And no ultrasonic sensors.
Now seeing inventory in San Jose, CA for every spec / trim / color / wheel combo for 3 and Y
2 Likes
And Corte Madera is packedā¦like parking on the street packed.
Yikes - Tesla might have a massive deliveries miss on their hands this quarterā¦
1 Like
The car carriers Iāve seen on my 80 commute have been mostly Korean and Japanese, with a few Ford thrown in (saw a Lightning on a carrier Friday). The days of multiple Tesla carriers per commute are in the past.
You can see, in the dataā¦ the lack of inventory all summer and then doors falling off towards end of quarter into Sept and now continuing into Octā¦
2 Likes
Maybe theyāll throw out a sweetheart offer like free supercharging for a year to shore that up.
Got a MY reservation at 56k that Iām prob going to pass on. I remember during the beginning of covid people were refusing delivery and prices eventually dropped. Donāt know whoās paying 65k for this thing.
Thatās a sweet price point to be in for an MY and not lose much value as you drive off unless you donāt plan on keeping it longer than a month.
65k was a good deal when they were selling for over msrp in the market but itās a different story today.
2 Likes
are you in california?
Are you following the Model Y Performance as well? How are the 2022s looking in terms of resale value?
As both MY and M3 have cutover to model year 2023, I will be adding these datapoints to the chart when they become available in Manheim.
Right now, for 22 model year the performance models track about $4K higher then the LR models. The gap is much smaller as you go back model years.
1 Like
It should be noted that the average miles for a 2022 is 6K and for 2021 20K.
For example, if you have a new 2022 MYLR with 500 miles, that gains a +$1600 adjustment
3 Likes
Which is interesting because the new cars will be coming without ultrasonic sensors so that should in theory make the older cars more valuable ā For now.
The Fremont built Ys after mid October will have the Comfort Suspension and have a softer rider like other EVs. Thatās my biggest complaint about the current Y,
The tax credit will push prices down further though.
Is the tax credit even confirmed?
1 Like
I donāt think average buyers are sophisticated enough to know these kind of nuances. Maybe some of them know the general implication of the tax credit because itās somewhat being talked on the news.
1 Like
There is a upper limit on Tesla demand but I think itās oversupply too. Austin just hit 20K cars built and is expected to produce another 10K by early Dec.
30K is basically the entire year supply of Ioniq 5 or EV6s in 2022. Non Tesla EVs are beginning to sit on lots too so overall demand is waning too.