I got curious. 18 months ago, Elena and I bought a Tesla ModelX SUV. The total cost including State of California sales tax was $100,000. I looked at the price of the car today with the following results:
List Price of
Vehicle: $114,990.00 US
State Sales
Tax: $ 10,786.05 US
Total Drive Off
Cost: $125,776.00 US
This indicates a price increase of over
25% in 18 months. Part of this price increase is inflation that is racking us
now. Part has to do with chip shortages and higher prices of materials like
lithium, nickel, rare earths, etc.
Tesla has a unique system of selling cars.
One does not go to a dealer and buy a car. Rather, one goes to Tesla.com. The
car and all its features are selected. Payment is arranged for the vehicle. The
car is manufactured and sent to one of Tesla's distribution centers.
We
have a Tesla distribution center a couple of miles from the house. The last
time I drove by there I would estimate that in excess of 100 cars were on the
lot awaiting the pickup from buyers. The higher prices do not seem to be
hurting Tesla's sales or profits.
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