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-   -   Are we not talking about the way cool new Tesla lorry and Roadster? (http://forums.pelicanparts.com/off-topic-discussions/977894-we-not-talking-about-way-cool-new-tesla-lorry-roadster.html)

legion 07-19-2018 05:21 PM
First lap around the drain complete...

https://money.cnn.com/2018/07/19/technology/business/tesla-downgrade/index.html

Quote:
Tesla is finally making enough Model 3s -- but an analyst says many customers are growing too impatient to wait any longer for them.

Cancellations for Model 3 orders have picked up in recent weeks. Refunds now outpace deposits for Tesla's new mass-market electric car, according to Needham & Co. analyst Rajvindra Gill. Tesla disputes that.

In an analyst note delivered to clients Thursday, Gill cited extended wait times for the car, the expiration of a $7,500 tax credit, and the fact that Tesla has not yet made the $35,000 base model of the car available for purchase yet.

About one in every four Model 3 orders is canceled, Gill said, double the rate from a year ago. Customers have to put down a refundable $1,000 deposit to reserve a Model 3, then pay another $2,500 to choose their specific version. They pay the rest when the car is delivered.

The wait time for a Model 3 is about 4 months to a year, and base model customers could wait until 2020, Gill said.

island911 07-19-2018 06:31 PM
I keep saying; how are they going to make money on a $35k car when they can't clear profit on a $135k car.

Scott R 07-19-2018 06:41 PM
I would cancel just over the plastic hub caps.

svandamme 07-19-2018 09:58 PM
Quote:
Originally Posted by island911 (Post 10114153)
I keep saying; how are they going to make money on a $35k car when they can't clear profit on a $135k car.
http://queenstrack.com/wp-content/up...dealership.jpg

cairns 07-20-2018 05:16 AM
Reckon that's what called ludicrous mode. Either that or sleeping at the factory and calling heroes pedos.

1990C4S 07-20-2018 09:16 AM
How did that car miss the building but hit the sign?

pwd72s 07-22-2018 06:56 PM
The Tesla Pyramid collapsing???
 
https://www.zerohedge.com/news/2018-07-22/liquidity-crisis-tesla-asks-suppliers-cash-back

island911 07-22-2018 09:56 PM
Tesla's new car smell, a certain Enron Musk

island911 07-22-2018 10:03 PM
Seriously, a guy who thinks that underground vacuum tubes are a viable transportation solution . . . is not someone to trust with billions.

YMMV, but I think this was pretty obvious to all but the unicorn riders.

astrochex 07-23-2018 03:19 AM
I have a coworker who ordered a Model 3. I will send him the zero hedge link. I hope he gets his car. But even if he gets it, with Tesla’s trajectory, will Tesla be able to provide service?

pwd72s 07-23-2018 09:23 AM
Quote:
Originally Posted by astrochex (Post 10117339)
I have a coworker who ordered a Model 3. I will send him the zero hedge link. I hope he gets his car. But even if he gets it, with Tesla’s trajectory, will Tesla be able to provide service?
My Crystal ball is cloudy on that. Oh well, off to the local Studebaker dealer for an oil change.

Scott R 07-23-2018 09:30 AM
That's not even the strangest story I've seen recently. They have a ton of cars sitting in fields and no one is sure why.

https://www.zerohedge.com/news/2018-07-19/why-are-thousands-teslas-sitting-field-california-0

1990C4S 07-23-2018 09:40 AM
Cars sitting in inventory either need a repair, or a part added. Part of the high volume push...

sammyg2 07-23-2018 10:54 AM
Quote:
Originally Posted by 944 S2 (Post 10104388)
Funny, that’s the basic strategy all the other electric start up are planning. Developed in the technology center (California) and build in China. Perhaps Tesla will beat them to it.
Good move on his part.
Musk will move to wherever they pay him to be.
He makes a huge living off the taxpayers and will continue to do so, he's the PT Barnum of the 21st century.

red-beard 07-23-2018 11:38 AM
Quote:
Originally Posted by sammyg2 (Post 10117735)
Musk will move to wherever they pay him to be.
He makes a huge living off the taxpayers and will continue to do so, he's the PT Barnum of the 21st century.
PT Barnum didn't need tax payer money to dupe the citizens. Now to see the Egress!

legion 07-23-2018 11:47 AM
That's lap #2.

pwd72s 07-23-2018 11:51 AM
Quote:
Originally Posted by red-beard (Post 10117790)
PT Barnum didn't need tax payer money to dupe the citizens. Now to see the Egress!
Really good con men go where there is the most money. Now, the Feds are crazy in debt, but they can still throw lots of money around.

sammyg2 07-23-2018 12:05 PM
http://forums.pelicanparts.com/uploa...1532372661.jpg

onewhippedpuppy 07-23-2018 02:01 PM
You know the crazy thing? This is a company that has never turned a profit that still somehow almost hit $400/share and is still, despite acting like being on the verge of bankruptcy, over $300/share. If anyone needs an exhibit A for the stock market being as much about emotion as rational thought, here you go.

Shaun @ Tru6 07-23-2018 03:14 PM
This analyst seems pretty bullish about Tesla's future.

https://www.bloomberg.com/news/articles/2018-07-23/tesla-asks-suppliers-for-refunds-to-help-turn-a-profit-wsj-says


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