Economy
Related: About this forumTesla Just Dropped the Price on All of Its Cars
Justin T. Westbrook
58 minutes ago
Teslas lineup just got a little bit cheaper, a cargo ship is currently on fire in the Pacific, Faraday Future is being sued again, and more on The Morning Shift for Wednesday, Jan. 2, 2019.
1st Gear: Every Tesla Is Now $2,000 Cheaper
Since Tesla passed a total production of 200,000 electric cars in 2018, the full $7,500 federal tax credit for electric cars expired for Tesla at the switch to 2019, dropping the available tax credit down to $3,750.
To make up for it, Tesla has dropped the price of the Model 3, Model S and Model X all by $2,000, according to a statement from Tesla to Electrek. It doesnt quite level out to the old credit, but still leaves shoppers better off.
The Model 3 now starts at $44,000, the Model S at $76,000 and the Model X at $82,000.
The company also reported an 8 percent increase in deliveries in the fourth quarter of 2018, up to 90,700 cars from the previous record of 83,500 in the third quarter of last year.
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and:
Tesla shares tumble after missing delivery estimates
Link to tweet
PoindexterOglethorpe
(25,862 posts)but $44,000 is still about twice what I'm willing to pay for a car. Actually, it is at least twice what I've ever paid, and that was for a brand new Outback a while back.
My most recent car purchase, a 2017 Fit that I bought in September, was noticeably less than half.
WhiteTara
(29,718 posts)$20,000 or so for old technology. So I just keep driving my old car waiting for the right ones to come along. THe difference too with an electric, there is no gas and oil bills. Of course, electricity costs.
PoindexterOglethorpe
(25,862 posts)At least it was compared to the 2004 Civic I'd been driving.
Although I gather you're saying you won't buy another gas powered car. Unfortunately, we seem to be very, very far from truly all-electric cars. There are plenty of hybrids out there, although I didn't look at them when I was on my most recent car-buying journey.
WhiteTara
(29,718 posts)We live in the country and have to haul lots of stuff so economical cars are out. Still waiting for a good truck or van.