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Elon at it again on Twitter

Discussion in 'Model 3' started by dieqast, Mar 30, 2016.

  1. apacheguy

    apacheguy S Sig #255

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    Not sure why this is surprising to anyone. Car won't enter production at all this year. Of course lots of details still need to be worked out. Makes sense.
     
  2. apacheguy

    apacheguy S Sig #255

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    Right. Exactly.
     
  3. Johan

    Johan Funds for M3 secured. Contingent on wife aproval.

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    Sometimes the real gems are in the replies:

    image.jpeg
     
  4. Subhuman

    Subhuman Member

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    Don't forget the free cookies!
     
  5. ludicrousspeed

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    I must say that I'm not a huge fan of his last tweet. There's no reason to equate the reservations to $7.5B (even though it will eventually amount to that) for several reasons, including the fact that they won't receive that revenue for years and people will likely cancel their order.
     
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  6. Johan

    Johan Funds for M3 secured. Contingent on wife aproval.

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    Elon's over optimistic, one might even go as far as saying opportunistic, side showing. He tends to go in to this mode when he's been holding back for a while is finally set free.
     
  7. techmaven

    techmaven Active Member

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    He's exactly right to equate it to $7.5B... they have a lot more knowledge about the expected options mix and therefore ASP's than anyone else. Everyone knows this is future revenue, it is in the context of a product to be delivered in the future. Further, anyone cancelling is likely to be easily replaced so this is still a good marker.
     
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  8. diamond.g

    diamond.g Active Member

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    If his ASP estimate is true that bodes well for prices on options. No?
     
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  9. Az_Rael

    Az_Rael Supporting Member

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    This conversation is missing the actual tweet:
    image.jpeg
     
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    • Like x 1
  10. Tezlah

    Tezlah Member

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    That's what I was thinking too.
     
  11. hockeythug

    hockeythug Active Member

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    I assume AWD and convenience auto pilot. Maybe a 0-60 bump as well.
     
  12. vjason

    vjason Member

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    He can easily guess revenue for year 1; as I said yesterday year 1 production will likely be sold out between now and the release date (if not much sooner).

    If no one cancels, what was sold before the full reveal was ~3 months of production alone, just for the model 3. And that assumes they can build 500K a year as he said (not doubting, just putting forward that disclaimer).

    My bigger question is will they ever starting putting cars on the lot, or are there enough customers out there who are willing to settle for a car that will take a short while to be built? I'm fine with custom orders and waiting (first new car I ever bought had to be custom ordered to get the engine+tranny combo I wanted), but for many a car is an impulse buy off the lot. This is all a very long term concern through, as the 3's will sell just fine as 100% custom orders until probably 2019 at the earliest. Tesla doesn't really have to worry about buying habits so long as they can sell 6 digits worth of pre-orders.


     
  13. TslaIsFuture

    TslaIsFuture 2 Model 3 reservations 3/31/2016

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    Elon just tweeted....almost ~200k reservations.
     
  14. Az_Rael

    Az_Rael Supporting Member

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    image.jpeg

    Wowzers. Glad I'm not counting on the tax credit. This is gonna be a wild ride.
     
    • Informative x 1
  15. RubberToe

    RubberToe Supporting the greater good

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    A brand spanking new Tesla car manufacturing plant in China would go a long way toward decreasing the Model 3 wait times for all involved. Might as well break ground on Gigafactory 2 while they are at it. Just sayin ;).

    RT
     
  16. RubberToe

    RubberToe Supporting the greater good

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    BMW, Mercedes, VW and Audi are going to have to go on a massive hiring spree in order to fill all the Human Resources positions they will need to allow them to process, in a timely manner, the thousands of layoff notices they will be sending out to their workers...

    RT
     
  17. RubberToe

    RubberToe Supporting the greater good

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    [​IMG]

    Think, Elon, Think !
     
  18. Shaggy

    Shaggy Member

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    I hope this doesn't screw up My Feb 2018 Model S order...
     
  19. Subhuman

    Subhuman Member

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    Tesla should post the reservation counter that they had at the reveal event at the top of the website.
     
    • Like x 1
  20. tmoz

    tmoz S85D, Prius PiP

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    What!? You got cookies?
     

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