ludicrousspeed
Member
Some odd talk here of weak Model X demand: http://finance.yahoo.com/video/earnings-edge-tesla-225000131.html
I can easily see bears bringing this up and adding it to their argument. But it's virtually impossible to add onto the 20K+ pre-orders because:
1) It doesn't make a lot of sense to order now. Why pre-order and receive your X in 12 months, rather than simply waiting until then and receiving about 6 weeks after you order? I personally know and have read about several people who already know they want one but are just waiting.
2) There are basically no Xs on the road and the vehicle has no proven track record. Not everybody believes in the product as much as the members on this forum. A large audience is still waiting on the reception from customers and reports. Once the X is seen/reviewed enough, more people will look more into it.
3) Unless you already ordered your X and were at the reveal, you haven't gotten to test drive one. Similar to my 2nd point, but the actual driving experience will push many into ordering. You have to be an enormous Tesla fan to order a vehicle of that price if you haven't driven it yet, in which case you may already be included in the current pre-order tally.
Overall, Tesla is required to clear out most of the original pre-orders before picking up a significant amount more (and that's expected.) I hope the CC re-assures positive X demand because that's what investors are focusing on for the call (along with X ramp).