Tesla Model 3 - V3.0

speedfreak

https://www.boards.ie/discussion/comment/120599774#Comment_120599774

Not sure. Was happening during night. Will check next time

Casati

https://www.boards.ie/discussion/comment/120598299#Comment_120598299

Tesla make a lot of money on trading on car to third party traders - this is generally why dealing with a trader directly will see you end up with a better deal. The same is true for selling any old car to a main dealer when buying a new car.

Tesla are retailing second hand Tesla's at high prices so potentially they might offer decent money if you are trading a used Tesla but are very impacted by their ability to do this its only one dealer in the country with v limited space/ resources to deal in used cars.

wotzgoingon

https://www.boards.ie/discussion/comment/120599669#Comment_120599669

What are RCBO MCB?

They are the breakers in the fuse board controlling the charger. Like you said they are not tripping so the fault obviously isn't there and is some where else.

sk8board

a couple of zero mileage white on black m3 LR’s in inventory for €49750, base spec. It’s only €150 less than list, but quicker delivery I suppose.

eagerv

https://www.boards.ie/discussion/comment/120602179#Comment_120602179

I thought the list for base LR was €49746.

Gumbo

https://www.boards.ie/discussion/comment/120602326#Comment_120602326

https://www.boards.ie/discussion/comment/120602179#Comment_120602179

Standard price is €49,746. So no difference.

sk8board

Ah ok, so zero discount, just a quicker delivery (presumably).

theres a red 221 LR with alloys in the neighbouring village, which would’ve been €65k outside the grant, maybe €4-5k for the options and maybe another €4-5k of interest if it’s on finance, making it a €75k car.

Gumbo

https://www.boards.ie/discussion/comment/120602852#Comment_120602852

221 LR.

red was option.

19” wheels an option.

what other options make up the 4-5k?

€67k for a white on 19” wheels this time last year so add the red which is €2300 makes it a €69,300 car at that time.

now, that car is €54k new 😮

sk8board

https://www.boards.ie/discussion/comment/120602990#Comment_120602990

I was assuming the red and the alloys was €4-5k, making it €69.x as you say, and then the finance cost.

if range is your primary reason for the LR, as opposed to 0-100 times, that rwd LR (if it’s released here), will be about a €46k car

notahappycamper

To order a M3P now or wait for the refresh which seems to be due later this year?

Gumbo

https://www.boards.ie/discussion/comment/120603462#Comment_120603462

I’m holding onto my 2020 M3P until I see the refresh before deciding.

sk8board

https://www.boards.ie/discussion/comment/120603462#Comment_120603462

I wouldn’t rule out another price drop at all on the current model.

If there’s one flaw in Tesla’s model of not having a dealer network, it’s that excess inventory is visible to everyone.

compounding that, Tesla have very publicly said in their Q1 financial filings (which are governed by fiduciary duty etc etc), that they will value volume over margin - and you cant shift excess volume without price reductions.

With the mid April price drop barely denting inventory, I’d expect another one. Not sure I’d take delivery of an m3 until there’s clarity on the mid life refresh and its price point.

Gumbo

https://www.boards.ie/discussion/comment/120603521#Comment_120603521

True about any brand I suppose.

I wouldn’t be buying a golf today based on the hoards of inventory VW North Dublin have in the fields at Charlestown SC. Visible for all to see too.

KCross

https://www.boards.ie/discussion/comment/120603521#Comment_120603521

it’s that excess inventory is visible to everyone.... compounding that, Tesla have very publicly said in their Q1 financial filings (which are governed by fiduciary duty etc etc), that they will value volume over margin

He also said "orders are in excess of production" so dont pay too much attention to anything he says other than the actual bottomline! 😉

excess inventory

Also, isn't some level of inventory inevitable? Tesla considers each car inventory until the day the customer drives away with it, so all cars in transit would be considered inventory... right?

And hence, as they scale up they will have a corresponding increase of cars in inventory (i.e. in transit, on ships). Thats not indicative of a problem though. They mentioned this on earnings call too about more cars in transit.

Or is your inventory analysis more detailed than that? i.e. They have thousands upon thousands of unwanted cars sitting in a parking lot somewhere?

sk8board

For sure Tesla would be on the far left of that graph, with Toyota, but the point is - just imagine how many dealerships Toyota have, and how many dozens of models they manufacture, and how many cars of each model they have in the yards of all those worldwide dealerships. That graph includes in-transit inventory too.

Tesla have 2 models, and no traditional dealerships, so inventory matters far far more and is magnified when it rises.

what is without question is that tesla are slashing the prices to shift unsold inventory.

here’s European new inventory, to today. This includes 2 price cut periods which had no effect on inventory.

https://tesladata.mattjung.net/

KCross

https://www.boards.ie/discussion/comment/120606077#Comment_120606077

what is without question is that tesla are slashing the prices to shift unsold inventory.

It is very questionable.

The figures you are sharing are no more than background noise in terms of statistical relevance.

A few thousand cars isn’t even a ship load. You can’t extrapolate anything from that.

sk8board

https://www.boards.ie/discussion/comment/120606142#Comment_120606142

Interesting. So, in your view, why did Tesla cut over 20% off the prices of their 2 models two weeks into Q1 and Q2? Amongst other localised cuts, like Germany yesterday, mid quarter

josip

https://www.boards.ie/discussion/comment/120606077#Comment_120606077

I think the only thing the bar chart depicts is that on the 12/4 something changed regarding when Tesla lists cars in Inventory. Maybe they started listing more "coming soon" cars earlier on while they were on the boat from Shanghai? We also know from the TMC forum that they've shipped Ss and Xs from the US in April for the first time in 12 months which explains those units.

