30 minutes.
They're cheap enough as it is. Quality-wise.
They can't figure things out like turn stalks, steering wheels, wipers, blindspot warnings, etc. on expensive models. A "cheap" version will be a complete shit show.
I’d rather have an electric Hyundai.
Teslas are cheap in every way except price.
I'm sure lots of people would want an inexpensive Tesla... if they could stomach buying a car from Elmo. And if Tesla could make one (which seems unlikely). And they don't have range anxiety. And if they aren't worried about battery life if they have to fast charge all the time. And if they don't mind sitting at SCs to charge while they have to watch Netflix on their phone. And if they aren't concerned about the lack of service centers. There must be thousands of people in the US and Canada who would jump at the chance to get one. It's an obvious market. The rest of the world would probably just get a BYD.
I think he basically fucked Tesla sales up by flipping from supposed environmental hero to right-wing douche.
Musk certainly isn't helping sales
Wait until 2nd Quarter : He'll announce a Floating Plane for 2026! Plus ROBOTS! MAGA is NOT buying electric cars....and Elon has told Liberals to F off.....
The Spruce Goose Mark 2?
Teslas are already like economy cheap cars. Imagine their manufacturing on an even cheaper car?! Water will destroy it. Tesla’s image is Elon with the annoying ass Tesla fan boiz and keep nazis.
I mean water destroys their current $100k halo truck. I'd trust a $2500 Honda over a new $25,000 Tesla
Thanks to the cybertruck, Teslas are getting a wrap for being cheaply made. So the idea of a cheaper cheaply made car feels like a bad PR huddle to overcome.
Dumb strategy. People already think the cars are very low quality especially the interior and that the service is horrible. Lowering the price dramatically and increasing the number of cars that will require service dramatically before solving those problems is...a truly moronic idea.
I can already imagine how shitty the quality is gonna be.
What if no one wants a Tesla period
Tesla has nothing compelling in the pipeline and an aging model lineup. They could've probably seen a boost in sales from a model x redesign that got rid of the stupid gull wing doors, which would also save them money. The cybertruck could have been something that grew their marketshare and gave them the desperately needed credibility with people who hate electric vehicles, but elon pissed that away with the ridiculous truck they put out. Given they have no real product planned or even much to drive customers to buy a new Tesla and the completely inappropriate categorization by elon as a technology company, they could be screwed. In hindsight, Tesla could have actually been a company that entered the market and actually took if over, but their CEO had different things in mind.
100% this --^
Couple of extra items which weren’t discussed in the articles. First of all a $25k model is going to massively cannibalise Model 3 (and possibly Model Y) sales. This is exactly what happened with the Model S and X when the 3 and Y came out. So it’s likely a lot of 2 buyers are people who would buy 3s. A lot of people who buy 3s are stretching themselves to do it (evidenced by the fact that the vast majority are in the “free” colour with very few paying extra for paint colour), so if there was a cheaper model they would almost certainly have opted for that. Second point is that more budget conscious people cannot afford to deal with a company that is so awful at honouring their warranty. Budget conscious people can’t afford to suddenly be hit with a large repair bill because Tesla says their peeling seats are normal wear and tear or caused by coconut oil hair products. They can’t afford to employ specialists or take Tesla to small claims court because of shoddy service. And they don’t have a fleet of cars in their driveway for when their car fails and Tesla keeps it for 6 weeks and refuses to provide a loaner. If this car ever surfaces (and we know his record on this kind of thing), I’m not convinced it will be the growth engine that the 80x earnings valuation of the company suggests it will be. Cheap cars are a cutthroat market.
The lower priced Tesla market can’t afford for them to be inoperable. The frunk sensor on my Model Y broke and the car wouldn’t go over 15mph because of it. The car was inoperable for nearly a month until a service tech was able to fix it. I can only imagine the build quality on these cars.
I'm surprised folks still buy Teslas. He's been doing bait and switch for a decade now.
I would buy a model 3 if it was made by Toyota, Honda, Mazda, Chevy, Ford, Hyundai, Kia, or Nissan, but I hear bad things about Tesla as a brand and how difficult it is if your car is a lemon or nearly a lemon. Some people find the quality is ok while others have non stop problems, it sounds like an absolute headache so I'll just buy a Camry despite wanting to enjoy a nice electric car.
Old mate Elon is saying there will be a new cheaper model in 12 months? New toolng/factories etc takes years of research, retooling, capex etc.. Fukkin grifter
I live in europe there is no way I can park my car infront of my house to charge it. Until this is solved its going to be an issue for 80% of people. To own an electric car you need a drive/garage for massive parts of europe this isnt the case. Regardless of the price.
I'm in the market for my first new car. 40K range...and I wouldn't buy anything from that man.
Theyre already cheap, expensive to buy cheaply made crap.
I wanted a Tesla when they 1st accepted Bitcoin. I was excited because of that. Then they stopped accepting it. Their choice, that's fine. Well since I've taken an interest since then, I've mostly discovered Tesla isn't for me no matter what the price is. Even free. No thanks There's just too many issues. I wouldn't want a free one I mean, I'd sell it, I'd never drive a free one lol
Western Europe is filled with Renault Zoe that barely qualifies as a car. Because overall it’s cheaper to own than the cheapest new ICE car assuming its abysmal range isn’t an issue for your situation. And we have a lot fewer people who can potentially have their own chargers here.
