Tesla Is Offering up to $30,000 in Showroom Discounts

Megalith

Megalith

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Tesla is offering showroom discounts and lowering interest rates to boost sales before the end of the quarter: while the company has made a policy out of always offering the same prices everywhere, some owners are reportedly getting emails offering a “up to $30,000” showroom discount on P100D vehicles. These are listed as new but have some mileage and wear and tear.

There has been speculation about Tesla having difficulties achieving its sale target for the second half of the year after the company confirmed adding a new $700,000 incentive to the compensation plan of Jon McNeill, Tesla’s President of Sales and Services, just linked to reaching third and fourth quarter 2017 goals. Now those discounts are sure to add to the speculation, but it’s important to keep in mind that Tesla made that delivery guidance already a month into the quarter with a backlog of orders, therefore, they generally have a good idea of what they are going to deliver in the next 2 months.
 
These are the vehicles that have been put in launch mode over and over for test drives. They go for around 140k normally. A good deal comparatively, but they aren't the same as a new P100D.
 
EODetroit said:
These are the vehicles that have been put in launch mode over and over for test drives. They go for around 140k normally. A good deal comparatively, but they aren't the same as a new P100D.
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What's launch mode? 30k seems like a pretty good discount for what I assume is a display model (with a few miles on them).
 
nilepez said:
What's launch mode? 30k seems like a pretty good discount for what I assume is a display model (with a few miles on them).
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Launch mode = vehicle computer setup to allow the driver to go from a dead stop to maximum acceleration by stomping on the accelerator. Lots of sports/super cars have it, but what that means is you're talking about a car where people have been repeatedly testing the 0-60 times every day.
 
Merc1138 said:
Launch mode = vehicle computer setup to allow the driver to go from a dead stop to maximum acceleration by stomping on the accelerator. Lots of sports/super cars have it, but what that means is you're talking about a car where people have been repeatedly testing the 0-60 times every day.
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The question is, does that really matter with a brushless motor? Other than the fact that drive shafts are considered mechanical fuses in ev drag racing(which teslas dont have) is there really a problem? Its not like and ICE car with a gear box.
 
EODetroit said:
These are the vehicles that have been put in launch mode over and over for test drives. They go for around 140k normally. A good deal comparatively, but they aren't the same as a new P100D.
Click to expand...

Yeah,

I was hoping maybe some leftover 70D's or something going for steep discounts.

I would buy that in a second.

This? No. I don't want a $140k car that has been beat on for $110k...
 
nightanole said:
The question is, does that really matter with a brushless motor? Other than the fact that drive shafts are considered mechanical fuses in ev drag racing(which teslas dont have) is there really a problem? Its not like and ICE car with a gear box.
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The biggest failure component from repeated launches from what I've read is usually the transmission. For example, Nissan was at one point threatening to void the warranty on early GTRs for using the launch mode Nissan programmed it with because transmissions were shattering left and right. Otherwise, you're still putting a lot of extra stress on the suspension, brakes, tires, electric power delivery, battery cooling, and even possibly the engine mounts because the thing those motors are most known for is torque.

I bought a used high performance car that, while not exactly babied, was never beat on. Would I have bought a dealer demo with a few thousand miles? probably not.
 
nightanole said:
The question is, does that really matter with a brushless motor? Other than the fact that drive shafts are considered mechanical fuses in ev drag racing(which teslas dont have) is there really a problem? Its not like and ICE car with a gear box.
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Still quite a bit of stress on the system dealing with all that instant torque application from a rest. Not to mention it eats tires, and it's a big hit to battery longevity. And none of that really matters if it's still fully warranted (other than the tire wear).
 
So Musk gets about 30,000 per vehicle in government subsidy/tax credit from what I've read. Funny how 30,000 is the reduction.
 
Depending on how many cars are being discounted, might or might not materially impact the quarter's results. +- 100 cars won't worry stockholders. +-20,000 cars might. Besides, Tesla can probably write off the discounts on their tax return as a promotional expense.
 
I'm suspecting there's a product refresh coming up soon, I'd bet the internal cabin is gonna get a redesign and they're clearing old inventory to make way.
 
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Hate to be on sales floor, they must be riding them hard to hit their metrics. God, I hate end of quarter.
 
Adopting the "bad news is still good news" strategy that Tesla investors have been using, expect the stock to go up tomorrow like 5% because clearly this means they will sell more, or something like that.
 
Wierdo said:
Just gonna repost this:
https://hardforum.com/threads/tesla-looking-to-build-factory-in-china.1937952/#post-1043078682

"For example, Ford got 59 times as much in subsidies, GM got 108 times as much, and Exxon got almost 8 times as much."

But Tesla gets special scrutiny from the old guard for some reason of course, maybe cause of the Koch funded tabloid documentary last year, who knows.
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GM also sold 130 times more cars and probably employs more people and generates more revenue directly and for related businesses by several magnitudes.
 
Meeho said:
GM also sold 130 times more cars and probably employs more people and generates more revenue directly and for related businesses by several magnitudes.
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GM got more of the research grants due to said size at the time yes. But such grants are in place to promote innovation of startups not pad big corporations. As we can see these days, such companies are not the ones innovating, too conservative to risk their bread and butter, too established to turn on a dime, a dinosaur entering the age of mammals.

Small startups like Tesla on the other hand are keeping us competitive with China's current aggressive push into multiple interconnected future energy/mobility markets, projected to hit tens of trillions of dollars in size in a generation or two. GM got dragged kicking and screaming into making something better than just lazy compliance vehicles.

And that's the point of these funds, to help keep us ahead on that cutting edge, if we fall behind on solar, storage, autonomous driving or electric mobility then companies like BYD will be the one taking over instead - already double Tesla's size and already rapidly making major inroads into shuttle services as we speak.
 
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