?hordes of prospective Bolt owners
Hordes, Bolts and owners are three words I have never seen together in a sentence.
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?hordes of prospective Bolt owners
Right? Bolt + Owners are rare enough. But to have the spunk to throw in Hordes. Come on, pal?
Hordes, Bolts and owners are three words I have never seen together in a sentence.
The key takeaway — "Until then, we can expect to keep seeing the end of quarter rushes to meet its sales and delivery projections in order to retain confidence from the company's investors."
It's all about the stock price. The company needs capital to expand, it needs the confidence of investors to keep getting capital. Everything else is #2.
The money in question is a $1875 credit on a ~$45k out the door SR+, so about 4% of the purchase price for someone who can afford to spend that much on a car.
I would expect the Q1, Q2, and Q3 rushes to be considerably smaller than the Q4. So there is something potential buyers can do to avoid the rush.
But here’s the big difference I see between last year and this year:
The frenzy from last night to get your car was based on the government’s decision to end a tax credit. Tesla simply benefited from it because it aligned with their goals to maximize end of quarter sales.
But from now on, while Tesla still wants to sell as many cars as they can within a given quarter, there is no incentive on the customer’s side to close the transaction by any given date. So there will be more bargaining power on the side of the customer given that it no longer matters to the customer what day you buy the car. It ONLY matters to Tesla.
but honestly for anyone who took delivery: no paperwork? Not even due bill?
Tesla has had some manner of EoQ incentive nearly every quarter for like 3 years now. When I bought in December 2016 it was the very first “end of free supercharging” (big time hindsight LOL on that one).But here’s the big difference I see between last year and this year:
The frenzy from last night to get your car was based on the government’s decision to end a tax credit. Tesla simply benefited from it because it aligned with their goals to maximize end of quarter sales.
But from now on, while Tesla still wants to sell as many cars as they can within a given quarter, there is no incentive on the customer’s side to close the transaction by any given date. So there will be more bargaining power on the side of the customer given that it no longer matters to the customer what day you buy the car. It ONLY matters to Tesla.
Tesla has had some manner of EoQ incentive nearly every quarter for like 3 years now. When I bought in December 2016 it was the very first “end of free supercharging” (big time hindsight LOL on that one).
The tax credit phaseout has served on numerous occasions, but the gaps have been filled with lots of other gimmicks - more free supercharging, crazy lease deals, “inventory discounts”, free options, etc. I don’t see any reason why this won’t continue as necessary.
Q1 and Q2 this year will probably be a good time to buy as they pulled a lot of demand forward to last quarter and don’t seem to have any major updates planned to drum up new business in the US. I suspect there will be some good end of quarter unpublished incentives like we’ve seen recently - free paint or wheels, some sort of premium connectivity promo, etc.
Once Q3 hits we should see Model Y ramping up which will start a whole new wave of demand. S/X Plaid in ~Q4 - lather, rinse, repeat...
Yes you should expect things to level out...but contact your Tesla repSo what happens now? I ordered on 11/16 and nothing. Are we supposed to expect something in the following days/weeks or is this going to March?
I’m also home! The whole process took about 2.5 hours. The paperwork part only took 30 mins but my car was only charged 50%. I swung by a supercharger in front of the showroom. Unfortunately no sign of Elon but everyone said he was there walking around. They had the cutest “volunteer” there who is a current owner volunteering her time to talk about how awesome Tesla is. I wonder what they offer these current owners?! My car was pretty perfect too. My husband owns auto body shops and he confirmed it looked great with the exception of the smallest dent on my hood near the T. It’s due to someone not shutting the hood with two hands. Very hard to see unless you really try. It wouldn’t even show up in pics. The rep said Tesla will take care of it for us. The only other things I found frustrating was that my app won’t link yet. They said to wait until after 8 because the rush that’s happening. So have to use my key card. My screen also froze while I was charging. After a manual reset it worked fine again.
Now the challenge for me is to get use to all the controls ... currently looking at how I can connect Waze
To those still waiting... I hope Tesla does something to make it up to you! Good luck!
I also think I am missing the phone usb cables. Did yours come with it?
Happy New Year's everyone! I just wanted to provide a follow up to what I posted. Upon closer inspection, there are flaws with my car. The driver side door will not close all the way unless you slam it. My husband said they need to adjust the hinge/catch?
Cables are no longer included.
I purchased this one from amazon: https://www.amazon.com/gp/product/B06XQ1R63B/ and it seems to work well. Note the name has 2 in it twice, but it is a single cable you are purchasing, so might want to get two of them?
Did you make this up?Free premium lifetime connectivity if you take delivery before 3/31/2020
Free 3 years of supercharging if you take delivery 6/30/2020
While Tesla has to give something, it doesn't have to be that much to engineer demand levers as necessary.
of course it is made up.Did you make this up?
That often happens with new cars. The seals are new and need to be broken in. It was the same thing with mine. After a few days it’s much better.
Free Supercharging for "Life" has always been a bone they throw out. They did it for S and X again this quarter.Free premium lifetime connectivity if you take delivery before 3/31/2020
Free 3 years of supercharging if you take delivery 6/30/2020
While Tesla has to give something, it doesn't have to be that much to engineer demand levers as necessary.