This was posted 5 years 1 month 21 days ago, and might be an out-dated deal.

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Tesla Model S Ludicrous Performance (née P100D) - From $164,465 (33% off - was $248,000+)

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Tesla Model S Ludicrous Performance (née P100D) - From $164,465 (33% off - was $248,000+)
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Lpathacks on 03/03/2019 - 10:47 tesla.com (16922 clicks)
Last edited 12/03/2019 - 08:56 by 1 other user

Didn't expect this to be my first post, but here we are.

Obviously not a deal for everyone, and still a high yield investment depreciating asset, but Tesla has adjusted the price on their highest end Model S and Model X by about 33% which is a pretty significant saving of about $82,000 - $85,000 (or thereabouts) varying based on on-road costs for whichever state you're going to register the car in.

E.g. VIC pricing

  • Tesla Model S Ludicrous Performance (previously known as P100D) - $165,529 (was $248,112)
  • Tesla Model X Ludicrous Performance (previously known as P100D) - $172,502 (was $258,402)

For anyone previously looking to buy one of these, the value proposition has become a lot better. Still not for everyone. A pricing change of this magnitude is pretty much unheard of in the automotive industry, so it should be interesting to see what impacts it has on the resale value of existing used cars.

Here's an article from Carsales summarising the changes

UPDATE: These prices will only be valid until March 18th 2019 as Tesla will be increasing prices to make up for closing less stores than initially planned. They estimate 3% on average, but this higher margin variant may end up absorbing a large portion of the price increases.

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closed Comments

  • DEvok on 03/03/2019 - 16:49

    Any bargains? Need cash rewards for this one or no deal :)

  • sushimaster on 03/03/2019 - 16:49
    +2

    So how many of us up vote people are actually gonna buy one

    • Zaddo on 03/03/2019 - 20:06
      +2

      I don't even know what I just voted for. I just hit the plus button because everyone else did.

      • GangGang on 03/03/2019 - 20:34
        +3

        That's what happens on the ebay deals now. People jizzing over 10% off, $120 min spend. It's unbelievable.

  • behrouz on 03/03/2019 - 16:54

    Shipster Free Delivery?

  • ilovefullprice on 03/03/2019 - 17:02

    Ozbargain should create a sister site for high-end bargains!

    • cashless on 03/03/2019 - 20:16
      +1

      Posh bargains?

  • bettina44 on 03/03/2019 - 17:09

    Has anyone here actually bought a telsa before? Was it sticker price or could you bargain down like with a regular car dealership?

    • discobean on 03/03/2019 - 17:15
      +1

      You can't bargain down, but you can bargain your trade-in and bargain options with the car. Also if they have a car that you like that exists in stock you can get that a good amount cheaper than what the online price was.

      Maybe that they are closing down the actual stores, they are increasing existing "in-stock" numbers and no longer need to charge the online premium? Finally, I don't remember for sure, but the online configurator seems much simpler than it used to be. There don't seem to be any real 'hard' options to choose from.

  • ozbs25 on 03/03/2019 - 17:16

    Purchasing just for the Bioweapon Defence Mode. Can't put a price on peace of mind.

  • vvti85 on 03/03/2019 - 17:17

    Model x showing as $172502 as vic pricing driveway… How is OP getting $157095?

    • hypie on 03/03/2019 - 17:33

      Probably because this is the Model S and not the Model X

    • pathacks on 03/03/2019 - 19:02
      +1

      Thanks - sorry, copy and paste error on my part. Amended the post.

  • Xizor on 03/03/2019 - 17:19
    -2

    Hilarious this gets so many votes. Not nearly as interesting as Musk smoking weed on JRE. But be interesting what it does for the resale market.

  • ireadtermsofuse on 03/03/2019 - 17:22
    +3

    What advantages does this motorcar have over, say, a train - which I could also afford?

    • GregFiona on 03/03/2019 - 18:05
      +1

      first of all…it fits in your garage!

      • [Deactivated] on 03/03/2019 - 20:38

        I'm sure glorious leader also has garage for train.

