this post was submitted on 21 Apr 2024
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I took this screenshot today, after it came up to my attention that Tesla has dropped the price of FSD from $15k, to $12k, and now $8k.

It seems like Elon Musk is pulling out all the stops. A $2k drop in Model Y prices as well as big drop in FSD. It seems clear to me that the cash-situation at Tesla is severe. I do think that all these price drops are going to have a Jos. A. Bank effect, where repeated deals and cuts in prices will only cause the plugged-in superfans to wait for prices to bottom out before buying.

Everyone knows that when companies are in trouble and inventories go up, the prices come down if you wait long enough.

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