100% this is cash flow related and now that the earnings call has taken place they will start delivering the spoilers. There is no redesign, no supply chain delay, or whatever other nonsense we have all been told. This is simply Tesla delaying costs against purchase to improve their cash conversion cycle.
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Has Any P3D+ Owners Gotten Carbon Fiber Spoiler?
- Thread starter Zoglog
- Start date
UngaBunga1989
Member
If that was true, the spoilers would have started shipping in January as their most recent quarterly financial statements closed on 12/31/18. They could have shipped literally every spoiler owed on January 1, 2019 and it would have not impacted what they said on yesterday's earnings call. Plus, since they are a public company and must use GAAP accounting, the liability for spoilers owed needs to be reflected when each car was sold -- not when they ship the spoilers. So, while it MIGHT have been a cash flow play (i.e. order the spoilers and pay for them in THIS quarter rather than Q4, 2018), the liability would have still needed to be on the books AND given their likely cost per spoiler (has to be less than $500), I don't think they'd monkey around with their financial statements to save such a small relative amount of cash.
All of that said, I hope you are right about them starting to deliver all of them now -- for whatever reason!!
It would be kind of hilarious if there was actually a line item on their financial statement for "Spoilers Owed." lol
My biggest concern is with no one at Tesla providing a straight answer. I don't care if they say tomorrow or March, just let me know what's realistic. Also, with their suspect record keeping, I'd be curious how many P3D owners may have been left off a list.
I was at the Utah Tesla Service Center this week and they told me they're being told the spoilers are still 2-3 months out.
Makes you wonder if they're holding off now until it warms up. My service center said they don't plan to install the badges or spoilers until spring because it won't have a good adhesion in the cold.
CrazyCoconut
Member
So I pinged my local SC again. Took them 3 days to get back to me. But I got two different responses a couple of hours apart:
Impactwrench
Member
I can’t belive that no one has yet speculated that the spoilers are a pimple on Teslas ass. They are heavily in debt, trying to succeed as a new car Company and is not paying all of the suppliers on time. Probably in proccess of looking for of a spoiler supplier who will ship and accept payment whenever they can get it. Not lots of them out there
Lifeinabox
Member
Impactwrench
Member
Impactwrench
Member
Or put it on the new board member's credit card
Larry Ellison Has Secured $10 Billion Worth Of Credit For His Personal Spending
Sg911
Member
Sg911
Member
This is how my model 3 looked after they installed my badge lol with their template!!!. I was able to compound it out
silentsnow31802
Member
DB-Cooper
Member
Check earlier posts. He has another aftermarket badge on the “right” side of the car.
Yes. The lack of ANY communication is unacceptable. Somebody should be fired for that.
the 2nd part of this problem is the myriad of differing excuses?
does tesla's void of accurate information subtly encourage it's
employees to just manufacture expectations to not appear to
be as in the dark as the customers?
each time I'm given a vague yet seemingly convincing answer,
I try and not be disrespectful when explaining how inaccurate
and convincing their previous fellow employees reasoning was/is!
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