  • competitions on 03/03/2019 - 17:25

    Make your own:
    https://diyelectriccars.com/

  • exidez on 03/03/2019 - 17:25

    ebay wouldn't even have this many up votes if it had 33% off

    • T1OOO on 03/03/2019 - 22:49
      +1

      Wouldn’t matter coz they’d price jack 35%

  • furry on 03/03/2019 - 17:31
    +3

    What do you call a stolen Tesla……an Edison :)

  • Foxxster on 03/03/2019 - 17:31
    -7

    Not a deal since Tesla won’t exist in 5 years or so. Many manufacturers like Porsche for example are bringing out pure electric cars in the next couple of years. They have existing models to fund themselves whilst the electric vehicle side kicks off . They also have existing dealer / service centres . Add in the fact that many senior execs have left Tesla recently and by all accounts Musk is completely losing it and is now a liability then the writing is well and truely on the wall.

    • watwatwat on 03/03/2019 - 18:03
      +1

      They made 0 cars in 2011 and by 2019 they are bringing up their production to 500,000 cars per year and you think they will magically collapse because competitors are releasing cars "in the next couple of years"? Sounds like a really well thought out prediction there.

      • reecho on 03/03/2019 - 20:19

        Are you forgetting about the original Roadster in 2008?

  • [Deactivated] on 03/03/2019 - 17:32

    No one is buying, everyone is here for the lolz on the upvote train

    • exidez on 03/03/2019 - 17:35
      +6

      i'm with ireadtermsofuse, im waiting for a train deal

    • cloudy on 03/03/2019 - 17:46

      Pfft, get outta here, everyone is buying at this price. It’s a steal. All that money I saved shopping at the reject shop meant I can afford this bargain.

    • Szemen on 03/03/2019 - 18:07
      +3

      What advantages does this motorcar have over, say, a train? Which I could also afford.

  • BenTheBargainer2013 on 03/03/2019 - 17:43

    Wtf i never knew a post could get so many upvotes, gongrats

  • An0nymous on 03/03/2019 - 17:47
    +1

    Website says all cars are sold and currently out of stock… 😁😁😁😁😁

    • UFO on 03/03/2019 - 19:42
      +5

      OzBargained!

  • abuch47 on 03/03/2019 - 17:49

    Thanks bought 10.

  • giventofly on 03/03/2019 - 17:57

    I wasn't paying much attention to this as I thought it's a joke post but this is actually a stellar deal lol.

  • SickMyDuck on 03/03/2019 - 18:03

    You have my upvote for a big discount. Regardless of the items, discount is always a bargain.

  • RenVilo on 03/03/2019 - 18:06
    +1

    Can you also post where I can sell my left nut to afford this. Would love to get one :(

  • [Deactivated] on 03/03/2019 - 18:10
    +1

    Who the heck can I price match this with?

    • D6C1 on 03/03/2019 - 18:13
      +1

      JB hi-fi

  • ca6leguy on 03/03/2019 - 18:13

    Why the massive price drop?

    • pathacks on 03/03/2019 - 18:49
      +1

      Seems like this price adjustment is a by-product of cutting costs in sales and marketing, i.e. moving from a clicks-and-mortar to an online only sales business.

      Sauce

      Since the beginning, their main goal has been to bring more and more affordable EVs to the market, and this is just a part of them acting on that (along with finally bringing the fabled 35K Model 3 into production).

      The way they've done this though seems questionable, as this overnight change has cause a lot of stress to existing owners, especially those who have purchased recently.

      • [Deactivated] on 03/03/2019 - 20:42

        a lot of stress to existing owners, especially those who have purchased recently.

        Exactly. Good luck to owners trying to ignore the fact they're car is automatically worth $80,000 less… Potentially even before the keys are handed over.

        Although this is objectively a bargain off RRP, I don't think this represents value.

        Good post, all the more so being first post.

        • pathacks on 03/03/2019 - 21:02

          Yep, although I believe the sale price is finalised at time of delivery, so those who have not yet taken the keys should be okay. I feel more for those who have just taken their car home. Can they ask for compensation? If so, where would they draw the line?

          With regards to value, I understand your view (I too, would be inclined to look at pre-owned), however my main aim was to help buyers who are/will be considering purchasing a vehicle within this segment, with the view that a $80K+ adjustment would be substantial enough to change their cost/benefit analysis.

  • TheDukeOfNukem on 03/03/2019 - 18:14
    -1

    Thanks OP, bought 5.

  • profeeder55 on 03/03/2019 - 18:16
    +1

    Wow the amount of upvotes on this is insane !

    • casey2 on 03/03/2019 - 18:29

      Was just about to say. I didn't know there were this many OzBargainers.

