Quote:
Originally Posted by The Champ
It appears that Tesla has been overcharging for their products, rather dramatically prior to this year.
In 9 months, Tesla has dropped the price of the Model S by $30,000 and the Model X by $41,000.
If you bought an S or X a year ago, your vehicle has depreciated an extra $30 - 41,000, over and above the normal depreciation of a one year old car.
The less expensive Models 3 and Y have also received significant discounts in the last year.
My niece and her husband bought a Model 3 last year and they have suffered hyper depreciation on their "green new deal" vehicle.
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Being devils advocate here. Wasn't the big 3 also guilty of the same thing? For years they sold trucks at high prices, then at the end of they model year, offer $10,11,12,000 rebates on their trucks. They "overcharged" their customers for 9 months, then offer huge discounts. They didn't have to build a huge overage of trucks. The real value of those american trucks were the discounted price.