Payment options for the first 30...

[VRM3]

Is it safe to assume that the lucky folks who are getting their cars tonight have already entered into a financial agreement for the car? I wonder what options they had for payment? i.e. Is there a special lease program that Tesla is going to reveal or do you think these first 30 were financed through traditional lenders with standard rates (credit score rated)?

 

[BerTX]

You asked what I think, so this is it -- I don't think the people getting the cars tonight need any financing. I don't think they are "the little people".

 

[TEG]

Are you looking for random speculation? How would we know? I suspect that the people getting their cars are discouraged from posting here, and may not want to share that info anyways.

 

[VRM3]

Just pure speculation about how payment for the first cars would be handled, that's all. Of course they wouldn't divulge such info! I personally DO feel there will be "little people" represented tonight in the owner pool.

 

[JeffK]

Just pure speculation about how payment for the first cars would be handled, that's all. Of course they wouldn't divulge such info! I personally DO feel there will be "little people" represented tonight in the owner pool.

We know the first two people have boatloads of money at least.

 

[TJtv]

The folks getting their cars tonight likely have purchased many many multiples of the price of their Model 3 worth of Tesla stock. They don't need financing/leasinng for a $35k car.

 

[gregd]

Payroll deduction, personal check, first born?

My guess is that the first 30 will be from a variety of positions, not just board members. They do appear to be going more or less in order of reservation (as indicated by the first two), and that would send a good message to all observers.

 

[JeffK]

Payroll deduction, personal check, first born?

For these people? cash between their couch cushions.

 

[DrDabbles]

You asked what I think, so this is it -- I don't think the people getting the cars tonight need any financing. I don't think they are "the little people".

Could not possibly agree more. The first thirty are almost certainly executives and major investors and/or board members. A $50-60k car isn't much concern to those kinds of people.

 

[gregd]

For these people? cash between their couch cushions.

That would be a good sign... The super wealthy (if those are the people you are referring to) generally don't do cash, couch resident or otherwise. They really need to have a wide variety of engineers and production folks be the ones to take the first cars on the road day-to-day, because that's where they will get their best early feedback.

 

[XHokie]

After Musk..."the other 29 copies will go to Tesla employees or current owners of Tesla EVs."

Tesla will livestream the first Model 3 deliveries tomorrow