    • Tasmaniac on 03/03/2019 - 21:26
      +2

      Symbolic of what's happening in the car industry. There's a theory that people are delaying a car purchase because they'd rather buy electric.

  • Mahogany Granger on 03/03/2019 - 18:33
    +4

    Great stocking filler.

  • Prothean on 03/03/2019 - 18:35
    +3

    Is this the most upvoted deal in Ozbargain history?

  • Ragnarok1983 on 03/03/2019 - 18:37

    Sounds like the Fyre Festival money raising scam, where you had to load money into the bracelet. Tesla must be desperate for cash.

    • Tasmaniac on 03/03/2019 - 21:27

      Everytime someone bags Tesla they just get further ahead.

      • Ragnarok1983 on 04/03/2019 - 19:07

        Checked the news lately? 920M had to be paid back in cash, since stock price didnt reach set threshold.

        Canned all dealer sales network and reduced bonuses/incentives to save money.

        Tesla is a desperate phase to survive. Go read https://www.reddit.com/r/RealTesla/

        People said samething about Theranos, look at where they are now?

        • Tasmaniac on 31/03/2019 - 14:08
          +1

          What are you smoking ?. Here's all you need to know and something CNBC won't tell you.

          I'm not sure why no one remembers that Musk is happy to spend his last few dimes to save a company.

          He's worth tens of billions.
          The end.

  • imahapyboy on 03/03/2019 - 18:42

    lol

  • Fuzzyduck on 03/03/2019 - 18:44
    +1

    Someone wake @jv up

  • grog on 03/03/2019 - 19:01

    A packet of sherbies is hell of a lot cheaper and more satisfying

  • unkown on 03/03/2019 - 19:03
    +1

    FFS, just bought one last week.

  • Ryk on 03/03/2019 - 19:07

    Group buy?

  • Sshanaz on 03/03/2019 - 19:15
    -2

    Bought last 4 from my local dealer.

    Thanks OP!

  • [Deactivated] on 03/03/2019 - 19:16

    No cashback :(

  • [Deactivated] on 03/03/2019 - 19:28
    +1

    Out of stock worldwide. Ozbargained!

  • liquid23 on 03/03/2019 - 19:31

    Damn I wonder if Tesla will give me cash back for difference since I ordered 2 few months ago. It is kinda annoying that overnight you can loose 80k for each car

    • Zaddo on 03/03/2019 - 20:10

      Ouch. That would sting. How much was the deposit? It might be worth cancelling and re-ordering

    • Yrs on 04/03/2019 - 00:47

      Lol cancel it

      • knackers on 04/03/2019 - 01:01

        80k is loose change

      • liquid23 on 04/03/2019 - 02:04

        yeah I will ring up tomorrow. I've heard from other buyers that they can refund the difference if the car hasn't been picked up yet.

  • psylence on 03/03/2019 - 19:39

    Lithium cars are the future! No joke the industry is taking off, around 8% in China now electric. Likely to be mandated in Europe, VW investing 44billion euro. From an investment stand point looks amazing, check out an Explorer like Galan Lithium best small cap performer on asx over last 3 months and likely to go way higher. Do your own research it'll be worth it.

    • mansunz on 03/03/2019 - 19:42
      +1

      i wander if VW will find ways to fudge the battery capacity output……

    • unkown on 04/03/2019 - 08:25
      +1

      It won't be the future until you can charge an electric as quickly as you fill up petrol. Until then, you're mostly forced to recharge at home when not using your car which is definitely not something that will be possible on a large scale. Think of all the units, houses with multiple cars, houses with just street parking and the list goes on. It really isn't feasible.

      The only other solution is self driving electric cars that drive to a station to recharge and return on their own. This will probably happen before a car battery can recharge in a minute (which will likely never happen).

      • pathacks on 04/03/2019 - 08:40
        +1

        The whole notion around whether or not it's the 'future' is not the point, in my opinion. To me, I'd consider whether it's right for myself and my family as we stand and breathe today. It's a blessing and a curse that we as consumers have so many options nowadays.

        I'd personally seriously consider this as a key contender to anyone who had access to home charging infrastructure and is/will be considering purchasing a car in the luxury large segment.

  • mansunz on 03/03/2019 - 19:41

    Edison is not going to be happy…….bring on the price war…..

  • gooddealmate on 03/03/2019 - 19:45

    Can I use my flybuys points to purchase?

