Read on Twitter
Price setting of used $TSLA M3 cars in 
has been highly erratic of late.
In below graph each color line represents one VIN. 18 cars are shown.
The dotted lines span days while a particular VIN was hidden on the $TSLAsite.
has been highly erratic of late.In below graph each color line represents one VIN. 18 cars are shown.
The dotted lines span days while a particular VIN was hidden on the $TSLA
site.
More than half of the dotted line slopes upwards, indicating an attempt to reset at higher price after daily discounting did not result in a sale.
Note the two consecutive hiding and unhiding of VINs in last 10 days. Was perhaps needed to harmonize discounts more logically.
Note the two consecutive hiding and unhiding of VINs in last 10 days. Was perhaps needed to harmonize discounts more logically.
The discount for a VIN with < 15000km the discount is now only 2-5% compared to what you find in the configurator for a matching new car.
FSD is basically valued at 0 for a used car.
FSD is basically valued at 0 for a used car.
Remember: $TSLA also applies discounts to *new* cars, by labeling them as “demonstration model”.
Today 14 out of 93 *new* M3 in are *demo* and have a discount ranging from 2 to 9%.
also applies discounts to *new* cars, by labeling them as “demonstration model”. Today 14 out of 93 *new* M3 in
are *demo* and have a discount ranging from 2 to 9%.
There were 9 used M3 at start of 2021. Only 5 disappeared (presumably sold) but 21 got added, resulting in 25 VINs today.
On top of that Autoscout lists 48 M3, of which 3 are marked as “new”.
First RORO is arriving in ZEE later today!
On top of that Autoscout
lists 48 M3, of which 3 are marked as “new”. First RORO is arriving in ZEE later today!
Bulls might argue that most cars on the RORO for 
are built-to-order, secured by down payment many weeks ago.
Those cars need not show up on the $TSLAsite ever. In that case what is visible on the website could be insignificant compared to total order BTO order flow.
are built-to-order, secured by down payment many weeks ago. Those cars need not show up on the $TSLA
site ever. In that case what is visible on the website could be insignificant compared to total order BTO order flow.
I don’t believe that is the case though.
There really is no good explanation for $TSLA and Autoscout to be sitting on so much inventory at this stage.
Inventory that is clearly not moving at current prices.
It is much worse compared to previous quarters.
There really is no good explanation for $TSLA and Autoscout to be sitting on so much inventory at this stage.
Inventory that is clearly not moving at current prices.
It is much worse compared to previous quarters.
Quite a few of us are convinced that $TSLA will have to cut prices significantly if it wants to maintain yearly volume at 0.5M let alone increase it to 0.8M.
February looks *really* weak.
market share for (JAN+FEB) set to be < 10% of BEV (compared to 30% for all of 2021).
February looks *really* weak.
market share for (JAN+FEB) set to be < 10% of BEV (compared to 30% for all of 2021).
Watching prices and flow of used M3 on TSLA CH site gives a quasi-real-time idea of the competitive situation.
Tracking used cars is easier than new inventory, as $TSLA shows real VIN i/o placeholder VIN for new cars that often change just to confuse folks like ev-cpo and me.
Tracking used cars is easier than new inventory, as $TSLA shows real VIN i/o placeholder VIN for new cars that often change just to confuse folks like ev-cpo and me.
The moment of truth will become before end of March 21.
We will see
Either:
Price cut across the board in range of 7 – 15%
Or
Dramatic increase of inventory on both Tesla CH and Autoscout.
We will see
Either:
Price cut across the board in range of 7 – 15%Or
Dramatic increase of inventory on both Tesla CH and Autoscout.