KCross

https://www.boards.ie/discussion/comment/120606390#Comment_120606390

To increase demand, of course. As they bring all factories up to capacity they have more wriggle room to reduce price and they need to bring more people into the Tesla price bracket. They wont sell millions per year at €60k a pop.

But that's a bit different to your narrative. Tell me if Im putting words in your mouth but you seem to be saying that Tesla sales have stalled and that inventory is skyrocketing and hence they had to adjust price to "sell unsold inventory". The suggestion being there are cars piling up somewhere?

Thats clearly not what has happened. The "inventory" being reported arent official figures and more importantly the numbers are tiny in relative terms, not even a ships worth. Of the 2500 reported, 1200 were Model X's which Tesla said were in transit in Q1 as they resumed international deliveries. You cant deduce anything from those numbers.

My guess is that they dropped the price because they see competition heating up, they had increased prices prior to that and had priced themselves too high. They want to bring a whole new set of potential buyers into the net. They are also adjusting per market so a drop in the US or Germany doesn't mean we'll see the same here. Its a myriad of reasons, not "we've a few thousand inventory cars, lets drop the price by 20%".

innrain

I read the https://tesladata.mattjung.net/about-the-data/ page which describe the way data is gathered and I must say I have my doubts it is an accurate way of reporting. That is because the inventory in DE could be listed in FR. I checked Belgium website and some vehicles have location as Rotterdam or Zeebrugge some are Coming soon. On the NL website there are some cars in Rotterdam as well. Are they counted twice? On the Irish website are some S and X listed with Southampton. Pretty sure they are advertised on the UK as well. Not saying there is no value in the data but as the number of cars produced and advertised increases the errors in counting based on this method would increase .

Then it is the timeline questions. The European data starts Jan 2023 while US Oct 2022. I find this to be quite small timescale to create a trend and form an opinion. Also, considering that the factories output is on ramp I would suggest to normalize the inventory data. If I look at @liamog's graphs it is exactly that. Days of supply represents the available inventory divided by the numbers of cars produce in the same time frame. That will accurately compare to other brands or national averages. Otherwise you're left comparing to past results which are missing and are affected by different external factors ( inflation, war, chain-supply, pandemic and so on). Even so because of the production ramp, past results are irrelevant.

Fingleberries

https://www.boards.ie/discussion/comment/120605006#Comment_120605006

For "More orders than we have cars" likely just refers to the Boards population - it seems that most boardsies have at least two or three Teslas orders on the go at once to hedge their bets on delivery dates 🙂

josip

@AndyBoBandy or anybody else who's taken the car to Europe. Does the car automatically switch the lights for driving on the right based on the GPS or is it a setting somewhere?

https://www.boards.ie/discussion/comment/120607562#Comment_120607562

It didn't 2021 but who knows what the situation is in 2023. I'll find out in July.

josip

https://www.boards.ie/discussion/comment/120608273#Comment_120608273

So you still had to use the stickers?

bf

Anyone who has a grant qualifying M3P since the price cut gotten a delivery date range or hidden VIN yet? None for me, so I'm thinking very unlikely to get before the grant change now in July 🤔

Gumbo

https://www.boards.ie/discussion/comment/120608554#Comment_120608554

M3P is caught up in the revenue stat code issue unfortunately.

talla

https://www.boards.ie/discussion/comment/120608273#Comment_120608273

Yes i was suprised by this, any basic headlight LED's that I have had in the last couple of cars have had an option in the infotaintment to switch.

In the online manual (Maodel Y anyway) it does state

"Headlights do not require adjustments when temporarily driving into a region where the traffic direction is different (for example, driving in right-hand traffic region, and then driving into a region with left-hand traffic)."

However on the TMC forums for UK there are several threads which appear to indicate that the current "Matrix" headlights do not autoadjust and that you need to manually lower the left headlight a couple of ticks.

https://teslamotorsclub.com/tmc/threads/crossing-to-france-from-uk-mylr.292634/

https://teslamotorsclub.com/tmc/threads/what-happens-when-you-drive-from-uk-to-europe-headlight-self-drive-overtaking.251723/page-6#post-7568718

liamog

https://www.boards.ie/discussion/comment/120608414#Comment_120608414

A person at the Tesla shareholder event asked him would they consider advertising in light of the fact that many people have a misconception of what comes with a Tesla.

Advertising for the Model 3 will likely increase the reach to people who wouldn't have considered buying one because Tesla only make very expensive premium cars. If you want to sell cars to the Corolla buying masses then you need to spend a bit of money advertising to them. It's just another sign that Tesla are becoming a perfectly ordinary auto maker who are trying to sell cars to average consumers.

bf

https://www.boards.ie/discussion/comment/120608691#Comment_120608691

I’d be happy to be caught up in the stat code issue, have no hidden vin & generic April - June delivery date. Realistically, a car would need to be allocated on a boat from Shanghai by early next week to make it here before grant reduction date (unless there is a cancelled order). No M3P in inventory for them to fire sale either for me 😂

AndyBoBandy

https://www.boards.ie/discussion/comment/120607562#Comment_120607562

Yeah, It did for me… most of my driving was during daylight hours but on the return leg I had about 2 hours of darkness driving on the Autobahn, and as there was a fair bit of road works, there was a lot of slow driving close to the car in front and I definitely noticed the left beam was sat lower that there right beam, which is completely opposite to what I see in Ireland.

mines a 2020 SR+ so non matrix lights..