  • gk0r on 03/03/2019 - 19:55

    Now all we need is LCT to go away and bring another 33% discount
    At that point - it's practically affordable !

  • modgod on 03/03/2019 - 20:03

    The ludicrous mode is fcking mental the torque really puts you back into your seat and I’ve been in fast cars but the novelty of owning a Tesla dies down pretty fast

    I’d be keen to get one if it was a lot less and more superchargers if any in Perth

  • Zaddo on 03/03/2019 - 20:13
    -4

    Probably a pricing error. Somebody punched in the $US price without applying the exchange rate.

  • Melb69 on 03/03/2019 - 20:24

    This price adjustment reflects the brand. If it didn't have Elon M, would you really want to be a first adopter. Its no different from the days when small automotive groups tried to start their own car company. The niche sports brands probably did ok, but Tesla are trying to get into the mass market. Bargains had now for all. IMO

  • yuisakas on 03/03/2019 - 20:44

    How much I can get return each year if I buy this car as a high yield investment

    • edfoo on 03/03/2019 - 20:52

      You will receive -$30,000 in annual return. Does that sound good to you? Good, you go order one now ;p

    • siuol on 03/03/2019 - 21:14

      just treat it as a very bad fund that you bought using your super and the return is minus ten percent (-10%) for every year…

  • edfoo on 03/03/2019 - 20:50
    +5

    LOL over 1800 upvotes from OB members but in reality fewer than 10 of them will actually buy one.

    • punter1 on 04/03/2019 - 13:42

      More like none

  • CalmLemons on 03/03/2019 - 21:05
    +3

    Thank god. Actually buying one. About time for the price drop.

  • RocketSwitch on 03/03/2019 - 21:18
    +5

    That's within my budget now, thanks OP, no more petrol!!

  • lostn on 03/03/2019 - 21:43

    Did Elon make some tweets that landed him in hot water again?

    In any case, time to start looking under the bed and sofa for coins.

  • fritzsticker on 03/03/2019 - 22:23

    Bargain price

  • Understandable on 03/03/2019 - 22:24
    +1

    time to spend the money i earned from my Nigerian prince

  • sghetti on 03/03/2019 - 22:30

    Thanks OP, bought 10

  • Aceboy884 on 03/03/2019 - 22:31

    Just bought one with my Amex centurion card, if I don’t like I will file a 90 day refund guarantee

  • DauntingEarth on 03/03/2019 - 22:44

    way out of my league

  • T1OOO on 03/03/2019 - 22:46

    Will office works price match and give 10%’off ??

  • [Deactivated] on 03/03/2019 - 22:46
    +2

    Elon wants every price to be a multiple of 420.

  • danielh on 03/03/2019 - 22:47
    +1

    Went into the Tesla dealership in Chadstone today to chat with the staff about the pricing changes and to check out the S and X.

    Personally I am going to wait to see what is going to happen to the luxury car tax (~$17,000 savings) in the next few months before my wife and I pull the trigger.

    I think that Elon Musk has now realized that he needs to really get to that saturation point sooner rather than later or he is going to be the Betamax tape instead of VHS.

    Saturation point from both car sales which will then justify his super charger stations which we will then continue to opt in for the US$100 per year premium internet service (via Telstra with year one bring free) etc. Basically he needs the sales NOW to push his competitors into the outer.

    • pathacks on 03/03/2019 - 22:52

      Is there anything that you've read or seen recently that would lead you to believe that LCT will be amended/abolished this year?

      • bargaineer on 03/03/2019 - 22:57

        It’s not likely LCT will be abolished completely, but I’d put money on Labor bringing in some incentives for purchasing electric.

        My bet is that will come in the form of electric cars having LCT exemption.

    • willoz on 04/03/2019 - 09:28
      -1

      " he is going to be the Betamax tape instead of VHS" What a stupid statement. Electric cars are not different formats, They'll all be using CC2 by the time the model 3 comes to OZ

  • T1OOO on 03/03/2019 - 22:50
    +1

    If we all put our cash rewards together we could afford one!! Let’s buy an oz bargain car and share it around !!

    • profeeder55 on 04/03/2019 - 08:06

      That's too many people sharing 1 car Haha !

  • asa79 on 03/03/2019 - 22:52

    Where are the electric servos and are they charging as much as petrol to top up your batteries

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