Anyone else sacrifice their deposit to get AP 2.0?

[MP3Mike]

Wonder how much revenue boost Tesla will recognize just for cancelled orders?

Yeah but at the same time won't they likely take a hit on profit when selling the cars at a discounted price? (And there is no saying that all of the people that cancel will re-order.)

I can imagine that there are some people that are really conflicted. (Do I accept the MX60D with AP1 hardware, or do I get nothing because I can't afford a MX75D with AP2.)

But how many AP1 cars are in the delivery queue? If they did a good job of clearing the queue for Q3 there might not be that many.

 

[sorka]

Yeah but at the same time won't they likely take a hit on profit when selling the cars at a discounted price? (And there is no saying that all of the people that cancel will re-order.)

I can imagine that there are some people that are really conflicted. (Do I accept the MX60D with AP1 hardware, or do I get nothing because I can't afford a MX75D with AP2.)

Well they already produce a fairly large number of inventory cars, so the canceled ones can just be inventory cars and then they can produce fewer inventory cars a few weeks later as they'll now need to produce more customer orders to to take care of those that canceled and pushed off to the following month.

 

[sorka]

I suspect they will lose a lot more on the loss in value for all of their AP1 inventory cars and the rejected AP1 cars. They are losing more than $2,500 in value on each of those. They probably will have to discount AP1 cars by more than $2,500 to move them.

I thought Elon said they weren't going to discount cars any more?

 

[RocketGoBoom]

I thought Elon said they weren't going to discount cars any more?

Yeah, Elon also said he is going to send millions of people to Mars for $200,000 each. I don't believe that either.

Remember the Tesla battery swap service? Lots of stuff Elon says never happens.

Tesla will be discounting cars near the end of every quarter, just like every public company that has sales targets.

 

[brkaus]

They will likely discount inventory cars, esp if they lineup new feature release to a quarter end. What they declare as inventory is up for debate.

 

[brkaus]

Actually, might look at one of these as an option for my mom. As much as she could benefit from full autonomous, unless it was truly auto-uber, she's best off with only the safety features and no complications.

 

[dckiwi]

Same here. I had ordered a brand new 75D inventory car with a significant discount at the end of Q3. Was supposed to pick up last Thursday morning but then canceled when new AP hardware was announced the night before. Lost a $1k deposit because it was an inventory car and not a new build.

I'm assuming you also lost the inventory discount?

 

[arosenbe]

Make that clear. Tell them you will re-order if your deposit is applied towards the new car. If not, you are moving on.

Honestly, they don't care, nor should they. I knew what I was getting into, I understood that if I cancelled it was my choice. Why should they apply my deposit to my new order?

 

[dckiwi]

Honestly, they don't care, nor should they. I knew what I was getting into, I understood that if I cancelled it was my choice. Why should they apply my deposit to my new order?

They care because their choice would be to miss out on your $2,500 cancellation fee or miss out on you buying another car with a much higher profit margin than $2,500.

 

[mrtian97]

how best way to ask Tesla if I am in the market for these AP1 car as long as they give meaningful discounts

 

[Spidy]

I thought Elon said they weren't going to discount cars any more?

They give "discounts", just not for new cars straight out the factory. They will just wait until the end of November/December. Then the cars will already be 1-2 months old, have old hardware and maybe a few miles and voila easy way to justify a price reduction.

 

[Joeker88]

I got lucky. My spec was with autopilot 1 but I got an email if I want the enhanced autopilot so I went with that!

 

[Beryl]

Well they already produce a fairly large number of inventory cars, so the canceled ones can just be inventory cars and then they can produce fewer inventory cars a few weeks later as they'll now need to produce more customer orders to to take care of those that canceled and pushed off to the following month.

And hopefully they will be added to the loaner fleet. They definitely need more AP1 cars now and will need a lot more once Model 3s come out.