Long term effect of Tesla Cars price drops on Tesla's Motors brand?

Not horrendous and I'd go as far as to say I wasn't insulted! I won't be taking it up, as I have stronger offers elsewhere.

Very good read. A few things I took away from it

The author seemed to be salivating from the start at this price cut as it does "prove" him right about Tesla's strategy. So he was biased from the outset

He doesn't realise we are in a digital world and Musk understands the importance of a good meme better than any other car manufacturer (who is the ceo of Toyota?BMW?). That's why Tesla has such a hardcore base of fanatics who were willing to overpay very high prices for their car from the start and go to war with anyone who says it is just a car company or refuse to accept they look like average priced cars (forget about performance, which it excels in)

He doesn't talk about interest rates and what that has done. And when they are kept high what that will do, to all manufacturers.

He is right to say that his acquisition of Twatter is a huge distraction and I would imagine every Tesla owner right now wishes he concentrated more on cars than politics (and alienating the first followers of his) But he doesn't acknowledge the impact on Tesla (as in Musk's social credit) if he turns Twatter into a success and somehow incorporates the dog coins into that also. In 5 years time Tesla owners could be saying it was a genius move that enabled the company to expand their revenue stream and kill it's competition. I find that more likely to not happen than happen but it is far from a non zero chance

Yes both of those now unfortunately have some realisations to do. Their cars arent worth that. As a 222 M3 RWD owner I have the same issue!

Would a leaf be of similar performance? I'm wondering is the performance an electric thing or a Tesla thing

Had the same on Ioniq 28, wheels regularly spin in the wet at T junctions etc.. Model 3 will only spin if you really floor it in the wet

It €67000 here it want to be a good price drop here.

Its the reason I would buy a Tesla as I'm not a fan of their looks and do not like their minimalist interiors, hate having to use screens on the move. Certainly, if the current price cuts are maintained I would consider an M3 in a year or 2. I'd say a lot of younger drivers are waiting with bated breath to get their hands on used M3s purely for that reason. Should be fun and games when that time comes around

Yeah, but you get €50 credit towards your elec bill if you order an EV from VW. Who, dropping so much money, is going to be tempted by that?

VW press announcement that they won't enter a price war and have no plans to lower prices = clear sign of panic.

What Tesla really needs is the rumoured mass market Golf / Corolla sized car with not as many frills as a 3 / Y. It would sell in big numbers, but it's probably 2-3 years away in Europe (unless it launches in Europe before the US). It will be interesting to see what gets announced at the Tesla event on 01/03.

Their sales were down 7%, and their worst year in a decade.

I'd say such communication is meant to reassure nervous shareholders.

The VW CEO also gave a few interviews in the German media today about new car prices increasingly significantly in the coming years to make up for the group's investments in the EV platforms. I really can't see how that will happen with the Chinese manufacturers starting to take Europe seriously (talk of BYD buying some of the German Ford factories).

If we get a few more MG4 type vehicles in the European market in the coming 18 months (thinking of the BYD Dolphin, or the Funky Cat at a lower price), it's very hard to see how VW can keep selling the ID3 at such a premium. The smaller BYD Seagull and Wuling Bingo would have huge potential too at the right price, but probably won't make to this part of the world for at least another year.

The Chinese manufacturers probably have a brand recognition issue, something Tesla definitely doesn't whatever small/medium size car it produces next. For Tesla's benefit, people will keep perceiving the company as a bit of premium brand for another while (even if it's really just is another mass market brand like Toyota and VW).