Why Tesla Cars Are Getting Cheaper When Others Are Getting Expensive?

enveloped on 19/10/2021 - 07:01
Last edited 20/10/2021 - 18:55 by 1 other user

AFR said that currently cars are expensive and the situation will continue to 2022.

Second-hand car prices have jumped 34 per cent on average in Australia since a year ago, and are up 10 per cent since the start of January. Moody’s Analytics senior economist Michael Brisson said on Thursday that even when supply of new cars built up again after a semiconductor shortage, high used car prices would persist well into calendar 2022 even though the rate of growth is now slowing.

Then I noticed that Tesla 3 deals are coming and coming and more are being shipped from Shanghai. Is it something special about EVs that is not affected by the global supply chain problem?

Should I sell my Holden Acadia while none-ev cars are expensive, and buy a Telsa?

Automotive Car Electric Vehicle Tesla Inc

Comments

      • MITM on 21/10/2021 - 12:02
        +1

        Rumbling (?)
        Pro boost mode (Ludicrous mode)
        (Home)Loan deposit
        Feeling left out (FOMO)

        • buckethat on 21/10/2021 - 12:28
          +2

          Even with that, I still dont understand what he's trying to say.

  • payless69 on 21/10/2021 - 12:33
    +2

    AFR is perhaps the worst publication?

    Stupid Tesla takes deposits for the CT but refuses to process orders for the SUV!

  • jaimex2 on 21/10/2021 - 17:48
    +1

    A lot of reasons.

    Tesla don't have a chip shortage because they make their own.

    The bulk of the cost of a Tesla is the battery pack and those are getting cheaper to make.

    Manufacturing moved from the US to China.

    Production continues to ramp up. Bulk buying gets cheaper for them.

    • tonyjzx on 21/10/2021 - 20:57
      +2

      This is it. Elon was smart in that he committed to more production during covid so his processors werent affected by lack of silicon.

      Same as Apple.

      Everyone else scale down production… look at idiots like Ford who had to make cars without ECUs then parked them so production could be kept up.

      Then they await for precious ecus to arrive then install them into the 'ecu-less' cars.

      Further while Tesla prices have fallen a bit they arent really all that noticeable to someone who can afford a $60k car vs. a $65k car.

      Elon is also scaling up factories with Shanghai and others in the EU.

      Is anyone else doing that?

      And now petrol prices are sky high. Who's the smartest guy in the room?

      • paradise on 22/10/2021 - 14:36

        Elon musk barely owns any patients of his own

  • Tiredman on 22/10/2021 - 09:48

    I like Tesla, makes sense for our family. we have solar and we are self employed working from home so the car is always charged during the day. Long wait for the 7 seater Model Y though.

  • paradise on 22/10/2021 - 10:03

    You'll be waiting months for production

  • 4253-716HT on 22/10/2021 - 16:21

    Tesla is natively an EV car company. They built their technology and factories entirely for manufacturing EV vehicles. They are the leader and primary innovator in the space. Their repution is solely built on an EV platform.
    I am very surprised all other companies that are trying to mimic Tesla successes building second rate EV cars and charging exorbitant prices in their initial step into the EV market.
    Kia and Volvo, as some of the examples, building unproven EV technology. Manufactured EV cars and planning to sell them at higher prices than comparable Tesla model. I am completely gobsmacked!!!
    Anyone buying EV cars from these brands at the prices they are asking for are simply stupid!

    • tonyjzx on 22/11/2021 - 17:38

      This seems to be my thoughts. Every time a conventional car company introduces a new EV it ends up being mediocre at best.

      eg. Subaru Solterra SUV

      range is a mere 220miles or 350km

      why do they even bother??? unless they want to release a mediocre product because they want you to buy their ICE Subaru until 2030/35 until they cant.

      I do get the hate for Tesla, I really do but the thing is for $60k there's none better than a base Model 3.

      There's a reason why Tesla has a market cap of $1.2 trillion, Toyota is $300 billion and Tesla's 'value' is more than every other company added up.

      I dont like Elon but really, they need to make a Model 2 and $40k aud SUV and really kill the dinosaurs still out there. And this is from someone who loves V8s. These conventional companies need to die, like yesterday, like Holden.

  • Antikythera on 22/10/2021 - 18:37

    EV are new technology. ICE are a mature technology. The material, transport and labour cost increases due to Covid disruptions are more significant in mature industries. The savings from increased volume and process efficiency improvements in the newer technology have outweighed the increases in costs.

  • [Deactivated] on 23/10/2021 - 09:08
    -1

    Just going to leave this here:

    https://www.youtube.com/watch?v=4_LT9oqc4Qc

  • rektrading on 26/10/2021 - 09:37

    when this hits 1k I'm out.

    TSLA is at $1,024. Time to sell?
    https://ibb.co/3RbLByh

    People that don't think that TSLA can do an 18x from here should sell, sit on the sideline and watch it continue to break ATH.

    TSLA could be on the way to becoming the second most sought after liquid asset by end of this decade.

    • Danstar on 26/10/2021 - 10:19

      Shattered when it dropped to under 700 around August, I only bought a dozen or so shares! The way it's going, the guy who said it'll be 45k a share in the future might be right! lol

      • rektrading on 26/10/2021 - 10:45
        +1

        People often underestimate how hard an asset can pump before the flips bearish.

        Let's see if it can hit $1300 by Dec 31 2021. That is only +27% from here.

    • Bid Sniper on 26/10/2021 - 10:48

      Future of TSLA is looking good acutally.

  • sockpuppy on 04/11/2021 - 17:59

    Love my Tesla, wouldnt swap it for any ICE on the market ( unless I could sell it $$$ and buy the Plaid S $$ and keep the $).
    Elon talks about the machine that makes the machine. He is right, the mega factories that make Tesla 3 and Y are fully integrated, each will pump out 1-2 million cars a year at a profit margin that others dream of.

    Telsa not perfect , certainly in Australia they have some ramping up of service and support as they transition from specialist car company to mainstream. However the brutal reality is ICE car companies not building EVs enmass today they are actually dead, they just dont know it yet.

    • tonyjzx on 22/11/2021 - 17:41

      conventional ICE is riding the oil wave until the EU and whatever tell them to stop in 2030/35.

      until that time they will profit billions every year on ICE.

      they are dead but they want to make as much money before they are forced to go EV.

  • sm3llycat on 19/11/2021 - 22:20

    yes

Login or Join to leave a comment
Login Join