Tesla Model 3 - V3.0

podge1979 · 06-01-2022 10:13PM

https://www.boards.ie/discussion/comment/118429816#Comment_118429816

Ok we agree then the market is not being serviced by Tesla.

UK and Ireland tracked at a similar level on EV's and % of which were telsa.

Ireland registered a 18% increase 2021 UK registered 40% increase.

This coincided with energy crisis in UK and also change in logistics now for Irish cars through Europe instead of UK now.

sk8board · 06-01-2022 10:17PM

The flip side of course is that if they sell in niche numbers, you could easily buy the absolute entry level €49k M3 this year and sell it 3 years time with less than €10k depreciation. The upgraded m3 is now a great great buy - but again, it’s €50k, so the volume just won’t be there.

Casati · 06-01-2022 10:21PM

https://www.boards.ie/discussion/comment/118429669#Comment_118429669

I think its because of the dealer network - up till v recent only have one dealer who is in Dublin. I almost never see one in Kerry but see plenty of ever more expensive SUV's down here

sk8board · 06-01-2022 10:33PM

https://www.boards.ie/discussion/comment/118429914#Comment_118429914

The only market we should care about is Ireland - and you’re right that it’s under serviced by Tesla, but the other guys are throwing out EV’s by the dozen now, so any semblance that Tesla were early to our market is gone, and range anxiety isn’t nearly the issue people thought it would be, so the Tesla marketshare will always be v low here.

tesla require that ‘hype’, and the hype right now is on other EVs - and Tesla will be relying on the 3 for Irish sales for literally years to come - meanwhile lots of cool cars we don’t even know about yet will be hyped, announced, built and delivered - and Tesla will still be touting the M3.

so if you’re wondering if the M3 is going to get more updates than windows Vista over the coming years, the answer is a big big yes

MightyMunster · 06-01-2022 10:47PM

Saying the other brands are throwing out EVs isn't really true though. Hyundai and Kia perhaps, although they're often more expensive than a Tesla. VW huge waiting lists and again costs as much as a Tesla once you spec it the same.Toyota zero, BMW is it 50 i4s for Ireland this year?

Ireland is always at the bottom of the food chain for cars nothing new here.

podge1979 · 06-01-2022 10:55PM

https://www.boards.ie/discussion/comment/118430040#Comment_118430040

Your missing my point I'm not slagging off the car it's fabulous, I've spent 6 months trying to get one.

The point is Tesla are not servicing the demand in the Irish market compared to other markets.

And in this we need to look at the UK as ok only RHD markets (bar Malta in Europe I think).

Do not think Tesla will have the advantage going forward nearly all cars coming in 2022 from other OEM's will have SOTA updates.

Mercedes have beaten them to L3 autonomous driving, also the Chinese are coming.

Also remember the M3 is a mass market car in Tesla's business plan. Model S, roadster etc. are supposed to be the niche cars.

Jog501 · 06-01-2022 10:58PM

I think people are missing the elephant in the room with regards Tesla sales is their selling and trade in model. No low rate PCP, no garages or service centres outside Dublin, lazy trade in model and no targeted advertising. The reality is most people lease cars in Ireland and the UK now, they offer that option in the UK and don't here, I would say that makes up a huge chunk of the difference in the sales alone. I don't accept that if you wanted a tesla in 2021 you wouldn't get it (in most cases).

podge1979 · 06-01-2022 11:27PM

https://www.boards.ie/discussion/comment/118430237#Comment_118430237

Again proof they don't service the Irish market. Tesla don't offer leasing in their site in the UK you need to go through a 3rd party company which you can do here also.

Yes you could have a Tesla but not what you ordered. Maybe a LR or performance (through inventory) not a sniff of an SR and they seem to be adopting Ford model T sales pitch

You can have any colour you want as long as Its black (white in Tesla's case).

Irish market which is strong is an after thought.

podge1979 · 06-01-2022 11:37PM

https://www.boards.ie/discussion/comment/118430157#Comment_118430157

VW is across the board in other markets also which is consistent. Interesting with Hyundai seems Irish market is serviced better especially with new EV going by UK forums. Also Irish cars at premium and premium plus have better specs than the UK which is strange also.

