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Our Tesla Model X SUV Had A 25%+ Price Increase In 18 Months


               
2022 Apr 30, 4:09am   2,732 views  14 comments

by ohomen171   follow (2)  

#teslapriceincrease I got curious. 18 months ago, Elena and I bought a Tesla ModelX SUV. The total cost including State of California sales tax was $100,000. I looked at the price of the car today with the following results:
List Price of Vehicle: $114,990.00 US
State Sales Tax: $ 10,786.05 US
Total Drive Off Cost: $125,776.00 US
This indicates a price increase of over 25% in 18 months. Part of this price increase is inflation that is racking us now. Part has to do with chip shortages and higher prices of materials like lithium, nickel, rare earths, etc.
Tesla has a unique system of selling cars. One does not go to a dealer and buy a car. Rather, one goes to Tesla.com. The car and all its features are selected. Payment is arranged for the vehicle. The car is manufactured and sent to one of Tesla's distribution centers.
We have a Tesla distribution center a couple of miles from the house. The last time I drove by there I would estimate that in excess of 100 cars were on the lot awaiting the pickup from buyers. The higher prices do not seem to be hurting Tesla's sales or profits.

Comments 1 - 14 of 14        Search these comments

1   BayArea   2022 Apr 30, 6:16am  

Does it do burnouts ?

I have a rule that I don’t buy any car that can’t lay 50ft of rubber through an intersection.

Because I’m a man and life is short! (Insert tiger roar sound)

After that we can talk CoO, styling, resale, utility
2   RWSGFY   2022 Apr 30, 7:28am  

$125K for a minivan is nuts.

But as a shareholder I salute all Tesla buyers.
3   Tenpoundbass   2022 Apr 30, 7:54am  

Nah it's just Elon sticking it to the people who have the mads because he bought Twitter, so they are dumping his stocks.
He knows they'll still buy his Tesla car anyway, because they've been brainwashed into thinking it would be a sin not to.
Don't forget Jack, Liberals are fucking Nuts!
4   socal2   2022 Apr 30, 8:50am  

RWSGFY says

$125K for a minivan is nuts.

But as a shareholder I salute all Tesla buyers.


Yeah - that is really really steep. My new Model Y cost less than half that and that is still very rich for my wallet.

It is a fantastic machine though and should be able to drive it forever with little cost. Sandy Munroe just test drove an X and loved it.
https://www.youtube.com/watch?v=4JSMGjzIb7g&source=patrick.net
5   socal2   2022 Apr 30, 8:56am  

Tenpoundbass says
Nah it's just Elon sticking it to the people who have the mads because he bought Twitter, so they are dumping his stocks.


I bought a couple more shares this week. Tesla's fundamentals are so strong now.......no debt, industry leading margins,10+ years head start on everyone else who are drowning in debt, and Tesla's ramp over the next 12 months will be bonkers with Austin and Berlin.
6   clambo   2022 Apr 30, 9:03am  

At $125k I don’t know how many people can buy one of those.
I’m spending only $30 per week on gasoline so I’m okay with my wheels.
Although Twitter makes little money, it’s got a virtual monopoly on its type of product, unlike Tesla.
I’m amused by all of the events but glad that someone is going to punish the censors.
7   richwicks   2022 May 17, 10:44am  

HunterTits says



Dude, this is getting a little annoying placing on every post.
8   BoomAndBustCycle   2022 May 17, 11:38am  

We test drove a Tesla Model 3 last summer and loved it. So wish we woulda have just bought it but didn’t really NEED IT so figured we would wait a bit. Now we are officially tired of our econo-box vehicle and are shopping again and the base model 3 is $7k more and a 3-6 month wait. I feel like frivolous spending is being rewarded. Electronics and cars are suppose to depreciate… the world is upside down.

Then again, I had FOMO about crypto and tech stocks from March 2020-now and it all came crashing down… so I’d imagine the same will happen eventually once supply chain issues work themselves out. An upcoming recession should fix those supply chain issues fast…. When people start cancelling those pre-orders
9   richwicks   2022 May 17, 11:48am  

BoomAndBustCycle says
lectronics and cars are suppose to depreciate… the world is upside down.


You're paying for the lithium and it's not economically worthwhile to recycle - i.e. to recycle the battery takes more energy than to dig new lithium out of the ground.

Want to make a lot of money? Figure out a way to recycle the lithium efficiently. The power needed to recycle them is enormous.
10   komputodo   2022 May 17, 11:49am  

ohomen171 says
Elena and I bought a Tesla ModelX SUV. The total cost including State of California sales tax was $100,000

Thats a steal...only 100k for a car to get you to costco and chik-fil-a
11   komputodo   2022 May 17, 11:50am  

richwicks says
You're paying for the lithium and it's not economically worthwhile to recycle - i.e. to recycle the battery takes more energy than to dig new lithium out of the ground.

As long as there is lithium in the ground
12   richwicks   2022 May 17, 12:13pm  

komputodo says

richwicks says
You're paying for the lithium and it's not economically worthwhile to recycle - i.e. to recycle the battery takes more energy than to dig new lithium out of the ground.

As long as there is lithium in the ground


Return on Energy Investment becomes the limiting factor - also China has a great deal of control on lithium production even though the top producer is Australia. The US isn't a significant producer. Since lithium is basically a strategic metal, those producers should band together. Electric cars - who cares? Cell phones and electronics they can quadruple the price easily. Apple charges $1,000 for a phone, they can afford to spend a bit more for a battery.

Ultimately, we need a better form of energy storage. Lithium is awesome, it's NEAR a theoretical maximum energy density, we're not going to get much better than that with a battery - maybe a fuel cell can do it, but with hydrogen there's a ton of problems with it.

From my point of view, the push to electric vehicles is not an economic one, it's pie in the sky green energy bullshit. On one hand, it has some conveniences, in that the motors are a lot simpler, but on the other hand, the materials for the battery are very expensive and the charge time is awful. You don't care of course if you're charging your car at work or in your garage - but then we don't have the necessary infrastructure for electricity distribution and I don't see any effort to fix that.

I worked in this industry, and there's just so much fucking bullshit with it. The grand vision of some stupid German twats is that your car will be used to store energy and dump it into the grid during off peak. It's got to be the dumbest idea ever. Every time you discharge your lithium ion battery, you reduce its lifespan. Meanwhile, there are SOME promising technologies if liquid metal batteries - these are batteries that are operating at like 400C with liquid metals - they have to be heated (and insulated) but because the anode and cathode are liquids and an electrolyte salt divides the anode and cathode (it's arranged as metal, salt, metal - all floating on top of one another) they literally never wear out. You get what are called dendrites (little spikey things) where the anode and cathode eventually touch and short out - these are liquid, so that never happens - there are no dendrites ever formed.

The downside, you can't move these around while they are in operation.

Trying to make an electric car today is kind of like trying to make a high speed train in 1900 using coal and steam. It could be done. We have technology to do this, SORT of, but it's too early and maybe even not ever practical.

Electric cars just aren't practical yet, not to replace ICE vehicles. People realize this, this is why there's a move to force everybody to work from home. They are trying to end the need for general mobility.
13   TheAntiPanicanLearingCenter   2022 May 17, 12:58pm  

My Coachman Legacy was $37k MSRP in May, 2021.

Today, the same model is $54k MSRP as of April, 2022. Same exact "Swatches" etc, and no new features.
14   komputodo   2022 May 17, 2:15pm  

richwicks says
Ultimately, we need a better form of energy storage

But new battery technology is just around the corner...(said in 2000, 2010, 2020) LOL

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