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Tesla opens the Model 3 reservation floodgates

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Re: Tesla opens the Model 3 reservation floodgates

#3
post #2

Tesla has had an extremely difficult time ramping up production of the Model 3. Hopefully they to to 700 cars a day this week. However, getting to the 10,000 cars a week (another doubling) seems impossible unless they add another factory.

Adding other tents are probably easy, the hard part is slashing the cost of manufacturing to be profitable with $35000/car

Re: Tesla opens the Model 3 reservation floodgates

#4
Someone tweeted this video[1] of the tent production line a over a week ago. It looks a lot less clean than the picture Elon tweeted thats in the article.

I don't know if I would purchase a 35K+ car that was assembled outside in the open. Also it appears quite chaotic with chassis being transported around also in the open.

[1] https://twitter.com/IspyTsla/status/1009134913881190400?s=19

Re: Tesla opens the Model 3 reservation floodgates

#5

Someone tweeted this video[1] of the tent production line a over a week ago. It looks a lot less clean than the picture Elon tweeted thats in the article. I don't know if I would purchase a 35K+ car that was assembled outside in the open. Also it appears quite chaotic with chassis being transported around also in the open. [1] https://twitter.com/IspyTsla/status/1009134913881190400?s=19

Good point. I would buy a bmw and keep it locked under cover in my garage and definitely never open it

Re: Tesla opens the Model 3 reservation floodgates

#6
Last I read, Tesla is holding $985MM in customer deposits. [1] Now they are asking for, I'm assuming, full payment for cars starting at $48,000. However, the soonest one can be delivered is in "two to four months" and that's only for the trim that starts at $64,000. Plus there are now quite a few options costing in the thousands.

For every 10,000 customers that place an order of the, likely, several hundred thousand current deposit holders, that's somewhere around $600 MM in additional customer money that Tesla would be holding. For every 10,000 customers. But that money won't deliver a physical product for months.

Is this a play to make billions more in deposit money? Is this how they plan to take no more investment/debt this year?

Is there anyone on the list looking to buy one that can confirm if this requires full payment?

EDIT: Apparently, the ask is for an additional $2,500. [2] That would make $25MM per 10,000 customers that place an order.

Putting forth the additional $2,500 also removes the ability for you receive a refund of the original $1,000 deposit if you do not cancel within three days.

[1] https://www.bloomberg.com/graphics/2018-tesla-burns-cash/

[2] https://www.cnbc.com/2018/06/28/tesla-model-3-orders-cost-25...

Re: Tesla opens the Model 3 reservation floodgates

#7

Someone tweeted this video[1] of the tent production line a over a week ago. It looks a lot less clean than the picture Elon tweeted thats in the article. I don't know if I would purchase a 35K+ car that was assembled outside in the open. Also it appears quite chaotic with chassis being transported around also in the open. [1] https://twitter.com/IspyTsla/status/1009134913881190400?s=19

I have nothing to compare against, so if I was in the market for a $35k car [1] I’d probably be fine with this.

[1] I’d prefer to invest most of the money and have a cheaper second hand car, and if I had enough spare that $35k was pocket change, I’d be more interested in a tiny aircraft or a small liveaboard boat.

Re: Tesla opens the Model 3 reservation floodgates

#8
post #6

Last I read, Tesla is holding $985MM in customer deposits. [1] Now they are asking for, I'm assuming, full payment for cars starting at $48,000. However, the soonest one can be delivered is in "two to four months" and that's only for the trim that starts at $64,000. Plus there are now quite a few options costing in the thousands. For every 10,000 customers that place an order of the, likely, several hundred thousand…

The deposit for a Model 3 is $1,000.

Re: Tesla opens the Model 3 reservation floodgates

#9

Someone tweeted this video[1] of the tent production line a over a week ago. It looks a lot less clean than the picture Elon tweeted thats in the article. I don't know if I would purchase a 35K+ car that was assembled outside in the open. Also it appears quite chaotic with chassis being transported around also in the open. [1] https://twitter.com/IspyTsla/status/1009134913881190400?s=19

I'm curious as to why you would be reluctant to buy a car assembled "in the open" ? Would you be afraid to drive it outside too ?

Re: Tesla opens the Model 3 reservation floodgates

#10
post #6

Last I read, Tesla is holding $985MM in customer deposits. [1] Now they are asking for, I'm assuming, full payment for cars starting at $48,000. However, the soonest one can be delivered is in "two to four months" and that's only for the trim that starts at $64,000. Plus there are now quite a few options costing in the thousands. For every 10,000 customers that place an order of the, likely, several hundred thousand…

The deposit for a Model 3 is $1,000.

But the article isn't about offering deposits. It's about ordering.
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