A Quick Look at all the price drops on battery operated tools for this Black Friday seems to confirm a drop in battery prices.
Heaps of kits and the more basic skins (eg. leafblower, angle grinder, hammer drill) get massive discounts because they get people into an ecosystem (and once they’re in, they’re unlikely to move out). Black Friday SKUs are basically loss-leaders to sell the rest of the range (and extra batteries) at full price later on, so I wouldn’t use them to gauge the broader market.
Just another huge “ margin hit “ to existing owners haha Hopefully one day Tesla owners start to care more about the company having its shit together and not tanking their resale than the company they don’t profit from margins.
With battery prices dropping, this might not even result in much of a margin hit.
A Quick Look at all the price drops on battery operated tools for this Black Friday seems to confirm a drop in battery prices.
This is a great sign for EVs and renewable power.
Ouch. How many bags are you holding?
??? Why state this, you can just look at their numbers and see their margins are in fact dropping.
Heaps of kits and the more basic skins (eg. leafblower, angle grinder, hammer drill) get massive discounts because they get people into an ecosystem (and once they’re in, they’re unlikely to move out). Black Friday SKUs are basically loss-leaders to sell the rest of the range (and extra batteries) at full price later on, so I wouldn’t use them to gauge the broader market.
I’ve been buying tools for years. They always go on sales on Black Friday. The price aren’t even low compared to what it was before.
I’m not saying that battery prices aren’t going down, I’m saying that the Black Friday sales means nothing.
Just another huge “ margin hit “ to existing owners haha Hopefully one day Tesla owners start to care more about the company having its shit together and not tanking their resale than the company they don’t profit from margins.