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At Tesla's profit margin and economies of scale, it might be the first decent sub-20k USD EV
by xqcgrek2 4y ago
At Tesla's profit margin and economies of scale, it might be the first decent sub-20k USD EV
- gst 4y agoAre there any new ICE vehicles currently selling in the US for less than $20k? I'd expect the Model 2 to be priced at least at $30k.
- devoutsalsa 4y agoThere are some low end Nissans, Kias, and Mitsubishis on cars.com for sub-19k USD as of right now.
- LanceJones 4y agoThe Model 3 SR in China is ~$33000USD and in the US (after tax credit), about $34000. Tesla is aiming for a much lower cost to produce... they've stated 50% COGS of the Model 3, which would put its cost at about $18000 USD. Their goal is to achieve > 20% gross margin, which would still be achievable at a selling price of $25K USD.
- geerlingguy 4y agoExcept... by the time it actually ships, probably $40k :(
- heartbreak 4y agoA base model Nissan Versa is $15k MSRP. They have other models in that range. Or you can get a new Toyota Corolla for $21k MSRP, which is close enough.
- throwaway5959 4y agoNow do the math for now expensive the gas is for that in LA going out to the next ten years assuming ten miles a day commute during the week and 30 miles on weekends.
- heartbreak 4y agoWhy am I pricing the gas in LA? Most car buyers do not live in LA.
- tharkun__ 4y agoWith how the Hoover dam and others are looking as well as taking into account a rising number of people that will want to charge EVs, maybe you want to do some scenarios around electricity pricing as well.
- 8uhaal 4y agoThe people increasingly charging their EVs from their solar panels on the roof?
- nytesky 4y agoAs more and more cars become electric, wouldn’t the price of gas also drop in the next decade?
- heresie-dabord 4y agoHeavy industrial demand won't change. And let's not expect the petrostate cartel to make the transition away from their product to be an easy one.
- htag 4y ago1. Less than a handful. $25k brings several options. 2. To effectively be a $20k car EVs have an advantage because of their tax subsidies. {Base Price} - {Tax Credit} < $20,000 is plausible. It's impossible to say who will qualify or how big of a tax credit US customers will have by the time this would launch.
- Hamuko 4y agoNissan Versa, $15,830 Mitsubishi Mirage, $16,245 Kia Rio, $16,750 Hyundai Venue, $19,650 Kia Forte, $19,690 Subaru Impreza, $19,795 Kia Soul, $19,890
- throwayyy479087 4y ago[dead]
- tristanj 4y agoTesla is behind the competition. There are already multiple sub-20k USD EVs on the market, such as the BYD e2 ($15k) or the Geely Geometry EX3 (below $10k).