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> I thought the Y was most similar to the X? IMO, all Tesla vehicles (so far) are pretty similar to each other. On the one hand, Y is a less expensive X. On
by nordsieck 7y ago
> I thought the Y was most similar to the X?
IMO, all Tesla vehicles (so far) are pretty similar to each other.
On the one hand, Y is a less expensive X.
On the other hand, Y is a bigger 3 with a hatch back.
I'm not an expert in automotive consumer behavior, but I have to imagine that Y will cannibalize some amount of 3 sales. I also don't think that will matter that much - there is so much demand for Tesla vehicles that they are battery limited.
- manmal 7y agoAlso, Ys are more expensive, meaning an increased bottomline if they really displace 3s.
- xkjkls 7y agoIncreasing the top line, not necessarily bottom line. There is nothing to indicate that Ys have better margins than 3s.
- mehrdada 7y agoThere's some evidence: pretty much same platform as 3 should imply roughly the same cost structure for the Y. That+higher price implies higher margin. It would be akin to Performance Model 3 in that sense.
- xkjkls 7y agoThere is still more material in the Y than the 3. That doesn't seem to indicate better margins
- manmal 7y agoBut they might have reduced the number of stamped parts by an order of magnitude, improved wiring in a revolutionary way (there’s a patent by Tesla for that), MUCH less R&D and production setup than model 3 (they won’t make all the mistakes twice),... and let’s not forget economies of scale, they will produce more Y than 3.
- xkjkls 7y agoAll of this is theoretical and we don't have any real data on how it will affect gross margins. When the car is larger, many things are going to be more costly, like painting, which takes up a significant part of automotive margins.