Tesla to deliver Model S ahead of schedule in June

[Adm]

With production starting ahead of schedule, there might be +100 cars additionally produced in 2012. The ramp up is moved forward in time, meaning that the anticipated production rate near end of 2012 (400 cars a week) is reached earlier. Revenue will increase by actually selling these additional cars. Here's hoping!

Elon clearly said the production in June would be more than one less than hundred, but most likely tens.

 

[brianman]

As the impatience starts to set in, this came to mind:
http://www.youtube.com/watch?v=Z9obgyYB1IU

Not directed at anyone in particular. Feel free to move it to a "random video links for impatient people waiting on deliveries" thread, moderators.

 

[Zorba]

Let's hope this means the European deliveries will start sooner as well...

I will go crazy seeing all those Model S when we visit FL in September :crying:

 

[VolkerP]

Let's hope this means the European deliveries will start sooner as well...

I found a question on that topic in the Q1/2012 Q&A transcript by SeekingAlpha. Regrettably it looks like 2013, even for the Signature res holders.

Dan V. Galves – Deutsche Bank Securities, Inc.

Okay. Thanks very much for that and can you give us an update on when you expect to begin sales in Europe of the model S and if there is – I am not sure if you have announced pricing for the European vehicle but when would that be if you haven’t already.

Unidentified Company Representative

Sure. We expect to start delivering in Europe over next year and we’ve not yet announced final pricing for Europe. But it’s going to be sort of sensible pricing compared to what’s in the U.S. It will be a little higher to account for exchange rate variations and logistics costs of bringing things to Europe and so there is some import duties and what not., but it will be otherwise quite similar to our U.S. pricing.

 

[MarkR]

As I read the (poor computerized translation) of the Earnings Call Transcipt, it appears that Elon is saying that deliveries in June will represent very small numbers, perhaps not much bigger than the founders series:

"Elon R. Musk
Yeah, I mean it’s on that order yeah, it’s not like, it’s not one and it’s not 100s.
Adam Jonas – Morgan Stanley & Co. LLC
Okay.
Elon R. Musk
So it sort of in the ten."

 

[Citizen-T]

As I read the (poor computerized translation) of the Earnings Call Transcipt, it appears that Elon is saying that deliveries in June will represent very small numbers, perhaps not much bigger than the founders series:

"Elon R. Musk
Yeah, I mean it’s on that order yeah, it’s not like, it’s not one and it’s not 100s.
Adam Jonas – Morgan Stanley & Co. LLC
Okay.
Elon R. Musk
So it sort of in the ten."

I was on the call and I heard "sort of in the tens". I think the analyst suggested 30ish.

 

[vfx]

There are, I believe, 34 founders cars too. GB33 FV34.

 

[AnOutsider]

There are, I believe, 34 founders cars too. GB33 FV34.

didn't someone recently say they spoke to someone who said exactly 7?

 

[vfx]

didn't someone recently say they spoke to someone who said exactly 7?

I did last Sunday, but doubt my memory on the matter.

 

[Cobos]

The fact that they say 20-40ish cars for June shouldn't matter all that much. I've always thought the first month of production would give a very low number, now it seems that low-producing month will be June instead of July. That should be good as now July should be a few hundred cars maybe?

Cobos

 

[Arnold Panz]

The fact that they say 20-40ish cars for June shouldn't matter all that much. I've always thought the first month of production would give a very low number, now it seems that low-producing month will be June instead of July. That should be good as now July should be a few hundred cars maybe?

This is the really exciting part of the announcement. I was assuming one car delivered on July 31st, so even doing "tens" of cars (30?) in June means that there should be at least 100-200 in July (5-10 per day). If they double production every month thereafter they'll at least get to the 5000 target. I was expecting September for my car (Sig 304), but now am thinking probably by the end of August.:biggrin::biggrin:

 

[brianman]

didn't someone recently say they spoke to someone who said exactly 7?

That's what I was told in Bellevue. No hesitation and no reluctance when confirmed. Like it was in a company e-mail or something that "everybody" internal knew.

 

[rlawson4]

That's what I was told in Bellevue. No hesitation and no reluctance when confirmed. Like it was in a company e-mail or something that "everybody" internal knew.

Makes sense to go super slow. They don't want Fisker like recalls.

 

[AnOutsider]

Makes sense to go super slow. They don't want Fisker like recalls.

No, I think you think we meant only 7 going out in June. I meant that what I heard (and bman confirmed) is that there is actually only 7 founders cars. Meaning after those 7, there would be 27SSL in June if the 30 number were accurate.

 

[W.Petefish]

What is the lowest number for being on the Signature Special List that we know of? And how many spots on the Signature Special list were passed on?

 

[NigelM]

No, I think you think we meant only 7 going out in June. I meant that what I heard (and bman confirmed) is that there is actually only 7 founders cars. Meaning after those 7, there would be 27SSL in June if the 30 number were accurate.

I had been told "about 2 dozen" Founders series.....

 

[Kevin Harney]

I had been told "about 2 dozen" Founders series.....

If that is true then I can see the entire founders series and the FIRST ssl being delivered and the June 22 event.

 

[gg_got_a_tesla]

If that is true then I can see the entire founders series and the FIRST ssl being delivered and the June 22 event.

Yes, a nice round number of 25 including a non-founder. That'd play well with the press.

 

[vfx]

Yes, a nice round number of 25 including a non-founder. That'd play well with the press.

There are 34 ish Founder cars.

Agreed to have a few sigs deliveries would be good PR.

 

[vfx]

http://www.cartalk.com/content/tesla-model-s-preparing-launch

Is this new?

The company is planning to offer a prize for the first customer to get what it says is an achievable 400 miles on a charge, and Tesla predicts that 350 miles will be routinely possible, assuming a level road, 45 mph, rolled-up windows, no climate control and 300 pounds of load.