Seeking Alpha
  • Andrei Volgin
    $TSLA is cutting prices for Model S: I guess, the high demand is over.
    Mar 7, 12:50 PM
    Reply (17)
    • J*H*M: Before this Germans could save 7000EU by buying Model S in Norway, importing and paying taxes. Good to equalize prices.
      Mar 7, 12:58 PM
    • Klaus88: It's only a way to improve demand while EUR/USD raised up in one year so they don't lose anything.
      Mar 7, 1:03 PM
    • Andrei Volgin: You can interpret this cut anyway you like, but I know one thing about business - you don't cut prices unless you have to.
      Mar 7, 1:45 PM
    • infinite1: $tsla spin- We are cutting prices to increase demand for batteries, therefore increasing new factory margins, increasing profits in 2022 !
      Mar 7, 2:11 PM
    • Klaus88: Sure, but you have to what? May also be to increase additional demand. Additional demand would translate into more external investments.
      Mar 7, 2:11 PM
    • infinite1: I must be missing the $tsla response of an average of 100 S models being sold in Germany and France each month, 2 biggest markets for the S
      Mar 7, 2:15 PM
    • sa_member_F5 Key: JHM, nice point. It makes sense that if Musk really wants to build out Germany I could c why they would do this to cradle the German market.
      Mar 7, 2:28 PM
    • sa_member_F5 Key: unfortunately, real multi-nationals try to maximize each market as it comes without sacrificing one for the other. the correct answer would
      Mar 7, 2:29 PM
    • sa_member_F5 Key: been to actually raise prices in Norway.
      Mar 7, 3:03 PM
    • evalcrux: I sort of agree with F5 on Norway. Sends wrong message for TSLA, but extends the 'cheap TSLA period'. Maybe trapping more shorts, who knows
      Mar 7, 3:33 PM
    • Keith_69: I'm still getting a Z06 C7 Corvette, I don't care how much they drop the Model S price. :)
      Mar 7, 3:41 PM
    • J*H*M: Their aim is to make the same gross profit in USD on a vehicle regardless of what country it is sold in. This is their notion of fairness.
      Mar 7, 4:30 PM
    • sa_member_F5 Key: JHM you are correct on what Musk has said about social-fairness-profit-margins, but other CEO's laugh at the naiveté in such remarks.
      Mar 7, 4:57 PM
    • Klaus88: But we know that around Tesla common sense change a lot eheh
      Mar 7, 6:14 PM
    • BSmike: The fairness is a big win in China ... Respect is a big deal in most eastern countries (I think)
      Mar 8, 6:37 AM
    • sa_member_F5 Key: BSmike: your fairness argument is a false dichotomy. (fair or not fair), - when you incorporate a company they don't ask such questions
      Mar 9, 5:24 PM
    • sa_member_F5 Key: rather, Did the company perform at its highest level possible? is the real question. / I suggest u quit everything & join a non-profit IMHO
      Mar 9, 5:25 PM