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      12-12-2022, 10:48 AM   #108
Mr Friese
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Drives: 2011 M3
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Quote:
Originally Posted by chad86tsi View Post
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.
I think most people are simply waiting for the new incentives to open up in 2023. Not mention the re-eligibility of Tesla, Chevy and Nissan for said incentives.
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