7 ms·

Good. This could force Tesla's hand to make super cheap EV. Musk and crew know how to make cheap stuff - they've chosen high margin for Tesla however.

rcpt 8mo ago
Not good for the brand to chase byd on price
- lawn 8mo ago
  They've already become a cheaper brand here in Europe.
  - pzduniak 8mo ago
    BYD quite literally matched their prices here with the Seal and both brands offer equally stupidly good deals vs the current interest rate here in Poland. They just can't compete with luxury brands that don't sympathize with fascism. People just don't want to advocate for their own demise.
probablycorey 8mo ago
[flagged]
frogperson 8mo ago
Id rather it force him into bankruptcy, but i would settle for slimmer margins.
esafak 8mo ago
Almost every model they released was cheaper than the last, and that was Musk's open plan.
bluGill 8mo ago
I'm hoping brands like Ford, GM, Toyota, ... take notice. The big names that make a lot of cars don't have a cheap option.
_ea1k 8mo ago
I don't think it will change anything for Tesla, unless it lowers their costs through lowered tariffs somehow. TBH, Tesla is in a tough position with their EVs in NA. They can't really build a cheap enough crossover/suv to compete directly with ICE RAV4, and virtually anything they do at >$50k would negatively impact their existing product sales. The base Model 3/Y are too expensive compared to ICE and have met tepid reviews because of their slightly odd mix of price and features. So they've chosen instead to focus on autonomy and car hiring. I can't blame them for that. There's a huge potential for recurring revenue in that space and they've been positioning themselves to be in an excellent position to capture a lot of it over the next five years.
- rootusrootus 8mo ago
  > They can't really build a cheap enough crossover/suv to compete directly with ICE RAV4, and virtually anything they do at >$50k Doesn't the Model Y start at 40K? That's more expensive than the base model RAV4, but the Tesla is probably aimed at a slightly different market segment too. My guess is they could compete head-to-head on price if they needed to, but they don't think the math works out better that direction yet.
czhu12 8mo ago
Tough part with China is that Tesla could fully replicate all chinese EV businesses and still be more expensive without government subsidies and currency devaluation.
- overfeed 8mo ago
  Tesla already manufacturers and exports cars from China.
pornel 8mo ago
Tesla will instead announce $20K AI-powered flying cars on Venus instead, available next year.
tencentshill 8mo ago
They can only compete with a subsidized product with their own subsidized product. The car company that exclusively makes EVs went all-in on the party that promised to destroy EV subsidies. Who's he going to beg to, California? They hate him too.

rcpt 8mo ago

Not good for the brand to chase byd on price

lawn 8mo ago
They've already become a cheaper brand here in Europe.
- pzduniak 8mo ago
  BYD quite literally matched their prices here with the Seal and both brands offer equally stupidly good deals vs the current interest rate here in Poland. They just can't compete with luxury brands that don't sympathize with fascism. People just don't want to advocate for their own demise.

probablycorey 8mo ago

[flagged]

frogperson 8mo ago

Id rather it force him into bankruptcy, but i would settle for slimmer margins.

esafak 8mo ago

Almost every model they released was cheaper than the last, and that was Musk's open plan.

bluGill 8mo ago

I'm hoping brands like Ford, GM, Toyota, ... take notice. The big names that make a lot of cars don't have a cheap option.

_ea1k 8mo ago

I don't think it will change anything for Tesla, unless it lowers their costs through lowered tariffs somehow. TBH, Tesla is in a tough position with their EVs in NA. They can't really build a cheap enough crossover/suv to compete directly with ICE RAV4, and virtually anything they do at >$50k would negatively impact their existing product sales. The base Model 3/Y are too expensive compared to ICE and have met tepid reviews because of their slightly odd mix of price and features. So they've chosen instead to focus on autonomy and car hiring. I can't blame them for that. There's a huge potential for recurring revenue in that space and they've been positioning themselves to be in an excellent position to capture a lot of it over the next five years.

rootusrootus 8mo ago
> They can't really build a cheap enough crossover/suv to compete directly with ICE RAV4, and virtually anything they do at >$50k Doesn't the Model Y start at 40K? That's more expensive than the base model RAV4, but the Tesla is probably aimed at a slightly different market segment too. My guess is they could compete head-to-head on price if they needed to, but they don't think the math works out better that direction yet.

czhu12 8mo ago

Tough part with China is that Tesla could fully replicate all chinese EV businesses and still be more expensive without government subsidies and currency devaluation.

overfeed 8mo ago
Tesla already manufacturers and exports cars from China.

pornel 8mo ago

Tesla will instead announce $20K AI-powered flying cars on Venus instead, available next year.

tencentshill 8mo ago

They can only compete with a subsidized product with their own subsidized product. The car company that exclusively makes EVs went all-in on the party that promised to destroy EV subsidies. Who's he going to beg to, California? They hate him too.