Long term effect of Tesla Cars price drops on Tesla's Motors brand?

once you think perfection has been achieved progress stops !!!

There is always room for change and room for improvement. Tesla not changing the basic look of the car for years helps cut costs in tooling and production. As a long term play I'm not sure how buyers will take it ... would you upgrade your 5 year old Tesla for something that looks identical ? some will ... many won't

As for share price, too many speculations

you need to know in a bull market it doesn’t matter what is the company’ real value, it’s all about investors and big money playing games of the market.

in a bear market it’s the same. Big money made a lot of profits by shorting Tesla.

buffet always say invest in the value of the company, he is playing a loooooong term strategy.

I still believe in short term there is always chances.

BTW, I am still holding 130 shares of tsla bought at $140 😩

be prepared it will go to $167 or $70 😱

Lots of talk here about premium, but what does that even mean anymore? Premium seems to be still associated with legacy manufacturers in Europe who make and sell expensive cars with the latest features, cutting edge technologies and great performance with quality build and materials.

Whatever about the price drop which has wiped thousands off the price of my recently collected M3, I am still driving what I consider to be a premium car, because it has the hallmarks listed above. I've owned most of the so called premium brands and aside from the fact they were ICE vehicles, the only notable differences worth mentioning were the amount of buttons in them and the enclosed driver feeling (especially in the BMW) which was very snug.

Unless I have good reason not to, I will stick with the Tesla brand. A new car price drop affects used car prices, but sticking with the same brand this drop just means that getting a second Tesla for the household just became way more affordable.

Interesting about car design and evolution, yes we are all used to most traditional manufacturers updating their models every 4 years or more, often just a few cosmetic tweaks to make us feel as though we need to change and get the latest and greatest. Even when they fully update the model, it is only a few mm added here or there so they can market the huge increase in interior space..😊.

I welcome what Tesla have been doing, cars are being continuously updated even if you do not feel the need to change. If we didn't have our silly number plates would be difficult to tell the year of a Tesla.

Tesla is now a more mainstream brand than it ever was, with lots of cars on the road. This price drop May have come to a shock to many recent new to EV/Tesla, but for those who have been Tesla owners or followers for longer, this isn’t anything out of the ordinary - the profit margin they have in cars is way bigger than any other manufacturer, so they can be flexible.

It’s just as probable that there could be a decent price rise again in next 12/18 months as another price cut

"manufacturers don’t make money updating your software for free ina car they’ve already sold you"

I'd have to disagree there. One of the biggest reasons I chose a Tesla was because they regularly update and improve the cars with software updates. I bet that alone is a distinct reason many lean toward Tesla purchases and that in itself increases Tesla sales revenue and profit. The idea that an issue can be fixed over the air without having to go to the dealer is a huge plus.

My top reasons in order of importance were:

Safety

Range

OTA updates

Desirability

Access to public charging network

Apple have always been about innovation and style at a high price. They have never made this a secret. However, Musk has been saying for the last decade what the plan with Tesla was. In essence; make a really desirable and expensive electric sports car for the rich...Roadster. Use this money to make a really desirable high end saloon/family car to sell at lower prices in larger numbers to the upper middle class....Model S. They added Model X in there too moreso as a higher end vehicle with more bells and whistles. Finally, use the profits to grow and produce a main stream EV for the masses to afford...Model 3. Later adding Model Y for those looking for a roomier hatch.

Tesla had first mover advantage (more or less), but they haven't flipped at all. It was always the plan to get as many affordable EVs out there as possible while still creating an desirable and efficient product. I would say they are well within the original goals set.

All they need now is the Tesla ID.3/Born😁 and they are well set up. The competition surely see this now as Disruptive Technology..

That description doesn't sound anything like any Tesla I've sat in. In any case, I wouldn't take a test drive in a car I considered to be ugly, but maybe that's just most people. It's probably why I didn't take a test drive in the apparently premium BMW i4. Those beaver teeth on the front end accompanied by the hugely over inflated price and the "rent your heat" options just wouldn't suit me. Maybe it might be the car for you if you prefer that sort of premium.

What is Tesla if not a car manufacturer?