Unlikely. Demand is still too strong…no need.So what do you guys Think, after the large price cuts on the Tesla, Will Porsche also slash the prices on Taycans?
Tesla isn’t lowering prices because their supply chain problems went away or because their costs of doing business went down. They are doing it to hurt their competitors and to discourage new entrants into the EV space. Once this tactic has had the desired effect (or is proven to be ineffective), their strategy of increasing price will resume.At least in the US, people are missing the broader picture.
We've had supply issues, which has led ALL manufacturers to raise prices. The difference is that Tesla sells direct, and raises the prices directly. Porsche/Mercedes/BMW but also Ford/GM did raise prices somewhat, but primarily it was dealer markups that increased.
Those same dealer markups have been disappearing. And so it's not surprising that direct sales companies like Tesla will now show visible price cuts.
So - I don't think we will see discounts, but
1) markups are in fact becoming less common and also smaller
2) I bet the next model year will see a smaller increase than it otherwise would have
Lowering prices to better compete is actually "market competition working as intended".Tesla isn’t lowering prices because their supply chain problems went away or because their costs of doing business went down. They are doing it to hurt their competitors and to discourage new entrants into the EV space. Once this tactic has had the desired effect (or is proven to be ineffective), their strategy of increasing price will resume.
Elon, is that you? . Jk……Lowering prices to better compete is actually "market competition working as intended".
My point is that everybody is reducing prices. It's just that it's not visible for other OEMs because there, it's about "market adjustments" melting away, vs list price changes.
Oh I wish.Elon, is that you? . Jk……
I don't see any incentive for Porsche to decrease their prices at this point... especially considering existing demand (as mentioned).So what do you guys Think, after the large price cuts on the Tesla, Will Porsche also slash the prices on Taycans?