I enquired about a ioniq 5 last August same time as the Tesla but was told word be a good chance of sept delivery for the M3 (which has gone to march now) and Jan for the ioniq

I contacted Hyundai dealer in December had choice of two colours and due for pick up next week.

Again point I'm making is Tesla are not supporting the Irish market.

podge1979 · 07-01-2022 12:46AM

https://www.boards.ie/discussion/comment/118430647#Comment_118430647

8.5k FFS! I thought to he 23k mentioned in boards for ioniq5 for 53k car was bad.

GFMV on PCP's has gotten a lot lower but 8.5k is off the wall.

I did a PCP in 2016 and was 15k GFMV on a 30k car.

07-01-2022 10:58AM

The fact is that Tesla can sell any cars they produce globally so a niche market like Ireland does not interest them (yet), but once the giga Berlin comes online this most likely will change. The lack of realistic PCP also shows that they don't want to become a volume player here. Once the European production has ramped up they could actually launch a RWD Model Y at €50k which would surely attract multiples of interest over the €70k AWD model. This pricing would be in the sweet spot in Irish market.

Tesla are a very half hearted operation in Ireland. Until they release some cheaper models and better financing options the situation remains. For proper market share they will also need a model competing in ID.3/LEAF price segment but that won't happen for a few more years yet. But I'm actually quite hopeful that a 50k€ Model Y will happen towards the end of the 2022.

sk8board · 07-01-2022 11:00AM

for sure Tesla don’t make it easy for Irish buyers.

the only option is cash (why would you bury that much money, while interest rates are low), or the 4.9% AIB car loan.

I think the point still stands - Tesla will have one mass market model in Ireland for years to come (and we know how awful they are at delivering anything they announce), while a collection of other manufacturers will come to the market with multiple models.

I know cars are hard to land at the moment, but even just the id4 on its own sold almost double the m3. It hit the Irish sweet spot for sure. no matter how dour us car anoraks might think it is, that’s clearly what buyers want - imagine next year when there’s maybe 5 or 6 realistic offerings in that €40-50k mass market.

tesla might maintain their sales numbers here in ‘22-26 (7-900 pa), but drop a lot in market share.

07-01-2022 11:20AM

VW does make it easier to buy cars and also they actually need to sell a decent number of EVs for emissions reasons in EU. For them the EVs are also very profitable especially the higher spec models so it's a doubly good reason for VW to be selling them in numbers. Gotta keep the dealers busy.

The fact is that Tesla can sell any cars it can build for time being so they are not even trying to make it easy nor affordable. I love the fact that there are no mandatory yearly dealer service visits required. Hopefully this will continue in the future also. Eventually Tesla will need to up the game, and that time will happen once their two new factories are fully running sometime in 2022.

AndyBoBandy · 07-01-2022 11:22AM

700-900 unit sales per year is bringing in revenue of between €40m- €55m per annum, and while only small change in the grand scheme of things in the Tesla world, it's not an insignificant number either and one they'll be at least keen to maintain, and I'm sure be happy to do so. S & X (& Y) deliveries would help to solidify those sales numbers if/when 3 sales taper off slightly.

The push with the new SuC sites (it'll be 5 new sites within 7-8 months in a few weeks), as well as the Cork SC says they are happy enough with their Irish operation as it is.

Market share was always going to fall once legacy auto finally got it's arse in gear and started shipping EV's in volume, but I'd say market share % is irrelevant to Tesla (in fact, as per their MO, it is irrelevant)

07-01-2022 11:38AM

https://www.boards.ie/discussion/comment/118431926#Comment_118431926

The big picture for Tesla will be their self projected 10M annual sales in 2030. It's sounds very ambitious I admit, but what do it know, apart from the fact that I really like our Model 3 and it would be quite hard to buy some other make of car: This is after experiencing the 99% dealer free experience, the painless charging networks and well planned software updates and other design aspects of Tesla.

sk8board · 07-01-2022 11:46AM

I think i read recently that even if Tesla got every planned car plant built and up to full capacity, it still doesn’t equate to 10m cars by 2030. Their recent Q4 deliveries would strongly suggest they’ll finally hit 1m deliveries for 2022 though.

again though, I doubt someone buying a Corolla thinks about the fact that Toyota build 10m cars.

AndyBoBandy · 07-01-2022 11:52AM

Are there any more new plants in the pipeline?

