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Yup but aren’t those screenshots stating that the product 500,000 people signed up isn’t available on to order direct for another 4-7 Tesla Month Units?
The company can’t sell the car they all paid a deposit for yet as it would be loss making. They need to sell the more expensive version until there is enough volume or desperation whicher comes sooner.
The company can’t sell the car they all paid a deposit for yet as it would be loss making. They need to sell the more expensive version until there is enough volume or desperation whicher comes sooner.
DonkeyApple said:
Yup but aren’t those screenshots stating that the product 500,000 people signed up isn’t available on to order direct for another 4-7 Tesla Month Units?
The company can’t sell the car they all paid a deposit for yet as it would be loss making. They need to sell the more expensive version until there is enough volume or desperation whicher comes sooner.
The 500k is a global figure, but even so, a large proportion will be US, so they must be waiting for the cheaper model as you say, or current leases to come up for renewal, but there lies another oddball, Tesla will soon be losing a $7500 credit on the car, its either dropping to 3750 or disappearing (I can't say I fully understand the US system), but either way it seems people are waiting to save 10k on a lesser spec car and are going to lose much of that saving due to less rebateThe company can’t sell the car they all paid a deposit for yet as it would be loss making. They need to sell the more expensive version until there is enough volume or desperation whicher comes sooner.
TooLateForAName said:
I do wonder how many reservations are actually ego trips or wishful thinking. 'Yeah, I have a reservation on a model 3' but no ability or desire to actually complete on the purchase.
There are probably various industry figures for that behaviour. Lots of tools just want the benefit of saying they are a buyer but no intention or ability to transition through to being a buyer. What would be interesting given Tesla’s brand attraction is whether their figure transpires to be higher or lower. Edited by TooLateForAName on Saturday 8th September 15:14
TooLateForAName said:
I do wonder how many reservations are actually ego trips or wishful thinking. 'Yeah, I have a reservation on a model 3' but no ability or desire to actually complete on the purchase.
Why would you pay the deposit to do that. If you're going to bullsEdited by TooLateForAName on Saturday 8th September 15:14
t you can do it without paying out money.All I got for my 1k deposit was an email.
98elise said:
TooLateForAName said:
I do wonder how many reservations are actually ego trips or wishful thinking. 'Yeah, I have a reservation on a model 3' but no ability or desire to actually complete on the purchase.
Why would you pay the deposit to do that. If you're going to bullsEdited by TooLateForAName on Saturday 8th September 15:14
t you can do it without paying out money.All I got for my 1k deposit was an email.
Saudi's have switched sides. Pouring $1bn into another US Electric car company
https://www.bloomberg.com/view/articles/2018-09-17...
Also numbers of electric on the market is increasing;
https://www.bloomberg.com/view/articles/2018-09-17...
Also numbers of electric on the market is increasing;
Edited by hyphen on Tuesday 18th September 00:29
hyphen said:
Saudi's have switched sides. Pouring $1bn into another US Electric car company
https://www.bloomberg.com/view/articles/2018-09-17...
Also numbers of electric on the market is increasing;
It’s just a hedge though. A big fund like that which is looking to diversify away from oil revenues is going to take stakes in more than one enterprise. https://www.bloomberg.com/view/articles/2018-09-17...
Also numbers of electric on the market is increasing;
Edited by hyphen on Tuesday 18th September 00:29
Access to a sovereign wealth fund like that is probably great news for the EV industry as a whole?
Probably the key news right now is that Musk kept his gob shut for a week and TSLA rose 10%.
RobDickinson said:
Lucid gets a billion invested the same month Tesla sell a billion worth of vehicles.
There's going to be many startups and a lot of investing.
Delivered a billion worth of vehicles. Not sold. They were already sold. Big difference. The actual figure being somewhat critical to the business post pre-order delivery phase don’t you think? There's going to be many startups and a lot of investing.
JPJPJP said:
Nothing to do with EVs, but all to do with share prices - given some views on the TSLA share price
Tilray (TLRY)
$28m annual sales, nett assets = ($5.8m), no profits...
Market cap = $11.68 billion / 94th in the S&P500
At least there is a well established and proven market for their product and they can easily undercut the incumbent suppliers and still retain good margins. Tilray (TLRY)
$28m annual sales, nett assets = ($5.8m), no profits...
Market cap = $11.68 billion / 94th in the S&P500
CBD is the new place to be and seemingly the survivors of the previous get rich quick market, cryptos, are being moved in to this latest get rich quick sector.
CBD is apparently an appetite suppressant so in fairness it probably does have an enormous market potential in motobility, would you like chips with that, fatland.
DonkeyApple said:
Delivered a billion worth of vehicles. Not sold. They were already sold. Big difference. The actual figure being somewhat critical to the business post pre-order delivery phase don’t you think?
Nope sold. Cash Swapped for vehicles in the month. How else do you think it works..
RobDickinson said:
DonkeyApple said:
Delivered a billion worth of vehicles. Not sold. They were already sold. Big difference. The actual figure being somewhat critical to the business post pre-order delivery phase don’t you think?
Nope sold. Cash Swapped for vehicles in the month. How else do you think it works..
Even you must know that isn’t how this works. It’s painful watching all your spin and propaganda. You must be smarter than this?
RobDickinson said:
So fking what if some of them are pre orders there still sales, you were bhing about the pre orders not actually being sakes not long ago, can't have it both ways.
Not all of them will Be will they? But what you are seeing now is revenue from 2016 pre-orders. Do you know how many sales of the model 3 have taken place this month? king what if some of them are pre orders there still sales, you were bhing about the pre orders not actually being sakes not long ago, can't have it both ways. https://twitter.com/Model3VINs
suggests the highest VIN for model 3 is, so far, 116263
and that the proportion of cars registered that are AWD / dual motor is far higher than Tesla was predicting in the Q2 earnings call - there is an obvious knock on to the financials
In other news, the maturity dates of a collection of debt instruments called Warehouse Agreements that are associated with vehicle leasing, value $1.1bn, has been extended from Sep 19 to Sep 20
http://ir.tesla.com/static-files/d7d7ef40-8ac4-47b...
suggests the highest VIN for model 3 is, so far, 116263
and that the proportion of cars registered that are AWD / dual motor is far higher than Tesla was predicting in the Q2 earnings call - there is an obvious knock on to the financials
In other news, the maturity dates of a collection of debt instruments called Warehouse Agreements that are associated with vehicle leasing, value $1.1bn, has been extended from Sep 19 to Sep 20
http://ir.tesla.com/static-files/d7d7ef40-8ac4-47b...
Edited by anonymous-user on Tuesday 18th September 12:38
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