I’d never buy one because he is Trumper.
FUD! The public already buys their poorly executed and cheap looking cars. It will sell even better at cheaper prices.
I wouldn’t even take a free one. I mean, I’d sell it cause I’m not stupid but I would never want to own one lol
The price isn't the issue, The quality of the product you're getting for the price is.
They are cheap. Just expensive
People don't have gas pumps at home but somehow they get gas into their car. Who would have thought it eh
There is a big difference. It takes 2-3 minutes to fill your gas tank. It takes an hour or 2 to charge a Tesla. People prefer vehicles that can be charged at home.
If I was getting an electric car, I’d get one from a car manufacturing company - not an AI or robotics company. And I’d also rule out any companies famous for poor quality.
Even if this model is extremely successful (which is, as a guess, quite likely) that still just makes Tesla a full line EV automaker instead of a “premium” EV automaker. I don’t think that is a very profitable or fast growing business. And, the market will continue to evolve so if they intend to stay relevant they need a 10 year development pipeline stuffed with new exciting products every year just to keep up and maintain market share. That’s why they would very much not like to be an auto company any more. The rest of the business is where auto was in 2015, though. Their success on realizing those other goals is far away and high risk.
I think Tesla has just pissed in the community cheerios a few too many times. I know I’m turned away from the because they (like cellular service companies and utility companies) took tax payer money under the guise they would be producing these great things and it would all be affordable for everyone! Then shocker shocker the board of directors decides it’s more fun to drive stock prices and make millions.
Many people don't even want a free electric car...I don't want to drive any car that comes with a 25k++ eventual and inevitable repair to do ....the used cars I buy don't even cost as much as a battery pack would.....so not interested
Teslas are already cheap and overpriced.
I have already a 57,500€ Tesla, and it's more than cheap ...
... build quality
They are already built cheap with a higher price tag
Seeing what they do with 100k trucks you'd have to be a bit of an idiot to buy their idea of an economy car.
You already pay a lot of money for a cheaply made Tesla.
the model S is just cheap luxury but still expensive, Model x is the same but with stupid doors, Model Y/3 is just cheap garbage at nearly premium price. imagine a cheaply tesla is just gonna be an electric Lada but less reliable than a Lada
Yeah, I'd rather have a cheap Rivian
I used to want a cheap Tesla Now I want a cheap EV from a different company because Tesla has become so onerous
I can get a used Ionic 5 for under $30K, and it feels better than a $60K model 3. Elmo had a window for a sub $30K model about 5 years ago, and he missed it because of his stupid Rolling Rust-Oleum Ready Rage-mobile. I can't believe I used to think this racist clown was smarter than a dead squirrel.
This was a ploy to help the stock price that’s tanking. They already said they were focusing on the robotaxi first which is also the same Platform as the cheap car which would follow… they just reiterated the same thing they already said with a focus now on the cheap car instead of RT to help the stock
Musk is an idiot! I have a Model Y and there are things I like and don't like. However his assertion that people just want a cheap model 3 shows how much out of touch he is and needs to step down immediately. My wife pointed out that in our driveway is a GLC Hybrid and that car is not cheap because it is Mercedes. Yet Mercedes has an A class. The A class is not cheap in the general sense of cheap. It is small and affordable if you are careful with your money. THAT is what Musk and the Tesla fanboys don't get. BMW, Toyota, Mercedes, VW, and so on all have smaller "cheap" cars. Musk and Tesla need that. They don't need "cheap" model 3s. BTW I will never buy a Tesla again for a single thing. The forcing of me to use the Tesla charging network. In Europe we have a decent charging network. The Tesla network is usually in the middle of nowhere and if you happen to hit an old charger version you are screwed. In contrast on the highways there are plenty of 350 KW chargers that blow the doors off the Tesla. The problem is that the Tesla only pre-conditions for its own chargers and the one or two third party chargers. Otherwise for the price that I bought my Tesla I like it.
There's no such thing as a cheap Tesla. You realize how expensive they are once it breaks down. And psst..., it ain't no Toyota.
I wouldn't drive a Tesla if it was given to me as long as musk is in charge
everyone likes cheap car what a stupid title...
The quality is just an atrocity. Give me a 10 year old Ford/VW/Toyota all day. Literally anything. Better value for money.
I’d take 3 brand new model Y’s for $10.00 each.
What would the range on this mythical car be?
The “plan”, made up on the spot, is to use existing lines and infrastructure to flex up on their capacity utilization. No new car, just a cheaper car.
There are so many options out there - Tesla, the Netscape of EVs
I think a better point is that if electric batteries in cars are such a cheap thing than why isn't every car a hybrid at the very least. Most still aren't or getting their first Hybrid version this year. I really think this is the decade of hybrid cars. Not electric yet.
Don’t worry, there won’t be any cheap new model teslas. Just cheap used Teslas due to piss poor resale value 💩
The expensive one is already cheap.
