Some of those reservations are still outstanding, since they accepted reservations for several countries that had no Tesla facilities. I have one of those still, for delivery to Brazil.
Tesla saw about 63,000 cancellations of Model 3 preorders
The company had a total of 518,000 preorders but 455,000 net orders at last count.www.vox.com
63,000 cancellations from 518,000 reservations.
12.16%
Source is Elon himself on earnings call mid-2017 just as Model 3 deliveries had begun.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
The big differentiator is the Cybertruck’s robust stainless steel skin. That will allow the vehicle to continue to look good and stay in service longer and with less maintenance than a vehicle with a painted steel skin. This together with the electric powertrain means the Cybertruck should have a long service life. The long service life is important as the locked in price of FSD is dirt cheap for those who reserved, but won’t remain so.
The Cybertruck seats 6 and can take a lot of baggage. The vault could be used to perform deliveries of goods in parallel with driving passengers.
The size is less of an issue if you’re not parking in a parking spot, just pulling up to the curb.
I also still guesstimate that robotaxis will be enabled approximately at the same time as Cybertrucks reach volume production (+/- 1 year, which is quite close if you think as a futurist).
These are the reasons I gave my son when I suggested he reserve a handful.
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I'm financially comfortable and in my seventies. TESLA has helped a lot, but we would still be OK with out it. It's less than 25% of my portfolio, and I sleep well.
My recommendation for obtaining wealth has always been to live well below your means, and to invest the reminder. Whenever I would get a pay raise, I would let 25% go into my checking and the remainder into an investment account. Like KMCC my wife and I still are obsessed with getting "a deal " on everything we buy, even though the cost difference is usually irrelevant at this point in our lives.
I'm trying to get over that mindset. I guess I inherited it from my depression era parents. I can identify with KMCC's $.25 yogurt. I'm working to learn that most decisions need not be just about the money. Namaste
Regarding your question of whether we've seen front casts made yet, look at page 16 of Tesla's Q2 2021 shareholder deck, titled "Gigafactory Texas - Model Y Body Shop: https://tesla-cdn.thron.com/static/...ent-disposition=inline;filename="q2_2021.pdf"
I'm not an engineer, but it looks to me in this photo that both front and rear castings are being used--perhaps someone who knows more can chime in...
Page 15 has a picture titled, "Gigafactory Texas - Stamping Press". The thing is massive, truly impressive! I haven't seen pictures of a paint shop, but the way the factory is coming along it wouldn't surprise me if we see some pre-production test vehicles coming off the line this month.
Tes La Ferrari
Active Member
Bill would expand the ITC to include integrated solar roofs
The RAISE the Roof Act would allow the entirety of an integrated solar roof to be covered by the investment tax credit.
pv-magazine-usa.com
TL;DR: Introduced today, "The RAISE the Roof Act would allow the entirety of an integrated solar roof to be covered by the investment tax credit. Representatives Mikie Sherill (D-NJ) and Bill Pascrell, Jr. (D-NJ) introduced legislation in the U.S. House of Representatives to clarify and expand the solar investment tax credit (ITC) to include integrated solar roofs."
Congresswoman Mikie Sherill's Press Release about it :
Reps. Sherrill, Pascrell, Senator Ossoff Introduce RAISE the Roof Act
Washington, DC –– Today, Representatives Mikie Sherill (NJ-11) and Bill Pascrell, Jr. (NJ-09) introduced the Revamping Appropriate Incentives for Solar Energy for (RAISE) the Roof Act, which clarifies and expands the solar investment tax credit (ITC) to include integrated solar roofs.
sherrill.house.gov
Senator John Ossoff's companion legislation:
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They will be forced into facing their own judgement and questioning their very understanding of other people. For a few of them it will be the final straw that precipitates the fall into clinical insanity. Disruption always has collateral damage. It's unfortunate but unavoidable and the blame can hardly be laid on Tesla or Elon Musk.
2025 Headline:
Elon Musk Sued For Emotional Distress
(AP) Tesla / SpaceX / Neuralink CEO Elon Musk has been sued for 100 Billion dollars in "emotional distress" damages by a group of Tesla "investors". The investors, who go by the name "TSLAQ" (not be be confused with QAnon, though likely a large overlap), claim that they have lost over a hundred billion dollars in idiotically and repeatedly shorting what is now the largest company in the world. With Tesla's current market cap at 5 trillion dollars, most members managed to turn $100 into $1. TSLAQ reps claim it's "not fair" that the price went up so much and state that Elon Musk should be held responsible. Members elaborate that Elon Musk is still a fraud and hold out hope that Tesla will yet one day go bankrupt.
