Hi, I’m a short seller

[Reciprocity]

Model 3 is a luxury sedan? Usually luxury sedans don’t include features like vanity mirrors installed with 2 sided tape and misaligned body panels and other things that legacy automakers figured out by 1980 or so.

If it troubles you so. Just base it price. Tesla charges a luxury premium and people are more than willing to pay.

 

[hacer]

Honest question

does anyone feel like you were bait and switched?

I mean people put down 1k and were told a 35k car is coming, now its like 'nevermind, maybe we will build it, but for now here is a 70k version you can buy'

I think the 7 people who felt that way asked for and got their deposits refunded over 6 months ago.

 

[generalenthu]

I now get it. Shorts were hoping Tesla would sell 35k cars to all comers right out of the gate and go bankrupt. It certainly fits their lose money on every car theory.

Otherwise, what explains their consternation about the performance 3 and the non availability of the no frills base.

 

[hcsharp]

does anyone feel like you were bait and switched?

To some degree, yes. EM promised that the dual-motor version would cost less than it did for the Model S at the time. Now they've decided to price it the same. I can see why. Larger than expected demand. There's a good argument that it's not really bait and switch because I can still change my mind and buy a RWD version or get my deposit back. Regardless, Tesla's pricing decision has left a bad taste in my mouth.

To get back on topic, the increased demand and price for dual-motor will only help contribute to positive cash flow. To the critics (shorts) who think the Model 3 is a luxury sedan based on price don't understand the market very well. A high percentage of the reservations are from people who have moved up-market. Further, it's ridiculous to compare a car with far lower operating expenses to other cars in the same price range. Consumers are not that stupid.

I find it interesting that some people seem to think the Chevy Bolt is a lot cheaper than a Model 3. What?!?! If you buy a base Model 3 it has about the same range as a Bolt but the M3 has more features and is actually cheaper.

 

[bhzmark]

Uggg. I need my fix of making @ShortSeller wrong.

@Reality -- can't you post something?

 

[SpiceWare]

I noticed that yesterday and was wondering about "banned" vs still active (current screen grab).


Might just be a Custom Title, found under Personal Details of your account:

 

[Electroman]

I now get it. Shorts were hoping Tesla would sell 35k cars to all comers right out of the gate and go bankrupt. It certainly fits their lose money on every car theory.

Otherwise, what explains their consternation about the performance 3 and the non availability of the no frills base.

You NAILED it.

They were hoping that Tesla will sell 200k base ($35k) M3s this year, lose money and go bankrupt. Now they are so angry that is not how this is playing out.

 

[EVMeister]

This will end well... Might want to try a less conspicuous approach to "being careful" next time.

 

[Unpilot]

Can’t go for less conspicuous unfortunately. I don’t want anyone thinking I ran away. I don’t run away from anything.

You are running from your money.

 

[Reality]

Can’t go for less conspicuous unfortunately. I don’t want anyone thinking I ran away. I don’t run away from anything.

lol what did you get banned for?

Also shows we are not the same person! Because they would have banned both of us!

 

[Reality]

I enjoyed Elon's tweet about 'cranking hard at the factory' in the midst of a 16 hour tweet storm

 

[Yggdrasill]

Lol, we will see about that. The events of the last 2-3 weeks make me more convinced than ever about what direction this is going.

What events are those? The model 3 production rate hitting 3500/wk? Tesla opening up orders for AWD and performance? China tariff reduction? Massive Powerwall project in South Australia getting the green light?

 

[Xenius]

What events are those? The model 3 production rate hitting 3500/wk? Tesla opening up orders for AWD and performance? China tariff reduction? Massive Powerwall project in South Australia getting the green light?

What about everyone seeing fit/finish issues and deciding to not keep the car? Or all the people who get in it and HATE being able to nimbly move between traffic. Or maybe folks who hate the fact that they get a little chill when moving from 80 degrees in the sun to a nicely pre-cooled car?

Or maybe it's all the poor folks like my Dad who got his brand new model 3 and now my mom wants an X. I bet he didn't realize that 59k model 3 was going to run him closer to 150k when he decided to get it.

 

[mongo]

Yes, all of those along with the twitter antics. But a word of caution about the weekly rate, I believe the leaked email mentioned 500 in a 24 hour period. I don’t know what the sustained weekly rate is, but I personally can’t wait until they hit 5K

First time we’ve been able to run at a rate of 500/day or an extrapolated 3500 customer deliverable cars per week.

and

Congrats to the battery/chassis marriage line, which just did 32 UPH! Shows that it is possible to achieve over 5000 cars per week even with our super complicated GA line. Sorry you have to work on this terrible thing! We are working on improving it as fast as possible.

per Tesla fixes Model 3 battery/chassis marriage bottleneck, builds 500 units/day for clearer path to 5,000/week

 

[Reality]

im not sure electrek articles should qualify as legitimate

 

[Electroman]

Yes, all of those along with the twitter antics. But a word of caution about the weekly rate, I believe the leaked email mentioned 500 in a 24 hour period. I don’t know what the sustained weekly rate is, but I personally can’t wait until they hit 5K

Can’t wait to see 5K? After that what happens? Which FUD are you going to hang on to?

 

[Yggdrasill]

Can’t wait to see 5K? After that what happens? Which FUD are you going to hang on to?

At that point Tesla will lose lots and lots of money, apparently...

 

[Reality]

someone is deleting all my posts

Mod: Yes, that is what moderation is. Your snarky one-liners don't make the light of day. --ggr.

 

[Reality]

Reality - See what I mean about being careful? The rules enforcement seems to be selective for some reason.

ya and no one laughed at my "thats called revenue" joke in the forecast thread

that was hilarious

 

[bhzmark]

Like I said, I can’t wait until they get to 5K Model 3s per week!

In other words at ASP of $57,000 * 5,000 * ~50 weeks = $14 billion of annual revenue.

Really -- try give an intelligent explanation of how "I can't wait until they get to" $14 billion of annual revenue supports your short thesis.