Freemont - operational

Shanghai - operational

Berlin - semi operational

Texas - in construction

You'd think another plant in both Europe & Asia would be on the cards soon enough.

Fitz II · 07-01-2022 11:53AM

On a side note, its amazing how active the thread is. Every day many post. Shows there is a lot of interest in the Model 3 and its still super popular. The other brands cars dont create half the interest online.

wassie · 07-01-2022 11:55AM

Tesla have always been different in their sales platform is purely online. They don't have a dealer network but instead operate an agency model.

I've always been of the view that Tesla is a niche manufacturer purely because they do things their own way. They will never be able to compete on volumes compared to other manufacturers (at least in the medium term), but they will always be at the cutting edge.

Joe Public can have his Brand X EV. This is why I bought a Tesla:

TitianGerm · 07-01-2022 12:06PM

https://www.boards.ie/discussion/comment/118432100#Comment_118432100

Why is the graph not comparing VW, Hyundai and Kia to Tesla? The three of those have invested more in EV platforms than any of those shown and would be a better comparison I would have thought?

07-01-2022 12:21PM

https://www.boards.ie/discussion/comment/118432057#Comment_118432057

I suspect that above is a reference to fanboyism which is not common amongst Corolla customers? How Tesla plans to become a true volume player, who knows. So far they have tended to do things differently and I hope this will continue in the future also.

In the several past years they have had it easy: Tesla have had no need for a large number of niche models to cater for all of the main market segment, while being able to sell all of the cars they can produce without any marketing or giving discounts. They have actually been able to drive up the unit price while selling ever increasing numbers of their very profitable "volume" models. And have been able to pretty much abandon their S/X line of more expensive cars that are expensive to build. Not to mention the Roadster. The Model 3 was supposed to be cheap to build car for mass market but due to high demand there has been a push to "premium" it. Hence it has become a very profitable car to build. With the current LFP chemistry the RWD has to be one of the best earners in the history of car making. But as it is so carefully designed car both feature-wise and in practise, Tesla totally gets away with it. And the current examples are also pretty much faultless build-wise also. It's a great credit for them: For example the lack of buttons and carefully selected hardware is pure genius from the manufacturers point of view: Allows you to totally change the operation of the car with just software.

At some stage in the near future they'll need to start to actually sell the cars as opposed to drip feed them in the markets. And for that the products will actually need to be much less profitable. And also Tesla will need to battle with the other volume makers like Toyota. Will this lead to expanding number of models required? I still don't understand why Model 3 was designed as a saloon which is the worst form factor for a family car. That small boot opening is a real pain in the neck. They'll need to produce a hatchback of some sort soon for the European market.

It remains to be seen how Tesla will engineer the growth from 1->X Million vehicles sold per annum.

Gumbo · 07-01-2022 12:23PM

https://www.boards.ie/discussion/comment/118431789#Comment_118431789

SPSV grants helped the ID4 too.

podge1979 · 07-01-2022 12:27PM

https://www.boards.ie/discussion/comment/118431789#Comment_118431789

Ok I'll finish with this point then look at their delivery dates on the website. UK and Ireland have the same dates. I got a possible delivery date of September when I ordered and now its proposed to be March.

Irish EV market was tracking very similar to UK prior to the injection of teslas in the UK (over 40% increase). In the same time frame there was a 18% increase in deliveries to Ireland even though the stats show massive demand and 115% increase in registrations.

Is the point you making that your happy that Tesla will not service the Irish market like the UK market and stay niche in Ireland (because you own a Tesla already).

If that's the case I'm not sure what point your arguing? We both agree with each other their not servicing the market.

You and other current owners are happy: (as your car stays niche and has more value that might change when you start looking for your next Tesla.)

I and people who would have being waiting up to 7 months are not when we see delivery times in a matter of weeks in the UK.

podge1979 · 07-01-2022 12:34PM

https://www.boards.ie/discussion/comment/118432100#Comment_118432100

Joe public in UK can get a Tesla (2nd highest registered car delivery time in weeks).

Joe public in Ireland struggles (39th highest and delivery time up to 7 months).

I would like a niche car too but maybe put in your order for your next Tesla well in advance.

Tesla's clearly practising market segmentation on RHD and I'll go back to my original point on this a lot this has to do with extra cost of logistics now.