Moderatefan
Member
If that's true, then likely this is the move Elon intended to burn the shorts. Combined with free LTE until 7/1. And show profit in Q2 when nobody expects it.Wrong.
The $1000 is refundable, and therefore a liability.
Once you pay the $2, 500, all 3500 becomes non-refundable.
Read your fine print
I don't feel this is super smart though, could have made more money charging for LTE.