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It's a great quarter for Tesla, but how much was driven by the end of the tax rebate in the US at the end of the year? It'll be interesting to see how Q1 2020 c
by MDWolinski 7y ago
It's a great quarter for Tesla, but how much was driven by the end of the tax rebate in the US at the end of the year? It'll be interesting to see how Q1 2020 compares in terms of deliveries in the US. International growth may become a higher percentage of growth over the next year, if they break it out that way.
I'm also wondering if sometime in 2020 Tesla reduces the price of the vehicle to offset the previous tax incentive.
- rconti 7y agoIf I remember correctly, it was down to $1850 for Q4, from a high of $7500 when we bought ours. We've been hearing this "what about when the tax handouts go away" story for awhile, and it hasn't really panned out. Of course, Tesla has taken the edge off of that by strategically lowering prices, but now that it's down to $1850 (well, okay, $0 today) the benefit is marginal at best. I actually had 3 friends ask me, unsolicited, for my referral code, in Q4 alone. 2 of those have been delivered, one hasn't ordered yet. My only other referral was a year ago. If anything, the increasing interest over time surprises me. I really did think they'd have a hard time sustaining sales once the initial backlog cleared out.