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      12-10-2022, 10:28 PM   #106
chad86tsi
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Quote:
Originally Posted by stein_325i View Post
The future for Lucid is starting to look a bit worrisome.

Lucid Offering Discounts On Some Cars, And That May Be A Sign Of Low Demand

That's too bad really.

Tesla prices are down as inventory surges and demand softens. There are several price/demand factors at play for all premium cars.

Demand is a little harder than it would otherwise be,” Musk said.

Looking at the Tesla site in the "existing inventory" tab there are 37 model 3's within 200 miles of me right now, when typically there are between zero and 3, and they are all discounted ~3000-5000 each. All their other models are also all 10 times the normal stock levels and all are deeply discounted.

Porsche Taycan sales are also way down at -30% YoY, despite total sales being up 2%. Audi EV sales are down even more YoY.

Something is up with the industry. My guess is they are building more cars than people want, and the current market doesn't favor cars at these price points.

Last edited by chad86tsi; 12-10-2022 at 10:52 PM..
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