$35K Model 3? - Jaguar I-Pace EV400 Forum
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post #1 of 53 (permalink) Old 03-02-2019, 12:50 PM Thread Starter
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$35K Model 3?

I think the $35K Model 3 will result in some strong incentives on the i-Pace. I suppose it will take a few months for JagUSA to see any effect, though?
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post #2 of 53 (permalink) Old 03-02-2019, 01:21 PM
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I think the $35K Model 3 will result in some strong incentives on the i-Pace. I suppose it will take a few months for JagUSA to see any effect, though?
If there is any Tesla impact on JLR, it will be because of the $12-18k drop in price on the S and X rather than from an entry level 3.
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post #3 of 53 (permalink) Old 03-02-2019, 01:52 PM
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If there is any Tesla impact on JLR, it will be because of the $12-18k drop in price on the S and X rather than from an entry level 3.
Agreed the model 3 is not in the same catagory and I am not sure someone would look at the two and go Model 3. In fact by the time you take the Model 3 to AWD and a few things it hits $50K already and is still a way inferior and different car.
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post #4 of 53 (permalink) Old 03-02-2019, 02:22 PM
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The new prices do mean you could get an X Performance - without Ludicrous mode for 100k now though. That's a fairly significant price drop.

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post #5 of 53 (permalink) Old 03-02-2019, 02:43 PM
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TSLA got a double whammy Mar 1. A billion in bond payments, and a $4 billion market cap drop that kept them from using stock to pay the bill.

So, they have taken some fairly radical moves to fix this.

Shutting down some sales facilities.
Collecting deposits for Model 3 SRs, first cars go anyone who is still holding a reservation. The general public should see cars this summer possibly, if at all. They made a promise of a $35k 220mi EV to the reservationists, which could cause a class action if they don't deliver to those who gave money in 2016. They made no such promise when the dissolved the queue last year.
Discounting upgrades to those who didn't buy AP or FSD, which is 'free money'.
Increases in SC rates.
Lowering cost of Autopilot.
$80k entry point for the Model S, 270 mile edition.
$89k entry point for the Model X, 295 mile edition.

For a company that has said they are supply constrained, the only reason this would make sense is to get as much cash up front from purchases and upgrades as possible at the expense of profitability in the next quarter. Another logical acct'g methods is to delay deliveries.

The next logical move would be to put in some CCS locations at remote SC locations (which are not profitable) that are underutilized and charge a high price to non-Tesla models.
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post #6 of 53 (permalink) Old 03-02-2019, 03:00 PM
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At this point, regardless of sales numbers, the I-Pace stands in a Class of One. It is the only "luxury" EV available so far. Which is why I have an I-Pace and not a Model S.
When kitted in a similar fashion in the US, the I-Pace is still significantly cheaper than the Model S.

The I-Pace and it's competitors, the Audi and Mercedes, will affect MS/X sales in two ways. Choices, and hesitation. Tesla played the Hesitation game very well, they thrive on it, but now, the shoe might be on the other foot.
History: An EV was being driven by the press in early 2016. It claimed that it would be $30k after rebates, and have "over 200 miles" of range. So when Tesla had their presentation, Elon said $35k and 220 miles to make folk hesitant of the new EV. These were not accounting numbers, these were a weapon against a competitor.

The irony is that the "Bolt EV" can be found for about $25k after rebates, easily goes 240 miles, and made it's production deadline. Chevrolet threw keys to a handful of reporters and told them to meet up 240 miles from the presentation location. All the Bolts made it, one with 50 miles left. Nobody else so far has done such a thing.

Now they have a minor marketing problem. Tesla and their followers have been spending a lot of time scoffing at 240 mile class stripped EVs as not having the range, and lacking free supercharging. Now they are selling exactly such vehicles themselves.

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post #7 of 53 (permalink) Old 03-02-2019, 03:15 PM
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Don't forget that in 2019 Tesla also lost the full $7500 federal EV rebate that all other manufacturers, particularly new EV entrants JLR, Mercedes, and Audi will enjoy for some time.
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post #8 of 53 (permalink) Old 03-03-2019, 10:45 AM
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Yep. Kudos for Tesla for kicking-off EVs, and the Bay Area here has officially gone "a Model 3 on ever corner," which is great to see; but I really think they need to do something about their interiors to remain competitive (or perhaps most people don't mind). I picked up a $71k I-Pace, and there's nothing at Tesla I'd rather have. And SO weird, I woke up this morning to 250 miles in range. Whaaa?
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post #9 of 53 (permalink) Old 03-04-2019, 10:59 AM
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I know that Tesla is taking a minimalist design approach with their cabins, but I cant help but be unimpressed with the quality of the materials used in their vehicles, even at $35k. They've also said they plan on closing all their physical stores and doing majority of their sales online. Are people that comfortable buying a car sight unseen?
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post #10 of 53 (permalink) Old 03-04-2019, 11:11 AM
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I doubt many are buying completely sight unseen or without bugging a friend to get behind the wheel.
I believe the customer can reject the vehicle on the spot if it has a significant build defect.
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