I couldn't agree more. If Tesla could produce and sell even a few thousand $25K models next year, I believe it could truly open the floodgates of awareness for EVs and disrupt the entire automotive manufacturing industry by next year, in a major major way. Demand would be through the roof.Would be market moving if true:
It appears that Tesla China is making good progress in its development of the highly-anticipated $25k compact electric car. If recent rumors from China are any indication, it appears that the upcoming affordable EV is still planned for trial production for the end of 2021.
The update about Tesla China’s newest electric vehicle was shared by noted automotive segment leaker 不是郑小康, who has proven to be accurate in the past. According to the industry leaker, the prototype for Tesla’s $25K car has already been completed, and most suppliers for the vehicle’s production have already been lined up.
Tesla $25K compact electric car prototype has been completed: rumor
It appears that Tesla China is making good progress in its development of the highly-anticipated $25k compact electric car. If recent rumors from China are any indication, it appears that the upcoming affordable EV is still planned for trial production for the end of 2021. The update about...www.teslarati.com
Even if Tesla couldn't ramp up production for a few years, it would plant the seed in people's minds that a functional and affordable EV is just around the corner, and would hold off buying a new (or even a used) ICE vehicle and keep their old one going just a little longer. The implications are profound on what exactly a $25K EV announcement would do to the new and used ICE market.
Old Auto should be in full-on panic mode right now.
We always bemoan the MM's, and rightly so, but all the EV stocks having a bad day - no doubt the Hedgies are making sure $TSLA follow the trend when it might otherwise rise, but they're getting one hell of an assist
I got 2 of these, for different accounts. Anyone know which is better for Tesla... do nothing and remain in the class, or exclude myself from the class?Got a card in the mail today regarding this case
/cloudfront-us-east-2.images.arcpublishing.com/reuters/MJSUGPHHZRIUHCLD54FYDZ7JKQ.jpg)
Tesla investors want financier to dish on Musk's going private tweet
Tesla Inc investors suing over Chief Executive Elon Musk's 2018 tweet claiming he had secured funding to take the electric car company private want a federal judge to order the private equity executive Musk spoke with about the potential $72 billion transaction to testify.www.reuters.com
Class is limited to buyers/sellers between 8/7/18 - 8/17/18
Edit: TL/DR: Tesla and Elon and the rest of the board are being sued over the "Am considering taking Tesla private..." tweet in 2018.
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You should take a gander at the Call pricing today cause while the stock is pretty much flat, my calls (most of which are far out leaps) are getting nailed. All down between 5-10% lol.
Let's just say I've very happy 95% of my call strategy is far out LEAPS with low strike prices that I've always fully intended to convert to shares. I'm very confident of where the stock will be in late 2022 and early 2023...........so I could care less that they're clearly rigging the value of call options right now.......man I feel for anyone playing heavy in shorter terms calls (like Sept through Dec).
Granted when the stock does finally make the mega rally I'm expecting it to make sometime in Q3, all this pricing goes out the window. But in the meantime, if you had calls that were expiring in Sept-Dec and you were needing to sell them now....you're getting bent over pretty badly
I completely agree with this, especially the 20% or less conversion rate. I expect 100% of the single motor reservations to go unfilled. Probably 90% or more of the additional orders will go unfilled unless flipping them proves to be a profitable option.You're right, the number of Cybertruck pre-orders is completely and utterly irrelevant. I expect only a 20% or less conversion rate if you don't count the ones that are purchased for the purpose of flipping for a profit, but demand will grow organically faster than reservations can be cancelled. Cybertruck will be unobtanium to anyone who is not willing to wait months or years from the time they place their order. This will be the case for the first 4 years of production at a minimum! I should probably add that I believe the number of pre-orders are grossly under-estimated at 1.3 million, probably closer to 2 million.
People who think it can't sell well because it's "butt-ugly" are in for a very rude awakening. They will be forced into facing their own judgement and questioning their very understanding of other people. For a few of them it will be the final straw that precipitates the fall into clinical insanity. Disruption always has collateral damage. It's unfortunate but unavoidable and the blame can hardly be laid on Tesla or Elon Musk.
I have two orders, a dual and a tri. I expect to have the option on the dual first due to battery constraints. I plan to try it out, see if the range is enough for my family, and see what kind of ride sharing business opportunities are available. When the tri becomes available I'll make my decision on getting it or not. I have no clue if I will just keep the dual as my driver, keep the dual for ride sharing, or sell the dual and just go with the tri. A Y with the trailer hitch might also be all I need.
