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Cybertruck Foundation Series Reservation Holder Reveals Cost Of $120,000: Only 1,000 Will Ever Be Made
- Thread starter !igs
- Start date
Except for a VERY few, the "limited edition" and "founder's editions" vehicles have seldom panned out on holding up values. So to this extend, I disagree with you on 1).
I do agree with you on item 2), As evident my 2 teslas are 4 years apart. While the 2019 M3 looks similar to the 2023 MY, the Build, Feel, and Touch of the hardware/software is similar to that of a Laptop or Smartphone in the same 4 yrs difference.
As such, my solution to item 2) is the same as my Smart Phone and Laptop. Replace it after 18 months...
The days of keeping that "Honda Civic/Toyota Camary" for 18 years "'till the wheels fell off.." are GONE!! Its the reality...
jebinc
Well-Known Member
Yeah, my many Hondas and Subarus were bullet proof, reliability/dependability wise.
A2be
Member
Yes, your hypothesis that "The Foundation series isn't "Sold-out" per se, in fact, Tesla intends to continue with the weekly release of limited order spots for the entire 2024." is entirely consistent with the overall thrust of what I see Tesla is doing here: use the market for price discovery, while explicitly charging the high WTP buyers more. (I'm agnostic on the question of the total number of Foundation series vehicles, or how long Tesla will maintain the program to capture higher profit on the early sales.)
Moreover, as you suggested, they are endeavoring to capture what would otherwise be "consumer surplus." The consumers naturally will try, as Adam Smith pointed out, to "truck, barter and exchange" to collect that surplus. Tesla is actively undertaking means to limit that (resale limits, price discrimination in early sales, buyback contracts, etc.)
This is pretty normal behavior for a company; but Tesla is executing it very well.
After all, one of Musk's two undergrad degrees was economics.
Musk is a genius knowing his Cult will buy anything he puts out.
Or perhaps he is merely an economist and understand when to exercise his monopolistic power.
Or perhaps he is merely an economist and understand when to exercise his monopolistic power.
Like when he overpaid for Twitter?
Re: Overpaid:
People said that back in November 2006 when Google "overpaid" YouTube.
Kinda tough to call who won the game when it's only top half of 2nd inning. Isn't it?
People said that back in November 2006 when Google "overpaid" YouTube.
Kinda tough to call who won the game when it's only top half of 2nd inning. Isn't it?
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jebinc
Well-Known Member
But aren’t things for him getting worse with X, and not better, financially speaking?
On what? If people thought Google Overpaid for Youtube way back in the daze??
Here is one for the flavor:
Google: We Paid $1B Premium for YouTube
Testimony by CEO Reveals Google's 2006 Buy of Video Site Was to Preempt Purchase by Competitor
www.cbsnews.com
I dunno... Are they?? X is a privately held company, so unless we are an insider or a stakeholder of the company, it is none of our business.
To be clear, I am not part of the Elon Musk cult. I am many things.. and especially a racer and a car guy. I happen to really like the performance of the tesla cars and have had a vested interest in the Financial Performance of TSLA since 2014.
I don't own an equity interest in Musk the guy, SpaceX, or anything else related to Musk (other than TSLA).
I think he is autistic and like everyone in this world, has his own attitudes, opinions, and pet peeves.
I DO think he is a proven winner like Tom Brady, Aaron Rodgers. Having the qualities and intangible of a winner, despite losing 28-3 at Halftime in Superbowl LI
or
I will say that based on Musk's track record, betting against him and his endeavors is probably a bad idea.
Just my 2 cents worth,
beewang
What is FSD capability mean? That FSD software is included? All new teslas come FSD capable…To be a little bit fair, though,
It does include "premium accessories, charging equipment with PowerHome backup, All Terrain tires, FSD capability and more"...
They're basically starting with the Beast mode truck price and then adding in all the extra stuff...Like I've always been saying, fully loaded trim will be sold first...
jebinc
Well-Known Member
It means you pay for it today (via $20k Founder's package), but it's not activated when you take delivery.... rather you are told it will come soon. A movie often replayed by Tesla. Fans give it a 5 star rating as well.
Just got my 2nd invite to configure. Was hoping this was for the non-founder edition but no luck. So they sent it to me, I didn't act, it went away, and now back a week or so later.
If they are really only making 1000 founder's editions then there must not be many takers. I figured there were enough orders in CA and TX to eat up that first 1K.
If they are really only making 1000 founder's editions then there must not be many takers. I figured there were enough orders in CA and TX to eat up that first 1K.
jebinc
Well-Known Member
Hopefully you stick with your resolve and not fold under their playing on the FoMo affect by issuing that “last chance, once in a lifetime” Founder’s configuration.
As discussed in other thread, the Founder's Edition does not appear to have a unit limit announced by Tesla
jebinc
Well-Known Member
We are talking about Tesla and Elon here....it is "limited".... "Limited" to the number they can sell to the flock!
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