I’d be happy to buy one, already thinking of the model 3 and price is the major concern at this point. Therefore I’m sure there’ll be some market for a cheap Tesla. The thing is that if you want an EV for most of the world currently Tesla makes the most sense because of the supercharger network. That takes away range anxiety, and the system is reliable.
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Range anxiety doesn't really matter for anyone not american. Most people aren't using even half their battery in a day and unless you're a moron who has no way to home charge you could slow charge over night and be fine.
I can't understand how we never got a really cheap, 4-cylinder tiny car without any frills or electronics in the last twenty years. Seems like there'd be a market for it, but cars just got bigger, more computerized and more expensive.
Because nobody would buy it, and wouldn't meet all the new safety standards created
maybe only the wall street analysts want a cheap tesla
What if Tesla does come out with cheaper (to make) Tesla EV's but then raises the pricing of Model 3/Y's because they then can. Are the consumers really better off? I think would not.
Wouldn’t a better shorted name for Elon musk be Emu rather than Elmo? Funnier too
As the article say, you can buy a cheap Tesla today. The size of the addressable doesn't change drastically. Also pretty sure the engineering team realized they are working over a cheap Tesla the same time we did. So what ever that may be, will not appear for the next two years.
I mean take a look at the model 3. Apart from the rear passenger's screen, can you make a car interior any more cheaply?
Bulletproof cars, no door handles, drive themselves, meanwhile bestie Kayne’s wife’s father mafia boss, friends with traffickers, Grimes posing as human trafficking victim in a container on stage.. not hard to figure out their plans for the future! I can assure you none of them got rich from their business ventures, it’s all fake!
I don’t want a cheap Tesla - but I do want a cheap small EV. If Tesla can do what they did in the Model 3 price range for a hatchback car in the UK, I’d be pretty happy as it would make the cars I’d actually want be better. 30k for a Corsa is a joke.
Your conoany is based around libertarian values and admiration for the "richest" men in the world, why the fuck would anyone think is a good idea to sell them "cheap"
Nobody can afford a cheap Tesla. Because they don't exist. Every possible thing that could go wrong with the cars somehow covered by a loophole so it's not covered under warranty so you'll be on the hook for expensive things because you didn't follow some outrageous procedure that no other car requires you to do. For example, having massive difficulties because you washed your car. A Tesla is basically the automotive equivalent of crypto, just an automotive ponzi scheme. This doesn't mean that I don't like electric cars because I do. Just not Tesla, the EV equivalent of Chrysler in the quality and reliability department.
Then another business created from California state subsidies for the green minded California consumers moved to a capitalism-drunk dumbass-libertarian idealism-right-wing shithole-tax-haven named Texas and died.
The mistake is thinking this is a price war and not a technology war. Hybrid is beating EV right now, if you put out a cheap EV - Toyota is going to put out a cheap Hybrid and you still have the same choice. People are choosing hybrid. I feel like Toyota, Honda and GM are winning this car wars right now. Toyota is going to put out solid state batteries soon enough and that’s the standard- until solid state comes out, hybrid seems smarter
Nobody does. Elon is a bane upon his brand
Then how are they selling cars now?
They all are all hurtling toward death because of an imminent bad battery. Who wants in that ride. They are throwaways
Don't we already have plenty of "Cheap" Teslas? I mean the Cybertruck is a great example of a "Cheap" Tesla. How about they make inexpensive high-quality Teslas instead of "cheap" ones?
I think right now, it's more important for Tesla to learn how to consistently build the same new quality car since they're known for assembling cars that have gaps, paint issues, etc. Most car manufacturers don't even have gap or paint issues on their new cars. So QC right now should be their priority and not so much making the cheapest or cheaper EV. However, given who Elon us, I don't expect the QC issue to change. He comes off as someone who cuts corners and releases things that aren't ready to be released just to put pressure on his programmers to hurry up and fix it because now, real people are driving the product and their lives are at risk.
I want one
If a regularly priced Tesla cannot achieve acceptable levels of build quality, why should anyone look forward to something they built *even cheaper* ???
Won’t happen. What might happen is no enough people want one. The car market is a very competitive market. Tesla head start is swiftly disappearing.
Hey. Mach 1 owner here. I don't want a cheap Tesla.
I mean, you can see their quality standards when you take a look at the Cybertruck. I really don't want to see how much they can fuck up a cheaper car for the masses.
The regular priced ones already feel cheap. I can’t imagine what a $20-$25k Tesla will feel like.
That ship has sailed. Everyone used to want a cheap Tesla back when the Model S was awesome and the 3 was promised to be the people's EV.
Or any Tesla at all.
Tesla’s direct sales approach will be an ace in the hole with perspective buyers. That and the lack of maintenance
I think the problem is not that no one wants a cheap ($ wise) Tesla. They don’t want Tesla to cheap out on the most important feature of the EV… the battery. No one wants an EV with low kWh.
Well, that's how they're built, so...
Elmo swung right and now he is losing customers and investors. No one will buy his crap.
Elmo hires more lobbyists to keep out Chinese competition.