Tes La Ferrari
Active Member
Can't wait till we strap the SP to that thing.
My October 800C's are actually green yesterday & today.
Mike Smith
Active Member
The media and analysts will probably call next weeks China numbers a disaster, pretending they still don't know that few cars are delivered in the first month of the quarter. I remember when the anonymous report that there were only 8,000 orders in May came out people on CNBC said we'd know if it's true when we see the July delivery numbers. They chose July to be the defining month because it's the slow deliveries month of the quarter. They'll say this proves it was true and demand has indeed collapsed in China.
Ah, how about history?
Every NON-Tesla EV appears to have massive value loss on the resale market, AFAIK, without exception.
Second point: Supercharger network.
Third point: OTA updates.
Fourth point: Every EV sold by Volvo just helps them sell more ICE SUV's without penalty. I think we'd all prefer them to buy expensive credits from Tesla to further the cause, vs. just allowing more of the status quo.
Scuttlebutt
Member
The sales of the single motor variant may surprise. Inter-city Robo delivery (think Home Depot) and Gov't/Military base vehicles would work fine with the single motor. I ordered 10 trucks in the hope that Robo-taxi is up and running (2 tri's,1 single motor, and 7 duals). The orders were spread out over 7 months so I locked in FSD at 7k/8k/9k.
How can you not know how to drive an automatic? It's automatic!
I'm having a home built in what is called "America's first solar-powered town". Every home garage is being equipped to charge an electric vehicle. Below is an article indicating the need for this to become the norm.
MarketWatch: Buying a home? Why you should ask whether it’s wired for electric vehicles even if you don’t own one
Excerpt:
What each of those numbers mean is that even if you don’t see yourself in the market for an electric vehicle right now, there’s a growing likelihood that you’ll own an EV while you live in your current home or in the very next property you buy.
For drivers already convinced to go with a gas/electric hybrid or a full EV, it’s the vehicle’s strain on older or underpowered home electrical systems that can sober up a house search fast. Fractured charging infrastructure pushes most EV owners to get in those long charges at home, which means that until greater spending on roadside charging stations emerges and plug-in time speeds up, home setups really matter.
MarketWatch: Buying a home? Why you should ask whether it’s wired for electric vehicles even if you don’t own one
Excerpt:
What each of those numbers mean is that even if you don’t see yourself in the market for an electric vehicle right now, there’s a growing likelihood that you’ll own an EV while you live in your current home or in the very next property you buy.
For drivers already convinced to go with a gas/electric hybrid or a full EV, it’s the vehicle’s strain on older or underpowered home electrical systems that can sober up a house search fast. Fractured charging infrastructure pushes most EV owners to get in those long charges at home, which means that until greater spending on roadside charging stations emerges and plug-in time speeds up, home setups really matter.
That is certainly true of most but not Geely, nor Volvo. They explicitly state to be 100% BEV by 2020:
Volvo plans to only sell electric cars by 2030, says internal combustion engine has no future
The Swedish automaker Volvo announced today its plan to phase out internal combustion engine vehicles, including hybrids, and only sell...
electrek.co
Their parent, Geely, is making similar moves. They even make the BEV London Taxi:
LEVC | London Electric Vehicle Company
LEVC is a leading manufacturer and retailer of electric vehicles in the UK, including the iconic TX electric black cab.
www.levc.com
So, please, place your and our ire on those which refuse to adapt, like Toyota.
To your points, one and two have been true thus far.
Still, Tesla is making broader access to Superchargers and other networks are growing rapidly, so that is less an impediment than it has been.
OTA updates: Volvo does them:
Volvo Cars initiates first ever over-the-air software update on XC40 Recharge
Volvo Cars is rolling out its first ever over-the-air (OTA) software update on the XC40 Recharge, the company’s first fully electric car.
www.media.volvocars.com
The fourth point is mostly, but not entirely, untrue. They're moving rapidly, but they still produce Hybrids as well as BEV.
Maybe you need a fifth point: At present Volvo and parent Geely product both BEV and Hybrid , plus some pure ICE, on multiple modular platforms. Thus far no platform is pure BEV.
And a sixth: Although the navigation and charge locations are provided through Google (natively supports Waze if you prefer) the switchgear, door handles and such are all common with ICE, so no aerodynamic optimization.
And a seventh: even though the lane keeping and adaptive cruise control work pretty well they controls are multi-step and a bit clumsy.
I don't argue that they are perfect from a Teslaphile point of view. They are leagues ahead of most of their competitors.
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