'Royally F---ing Us': Tesla Owners Who Paid Full Sticker Price Irate Over Price Drops A reduction in price has led to an increase in unhappy motorists.
By Dan Bova
Last week, Elon Musk's Tesla announced price cuts on some of its electric cars in the U.S. and abroad — and Tesla owners who recently paid full sticker price are not happy.
According to The Wall Street Journal, the wide-ranging price cuts include 14% off the Model 3 sedan and nearly 20% off its baseline Model Y crossover.
Using Musk's other company, Twitter, Tesla owners are very publicly expressing their displeasure, @-ing the man in charge of the electric car company.
I think it's safe to say many of us loyal @Tesla owners were duped and are out $10K+ by the instant price cut will never again buy another. How'd the cost of labor/materials come down like that over night. Just another company taking advantage with the pandemic excuse.@elonmusk
— Eric Nunemaker (@wildaloof12ebel) January 16, 2023
With @Tesla price drops I went 31k into the red on my Oct delivered 2023 #ModelY overnight. @elonmusk you could've at least bought me dinner or offered complimentary #FSD before royally F'ing us buyers that took delivery w/no incentives and helped your Q4 sales numbers. pic.twitter.com/Yj8MNcwZul
— The Car Dad (@the_car_dad) January 14, 2023
Other users have been irked by Musk's silence on the matter, considering how much he Tweets.
@elonmusk Still no public comment for us @Tesla owners who recently purchased your cars and whom you are now screwing over with the ~20% price reductions? I NEVER thought of buying any other EV prior to this but I'm in the @LucidMotors showroom rn and they're looking promising. pic.twitter.com/4ngqwtTrJ9
— Marianne Simmons (@MarianneSimmons) January 15, 2023
Related: Tesla Is Reducing Prices on Models Sold In The U.S.: 'Eye-Popping'
Others, perhaps those who understand that things sometimes go on sale, took a more self-aware approach to buyer's remorse.
Where's the fair cutoff though? 4 weeks? 4 months? Retroactive deals? Prices change all the time and it's all supply and demand. If the price went up $15k, would you write them a check since you bought just 2 weeks ago?
— Scott Wainner (@scottwww) January 14, 2023
Related: Tesla Investors Complain That Elon Musk Is Spending Too Much Time on Twitter — On Twitter
Tesla faced a 65% drop in share price since January 2022, a historic low for the company.
Demand hit the brakes, and Tesla is making these dramatic moves to steer out of the skid, says the New York Times: "In cutting the prices of its current models, Tesla is indicating that it is willing to concede some profit in order to increase sales volume."
Me trying not to mention @Tesla price cuts in every convo today pic.twitter.com/rFK7jZmljx
— Austin Ryder (@austnryder) January 14, 2023