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Being inflexibly bound to some model while growing might not be optimal, best to have some flexibility with these things. And openly listing inventory discounts is not quite the same as putting the haggling model front and center.
I guess that depends on your definition of "small"
@dha Sorry about that. For some reason, @Drivin, along with a number of long time lurkers are disliking everything I post. If I said "The weather today is good", he/she would likely dislike the post lol.
@Drivin Why did you dislike this particular post? I think we both agree that a hat is a hat and a chair is a chair?
If you disliked my post because you dislike Apple for whatever reason, don't take it out on my posts.
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^^^I applaud this definitive response^^^.
Now, stick to it. No 'hey, let's take this car for a test drive it is fresh off the truck..... Since we just test drove Now we can discount it to you'
Anyhoo,at least it looks like it could be a good quarter
Yeah, right? This line sticks out:
By what metric? Q3 will obviously dwarf the previous delivery record which currently stands at 17,400 (Q4 2015).
Meanwhile, EPS record (Q1 2013) stands at $0.12 / $0.20 (GAAP / Non-GAAP). Those numbers are both above current consensus estimates.
mmd
Active Member
Discount on CPO and floor models only? Doubt it. It is an issue if Elon is not aware of these while everyone else knows.
URL="https://teslamotorsclub.com/tmc/posts/1753350/"]Snagged a P90D Inventory car for $700/mnth on the new 24 month lease[/URL]
URL="https://teslamotorsclub.com/tmc/posts/1753350/"]Snagged a P90D Inventory car for $700/mnth on the new 24 month lease[/URL]
Huh?
As of January 2016, Apple had 43.3% of Smartphone subscribers.
This is up 0.3% from the October numbers.
comScore Reports January 2016 U.S. Smartphone Subscriber Market Share
Do you have any citations about the price elasticity in the market? It isn't clear that Android users would switch based on discounted iPhones.
While I like the response, I can't help but feel disappointed because once again Elon/Tesla is showing they are not on top of their execution.
In particular, Elon sent an email to the whole company telling them deliver every car possible. The sales team thought they were doing exactly that, and now Elon is telling them it's wrong.
This discounting scheme has been known to us for a month:
Tesla is showing signs of moving away from the ‘no haggle’ sales model
He may classify many of those inventory cars as 'floor models' if they were used for stuff like test drives. Which seems fair.
The letter specifically states not to sell a car rolling straight out of the factory at a discount, which is no different than what we knew.
Coincidentally, Solar City just appointed a "Small CFO"
mmd
Active Member
By that definition, every car sold by dealers is a 'floor model', as you can go to a dealer and test drive any car on the lot. Are all the cars in dealer lots floor models? New cars I bought always had 50-100 miles on them.
You don't sell a car right off the assembly line. It needs some bare minimum track testing.
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Maybe the demo vehicle was no longer available, for whatever reason and Tesla rather then canceling the sale and potentially stranding the customer gave priority to the customer and offered more than what was promised, due to extenuating circumstances?
My guess is 2-300 cars (probably 75's) got delivered to US customers from the factory at discount even though they were essentially brand new. ~1% of world-wide quarter deliveries. I guess that is small.
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