, 5 tweets, 1 min read Read on Twitter
1/ The German Model 3 in not priced attractively for $TSLA:
Yesterday I did some calculations on the German Model 3 pricing (which is probably the worst European price for Tesla)
Cash price for AWD is 56,380 €
2/ The price includes 19% VAT (9.002 €)
56,380 € - 9,002 € = 47,378€
Then there is a 10% import duty
47.378€ / 1.10 = 43.071€
That's $50.393, $600 less than the US price after price cuts
Now one needs to consider:
a) shipping
b) no credits (GHG, ZEV)
3/ Exchange rate seems to have been too high
$49,138 (at 1,14 USD/EUR)
4/ Substract another $2,000 extra shipping cost according to Elon. $TSLA
5/ Do not pass Go. Do not collect regulatory credits. Go directly to margin hell. $TSLA
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