dirkhh
Middle-aged Member
I think those two statements are not correlated. Some reservation holders may have cancelled or may be holding back on clicking the confirmation button because of expectations that weren't met.So the irony has gone full circle now? The idea they weren't unveiling the X due to the Osborne effect along with overstimulating the 35k reservation backlog is now a possible 6%-95% cancellation rate before we've seen the car. How quickly the tides have turned. :wink:
But that has nothing to do with the question whether a fully announced / revealed Model X would have a negative impact on Model S sales.
The first one has to do with expectations of existing reservation holders. And it has no immediate revenue impact as they simply can walk down the line of reservations and invite the next group to configure. Sure, they'll go through their backlog more quickly, but assuming that the Model X will be successful in the market that isn't that big of an issue.
The second one has to do with expectations of new customers choosing between Model S and Model X. Thereby choosing between a car that would create Tesla revenues in Q4'15 vs. one that will create Tesla revenues in Q2'16 (at the earliest).