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0 pointspie4203y ago0 comments

The model X is also probably one of the most profitable and iconic cars in the modern era.

0 comments

I'd argue in spite of its doors. A long-range EV in the most popular segment, a full decade before a single competitor? That thing could have had a single door on the front, like the BMW Isetta, and it still would have sold like mad.

shitloadofbooks3y ago

Do you have any evidence for "most profitable" at all?

Looks-wise, it's basically indistinguishable from a Model 3 (which are everywhere), so hardly iconic in any way.

roflyear3y ago

It is pulled out of his butt, the F150 sells 3/4 of a million a year (just the f150!) and makes on the low end a gross profit of $10k per sold. The model x sold about 7.5k cars in 2021, way down from the 20-30k it was selling each year.

OK let's say it sold $30k, and Tesla made a profit of $100k (more than the car sells for) for each car.

That's still less than 50% of the F150 yearly profit. LOL.

panick21_3y ago

Comparing it to the F150 is idiotic. That's the most sold car in the US and in a different segment.

Compare it to other comparable cars in the same segment and it looks pretty damn good.

Lower volume high margin cars are really worth it for companies and Ford wishes it had an EV in that classed that sold have as well. The Model X sells in numbers not unlike Mach E while having double the price.

2 more replies

roflyear3y ago

You sure? The model x that sells like 10-30k cars a year is the MOST PROFITABLE CAR IN THE MODERN ERA?

When compared to cars like the F150 that bring in literally billions of dollars in profit a year?

Are you sure?

Oh, you're going to say you weren't counting trucks ;) Mercedes, BMW, Lexus still blow Tesla out of the water with their lineup.

danparsonson3y ago

Iconic? To my eyes it's corporate memphis in car form.

rconti3y ago

I'm sure it's actually the least successful vehicle Tesla sells.

panick21_3y ago

Its comparable in sales to the Model S I think. Maybe even outsells it in some places. And sells more then many other cars in that category.

rconti3y ago

Looks like it outsold the S for a couple of years (2019-2020?)

https://cleantechnica.com/2021/07/03/tesla-model-3-model-y-m...

thepasswordis3y ago

Because the base model is $120,000.

A model 3, the budget/everyman car is $40k, and the Model Y is almost $70k.

deelowe3y ago

Isn’t it their worst performing model?

jpgvm3y ago

By number of sales it's a wash between it and the S. Which are both low volume, high margin, luxury vehicles. Their high volume vehicles, the 3 and the Y drastically out-sell them naturally.

However the X and the S have very high margins in all configurations so they bring in an outsized amount of profit given their share of sales.

That said the margins on the Model 3/Y are nothing to snuff at and are superior to any other mass market vehicle.

j / k navigate · click thread line to collapse

0 comments

pkulak3y ago

shitloadofbooks3y ago

Do you have any evidence for "most profitable" at all?

Looks-wise, it's basically indistinguishable from a Model 3 (which are everywhere), so hardly iconic in any way.

roflyear3y ago

OK let's say it sold $30k, and Tesla made a profit of $100k (more than the car sells for) for each car.

That's still less than 50% of the F150 yearly profit. LOL.

panick21_3y ago

Comparing it to the F150 is idiotic. That's the most sold car in the US and in a different segment.

Compare it to other comparable cars in the same segment and it looks pretty damn good.

2 more replies

roflyear3y ago

You sure? The model x that sells like 10-30k cars a year is the MOST PROFITABLE CAR IN THE MODERN ERA?

When compared to cars like the F150 that bring in literally billions of dollars in profit a year?

Are you sure?

Oh, you're going to say you weren't counting trucks ;) Mercedes, BMW, Lexus still blow Tesla out of the water with their lineup.

danparsonson3y ago

Iconic? To my eyes it's corporate memphis in car form.

rconti3y ago

I'm sure it's actually the least successful vehicle Tesla sells.

panick21_3y ago

Its comparable in sales to the Model S I think. Maybe even outsells it in some places. And sells more then many other cars in that category.

rconti3y ago

Looks like it outsold the S for a couple of years (2019-2020?)

https://cleantechnica.com/2021/07/03/tesla-model-3-model-y-m...

thepasswordis3y ago

Because the base model is $120,000.

A model 3, the budget/everyman car is $40k, and the Model Y is almost $70k.

deelowe3y ago

Isn’t it their worst performing model?

jpgvm3y ago

By number of sales it's a wash between it and the S. Which are both low volume, high margin, luxury vehicles. Their high volume vehicles, the 3 and the Y drastically out-sell them naturally.

However the X and the S have very high margins in all configurations so they bring in an outsized amount of profit given their share of sales.

That said the margins on the Model 3/Y are nothing to snuff at and are superior to any other mass market vehicle.

j / k navigate · click thread line to collapse