Model 3 $1,100 Price Cut, Maxwell Technologies Acquisition, First European Model 3 Deliveries (02.06.19)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 7 February 2019
⏱️ 13 minutes
🧾️ Download transcript
Summary
– Tesla lowers prices for all variants of Model 3 by $1,100 in the US
– Tesla acquires Maxwell Technologies for $218M stock deal
– First deliveries for Model 3 in Europe
Links:
Email > [email protected]
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Executive producer Jerome Jorden
Executive producer Rob Gill
Executive producer Rish Singh
Executive producer Jeremy Cooke
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast
Executive producer Jerome Jorden
Executive producer Rob Gill
Executive producer Rish Singh
Executive producer Jeremy Cooke
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Model 3 $1,100 Price Cut, Maxwell Technologies Acquisition, First European Model 3 Deliveries (02.06.19) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Wednesday February 6th 2019 edition of Tesla Daily Unofficial Tesla Podcast. My name is Rob |
| 0:14.3 | Maower. Today we are talking about another price drop for the model three in the |
| 0:17.7 | United States, Tesla's acquisition of Maxwell Technologies, and the first |
| 0:22.3 | model three deliveries in Europe. |
| 0:25.0 | Tesla stock on the day-to-day finished down 1.29% to $317.22 cents |
| 0:31.0 | as compared to the NasdDAQ down 0.36%. |
| 0:34.7 | Okay, so quite a bit of news came out early this week. |
| 0:37.2 | When I'm traveling, makes sense. |
| 0:38.3 | Seems to happen a lot. |
| 0:39.5 | We'll start with the model 3 pricing. |
| 0:40.9 | Prices for all variants of the model 3 have been decreased by |
| 0:45.0 | $1,100 in the US. This is on the heels of last month's price decreased by |
| 0:50.5 | $2,000 for all model 3s as well as model S and model X to help offset the decrease |
| 0:55.9 | in the US Federal EV tax credit. |
| 0:58.1 | That was a $3,750 decrease in tax credit. |
| 1:01.9 | Tesla has now lowered the prices for model 3 by |
| 1:04.7 | $3,100 so getting pretty close to offsetting the impact of that tax credit phase |
| 1:09.9 | out. The other thing to keep in mind here too is that last week when Tesla |
| 1:13.7 | adjusted their pricing and options for model S and X, similar variants became |
| 1:18.5 | $1,000 cheaper at that point in time so they've really done the same thing here |
| 1:22.4 | with S and X. at that point in time so they've really done the same thing here with |
| 1:23.0 | S&X. Tesla's statement on the reduction in model three pricing was quote |
... |
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