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I find that extremely unlikely. To actually move the needle on cancellation percentage an entity would need to make tens of thousands of reservations. In addition to the logistical challenge of hiding this activity from Tesla, for a publicly traded company this would require handing over tens of millions of dollars to Tesla for over a year and hiding that from investors. And for what gain? A change from 5% cancellations to 10% is not going to move the stock much, and the people cancelling wouldn't have any idea if/when Tesla will report that data to be able to take advantage of it.
I think some people are making way to big a deal over the cancellation rate anyways. There will be some natural percentage of cancellations, probably in the 5%-20% range. Things change and this is a big financial decision for most people, some may buy Bolts or other cars, some may get impatient and buy a Model S instead, some may just have cold feet when the time comes to dish out $35k. Even if 25% of people cancel there are still 300,000 sales lined up a year in advance of production which is way more than just about any of the extremely bullish users here predicted by this point.
Does anyone know when the part 2 reveal will be? Is it later this year? My money is down, just waiting for that call
There's a few models going on. There's a thread about it linked in the first post (Chart for Model 3 reservations — cumulative and hourly) and another external web site Tesla Model 3 Reservation Counter (I haven't been able to validate their counter, but seems close).Is there an updated reservation count available? All the usual suspects seem to have stopped at "around 400,000".
Robin
If the trend shown here is at all accurate, 10 years from now (let alone 25) will be quite different than today
Wow - I just went through the Tony Seba presentation. I'm convinced.You might want to take a look at 'clean disruption' video and/or book.
Linear projections like that one are much too conservative.
Like other similar transitions Tony Seba suggests that this transition could be over by 2025/2030 (except for the cars already sold.)
I'll have to agree with this as well, I submitted mine 5 minutes BEFORE online preorders officially opened on 3/31, and a full hour before Elon announced the 115,000 figure at the reveal.Have to think that the Tesla Model 3 Reservation Tracker site is not quite accurate. I submitted my reservation late 4/01, and received the confim e-mail at 4:20am on 4/02. The site says my Estimated Spot in Line is 307,266 with Estimated Delivery Date of Feb 2020. From what I've seen on confirmed reservation figures, I'm much closer to the 200,00 - 225,000 range, and have been anticipating delivery in late 2018 / early 2019.
I agree as my results also seem inaccurate: Reservation made a 3/31 a few minutes before the reveal started. Confirmation e-mail received 4/1@4:28pm. The site estimate: spot #298,492, delivery Feb. 2020. I reserved BEFORE the reveal started, and during the reveal they announced they had 115,000 reservations, of which I was one. The only thing I can figure that is skewing there estimate is that perhaps I received the confirmation email from tesla later then others did.Have to think that the Tesla Model 3 Reservation Tracker site is not quite accurate. I submitted my reservation late 4/01, and received the confim e-mail at 4:20am on 4/02. The site says my Estimated Spot in Line is 307,266 with Estimated Delivery Date of Feb 2020. From what I've seen on confirmed reservation figures, I'm much closer to the 200,00 - 225,000 range, and have been anticipating delivery in late 2018 / early 2019.
Now - should I be an early adopter and ride the downward slope, every day noticing there is better stuff than what I just bought?
Or buy with planned obsolesce? Or limp along on my very serviceable ICE units until 2020 when the 80% saturation happens?
I don't know how to embrace his vision. Any suggestions?
I agree as my results also seem inaccurate: Reservation made a 3/31 a few minutes before the reveal started. Confirmation e-mail received 4/1@4:28pm. The site estimate: spot #298,492, delivery Feb. 2020. I reserved BEFORE the reveal started, and during the reveal they announced they had 115,000 reservations, of which I was one. The only thing I can figure that is skewing there estimate is that perhaps I received the confirmation email from tesla later then others did.
I think Breezy's point was that your 3/31/2016 (whether 8am or 10:00) was only 3/30/2016 here in the West. Which would require a reset of 'zero hour' back at that point.Actually the Sydney and Melbourne stores opened at 8:00 AM on March 31 and I placed my order at about 8:25 AM. (Was about number 20 in the queue in Sydney).
My online reservation was at about 1:15am EDT 4/1 but my confirmation from Tesla says my reservation was confirmed on 3/31 so it would appear they were basing this on PDT (Pacific or West coast US time).In the table listing the times, what time zones are they in? I ordered at 11am, in the US, on the east coast. Just trying to roughly figure out my place in line.