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Cars & Coffee Killer
 
legion's Avatar
 
Join Date: Sep 2004
Location: State of Failure
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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.

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Old 07-19-2018, 04:21 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #321 (permalink)
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I keep saying; how are they going to make money on a $35k car when they can't clear profit on a $135k car.
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Old 07-19-2018, 05:31 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #322 (permalink)
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I would cancel just over the plastic hub caps.
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Old 07-19-2018, 05:41 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #323 (permalink)
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Quote:
Originally Posted by island911 View Post
I keep saying; how are they going to make money on a $35k car when they can't clear profit on a $135k car.
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Old 07-19-2018, 08:58 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #324 (permalink)
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Reckon that's what called ludicrous mode. Either that or sleeping at the factory and calling heroes pedos.
Old 07-20-2018, 04:16 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #325 (permalink)
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How did that car miss the building but hit the sign?
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Old 07-20-2018, 08:16 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #326 (permalink)
 
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The Tesla Pyramid collapsing???

https://www.zerohedge.com/news/2018-07-22/liquidity-crisis-tesla-asks-suppliers-cash-back
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Old 07-22-2018, 05:56 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #327 (permalink)
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Tesla's new car smell, a certain Enron Musk
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Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong.
Disclaimer: the above was 2¢ worth.
More information is available as my professional opinion, which is provided for an exorbitant fee.
Old 07-22-2018, 08:56 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #328 (permalink)
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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.
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Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong.
Disclaimer: the above was 2¢ worth.
More information is available as my professional opinion, which is provided for an exorbitant fee.
Old 07-22-2018, 09:03 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #329 (permalink)
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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?
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Old 07-23-2018, 02:19 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #330 (permalink)
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Quote:
Originally Posted by astrochex View Post
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.
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Old 07-23-2018, 08:23 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #331 (permalink)
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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
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Old 07-23-2018, 08:30 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #332 (permalink)
 
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Cars sitting in inventory either need a repair, or a part added. Part of the high volume push...
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Old 07-23-2018, 08:40 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #333 (permalink)
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Quote:
Originally Posted by 944 S2 View Post
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.
Old 07-23-2018, 09:54 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #334 (permalink)
canna change law physics
 
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Quote:
Originally Posted by sammyg2 View Post
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!
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Old 07-23-2018, 10:38 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #335 (permalink)
Cars & Coffee Killer
 
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That's lap #2.
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Some Porsches long ago...then a wankle...
5 liters of VVT fury now
-Chris

"There is freedom in risk, just as there is oppression in security."
Old 07-23-2018, 10:47 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #336 (permalink)
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Quote:
Originally Posted by red-beard View Post
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.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Old 07-23-2018, 10:51 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #337 (permalink)
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Old 07-23-2018, 11:05 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #338 (permalink)
Did you get the memo?
 
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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.
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Old 07-23-2018, 01:01 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #339 (permalink)
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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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Old 07-23-2018, 02:14 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #340 (permalink)
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