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StapleGun
Member
I don't understand what shifting the orders to start before the livestream would do. Surely the livestream is not being hosted by Tesla's own servers and even if it was it would be silly to host it from the same servers as the order processing system.
I hope they simply think they can get over 100k reservations before the presentation starts and want to announce that tonight if they do.
I think they are trying to squeeze in as many reservations as humanly possible before the Q1 deadline of 11:59PM
Yep...well said
The consumer has recognised the chance to escape for the first time ever from the clutches of the racketeers. It'll take a while, but they are voting with their money. Unbelievably powerful signal in that. The denial script has now been torn up.
I'll try to talk you out of it, but the fact is I have huge bullish bets on Tesla.
Hmm. How's this:
(a) never invest money you can't afford to lose... don't wanna risk your rent
(b) if you might have to sell the stock in the next few years to raise money, don't invest. If you think the company will do great when Model 3 is released, you have to be able to hold the stock long enough to get to that point -- it could have several serious stock price dips before that happens, due to random sentiment and technical factors and manipulation, and you don't want to be forced to sell when you don't want to.
How did I do at talking you out of it?
This is not investment advice, I am not your investment advisor.
StapleGun
Member
I think they are trying to squeeze in as many reservations as humanly possible before the Q1 deadline of 11:59PM
What would the advantage of that be? Reporting the number in their Q1 report? I don't imagine it would affect cashflow since it would be $X more cash on hand but $X more liabilities as well.
That's true, they will post the number, it's going to be a big number. This is also to make sure nothing will interfere with the live stream. It doesn't make sense to open the online reservation at exact the same time as the event. It would be embarrassing if the live stream get interrupted due to server issues.
hockeythug
Active Member
Just opened up more countries for the order page as well. I think Musk wants a big reservation number to tweet out. He did the same for the Powerwall but that was kind of flawed as no money was exchanged.
I was number 443 in Burlingame, CA (hit the line literally at its peak, but that's ok). Probably 150 behind me in line when I left at about 1:15 pm. Very nice mix of people -- and much younger crowd than average S/X customers (no surprise there). About 80-90% men, which I think will change dramatically, especially once a CUV version/Model Y comes out. Wouldn't surprise me if they get 1500 reservations from that one location by the end of the day.
StapleGun
Member
As a web developer I would be shocked if there is really a chance that high traffic on the order page would affect the live stream. The live stream page should be served from a CDN and the stream itself hosted by some 3rd party service. This isn't advanced stuff and Tesla has been through this rodeo before. So I'm not buying that the reason for moving online deliveries forward is to avoid server issues.
Didn't see any crowds lined up outside the Short Hills Apple store for the SE. But there was a steady line up through 1pm at the Tesla store. Since I am long both AAPL and TSLA I wish it was the same size lines at both.
Well, I don't think he meant issues with ordering interfering with streaming. I think all he means is by spreading out the ordering time a bit more the ordering itself will get spaced better.
I agree. My WAG on the reasoning for the time change is to allow two things: A steadier flow of orders..many people will not know about the change in time until the event has begun...and...most importantly, EM can come on stage and say: Well..we had over 'X' thousand of in store orders and IF the online ordering is also 'off the charts', he will be able to add that 'we opened the online ordering only an hour ago and it has resulted in over 'Y thousand of orders. If the number is not big he just won't mention it.
Exactly, plus it allows splits those who are willing to order sight unseen from those who are waiting for the reveal. So it lowers traffic both because spread out over more time, and because it splits up two distinct groups. Some couldn't or didn't want to take off work to line up today, but they are still willing to reserve prior to reveal.
I read that the MIII ordering server crashed today - don't know if this is verified or not, but this would help explain Elon's statement. Of course the order page and the live-stream are completely separate.
I was shocked to see absolutely NOTHING on BBC either. I mean this is quite a phenomena we've been seeing today, totally unique, I think, but very little main-stream reporting.
I was disappointed to see the stock drop down from 237, I assume there was some profit-taking going on?
Still, keeping hold of mine for a while yet...
I was shocked to see absolutely NOTHING on BBC either. I mean this is quite a phenomena we've been seeing today, totally unique, I think, but very little main-stream reporting.
I was disappointed to see the stock drop down from 237, I assume there was some profit-taking going on?
Still, keeping hold of mine for a while yet...
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