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

Amazing the way some people who have never actually sat in a Tesla can comment about premium 😉

Model 3 was originally supposed to be the $35k car in the US (when it was announced) . With the latest drop bringing the price in Ireland down to just below €44k after grant.

I was originally supposed to buy an id3 tour 5 for a little lower than that and when VW didn't come though on that order, but tried to suggest an Id4 instead, I did some mental mathematical gymnastics and bought a Model 3.

At the current prices, given the features of the Model 3, the state of public charging infrastructure and state of software updates, etc., I don't think the Tour 5 would have gotten a look in (I know you can't order them any more).

I think that's what the price does for those considering an EV. Makes Tesla an option from the start (or perhaps a second hand one at a very good price). It'll also perhaps put pressure on some of the incumbent manufacturers to shave some off their prices too.

Tesla may pick up a few extra Premium Connectivity subscribers, or those who will purchase or subscribe to EAP/FSD (I wouldnt recommend it yet in EU) and a few more using the supercharger network.

It can also put Tesla M3/MY in the picture for those who might have been considering one of the new China-based brands that are coming to Europe in a big way in the next 12 months.

Poor build quality you say....

Suspect your talking out of the wrong end of your body

I took your first post be in in trolling category tbh. The comment above is more credible though.

I took a few test drives in other EVs. The original Ioniq 28 I liked, except for the look of the cloth seats in the Irish model. The leather in the UK models was much nicer. The tiny and obscured rear window turned me off that car which was a leader in its day.

Sticking with Hyundai, I also test drove the Ioniq 5 last year. I hated the interior and plastics. The car was really roomy, but was underwhelming and I didn't think the price was justified then...certainly not now.

I had ordered a Leaf 40 which I like the interior of at that price-point. It's neat and doesn't have a thousand buttons in front of you. Some manufacturers seem to think you can justify a a large price increase if you just add a few more buttons.

The i4 my SIL happens to own...I generally really like BMWs even though they aren't premium anymore, they are still a nice car. The aesthetics on the faux grille are just ridiculous. The inside just felt claustrophobic for what is a large saloon. They wasted so much space in that car it is a sin. The price....well, knock 20k off it and maybe, just maybe I would overlook the teeth.

I haven't looked at Peugeot EVs. I don't like Peugeot as cars in general. I find them to be very vanilla. Also my last work van was a very uncomfortable Peugeot and seeing the logo on a car would make me wince every morning 😄.

For me, the M3 is a great car. It performs well, it has great tech, it is super safe, well built and I can't see any cheap plastic from where I sit. The price was a bit rich to justify for me, as I tend to go with what is practical and necessary in cars, rather than what I want. I only ordered the M3 because the Leaf 40 I had ordered was delayed with no delivery date in sight and a realistic overall delay of 13 months from time of order, instead of the original 3 months I had been promised. The M3 arrived within weeks of ordering. At the current price point, I don't think there is a better EV out there and that's the truth of it.

Is a 45k Model 3 not affordable? Repayments of 650 a month after a deposit of 10k (or equivalent trade-in) seems very affordable to me and i'm not exactly rolling around on a mattress of cash. My colleagues spend on average 100 per week on Diesel...some considerably more. It costs me less per month to own my M3 than a colleague driving a 3 year old Golf with repayments and a fuel bill higher than 100 per week. I also bought at the higher price.

Maybe for someone doing town miles wouldn't make any sense, but for the average joe doing a couple of hours commute per day, it makes all the sense in the world imo. If you can afford to repay a Golf....you can afford to repay a Model 3.

It's hard to know from this thread if Tesla is a car company or a political statement

Your right, I think the first ones were available at that price.

So, taking into account the extra battery capacity and features in the models (plus 5-odd years of inflation) then €44-45k is a fair enough comparison price, I reckon

Does one have to be middle class to buy a bog standard VW Golf? I wouldn't have thought so. Here's why...

Borrowing the full amount of €35k, the repayments to AIB over 5 years are just shy of €720 per month. Say they have 10k cash or trade-in for a deposit, the repayments are then reduced to a bit over €500 per month. My very non middle-class colleagues spend on average €100 per week on Diesel. Call it €400 per month. Excluding any other costs, that's €900 per month for the masses.

My own relatively short distance commute can be used as an example. I drive 70km per day or 1400km per month using a 28 day schedule. With Diesel costing €1.68/L and a generous real world MPG of 50MPG, the cost per month is over €130. So, for my measly mileage, I would be paying about €650 per month to service the loan and fuel costs.

If I bought a new Model 3 now, the repayments after a 10k deposit would be €670 per month. I typically use 60kWh per week, or around 200kWh per month for my commute. Electricity prices vary, but I believe my night rate is around 12c at present, not the cheapest, but probably average for EV owners with home charging capability. That's less than €25 per month for my commute unless my math is bad. Quadruple my commuting distance for fairness and the cost of servicing the loan and fuel is less than €770.

A Golf is what I would consider to be a car affordable for the masses. Would you disagree?

The problem is not class. The problem is a lot of people see the headline price tag and look no further. Running costs need to be considered.

I say; If you can afford a Petrol or Diesel Golf, you can afford a Tesla.

I've had a few small jobs done by the ranger. Broken seat switches where the kids just fcuk schoolbags into the car and walloped the switch. Had a squeaky suspension joint that the ranger also fixed free of charge. So it does happen to others and not just fanboys.

On to the price drop. Worldwide this will bring thousands if not tens of thousands of new customers. How many of these people will now choose a Tesla in the future and how many will recommend Tesla to friends and family?

Tesla's were always over priced, they literally have no interior

No affect on the finance company whatsoever.

The gmv is guaranteed by the marque or the garage.