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Tesla Opens Orders To All US and Canadian Model 3 Reservation Holders (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: For people who put down a $1,000 deposit for a Tesla Model 3 as long as two years ago, the big day has arrived. Specifically, the day has arrived when they can give Tesla another $2,500 and then wait a few more months for their car to arrive. Days before the end of the second quarter, Tesla is now allowing all reservation holders in the United States and Canada to place orders for the Model 3. Customers will be able to choose between several variants of the Model 3 -- including the high-end "performance" model -- as well as choosing colors and option packages. However, the low-end version of the Model 3 with its long-promised $35,000 price tag isn't available to order yet.
Each customer will get a specific delivery estimate based on the model they choose and their position on the waiting list. A typical delivery window is two to four months. While the original $1,000 Model 3 deposit was fully refundable, customers who pay the extra $2,500 will be locked in three days after placing an order, the company told CNBC. That isn't a new requirement -- a Tesla spokeswoman told Ars that the company has long asked customers to pay a $2,500 deposit when they order other Tesla models.
Each customer will get a specific delivery estimate based on the model they choose and their position on the waiting list. A typical delivery window is two to four months. While the original $1,000 Model 3 deposit was fully refundable, customers who pay the extra $2,500 will be locked in three days after placing an order, the company told CNBC. That isn't a new requirement -- a Tesla spokeswoman told Ars that the company has long asked customers to pay a $2,500 deposit when they order other Tesla models.
The lowest cost option of the ones being made so far is $50K. That makes it a luxury car, not a car for the people.
We're allowed to keep whatever you already paid in deposit after 3 days. Suck it,
-Elon
for every $1,000 of stock bought eight years ago, you'd have $14,000 today
It's all over but the crying, time to cover your positions, ladies
Assuming that the US/Canadian tariff fight doesn't screw all this up.
Great minds think alike; fools seldom differ.
I can't wait to get my $80k Model 3 that has been made in a tent in order to make some arbitrary 5000 cars a week production number that Musk came up with. Oh, and they didn't make those numbers, hence the "announcement". Musk is the best at distracting everyone.
For those of you debating whether to order now and splurge on the long range model, waiting for the 35K model likely means you will not get the full tax credit. The impact of this may be more than you think. Not only do you get to take the tax credit for this year when you buy now, but if you wait until the tax credit expires to sell your (now used) car, the resale value should increase by close to the tax credit amount. So it really does make sense to buy now (35K + 15K = long range Model 3 now).
Of course, now that they are opening orders to everyone. . . you probably want to closely look into the probability of getting your car in time to take advantage of the full tax credit. . .
Sdelat' Ameriku velikoy Snova!
Anything to do with musk attracts those that are attached to the kock bros pants and has them FUDing all over here.
Currently, Tesla stock is still going down.
I prefer the "u" in honour as it seems to be missing these days.
We will be able to get a loose estimate on how accurate Tesla's forcasts are based on reports of early or late delivery.
Right now, they have a loose estimate of what percentage of people will convert to purchasing, they will use this estimate to determine your delivery window.
If conversions are low, cars will come early, if conversions are high, they will come late.
This allows them to put good spin on 2 different bad scenerios
1) Conversions are low
spin "our manufacturing is satisfying back orders faster than anticipated, thank you team for the hard work"
2) Production lags
spin "our conversion rate is so high, we have to delay some shipping estimates."
Wow, sent an e-mail as suggested when clicking on "use classic" banner, and got a fast response that addressed my msg
For people who put down a $1,000 deposit for a Tesla Model 3 as long as two years ago, the big day has arrived.
Not to dump on Tesla's, they are nice cars, but waiting two years for a car? You have to be a major fanboy to do that ... and people around here call Apple users all kinds of ugly names for queueing in front of a shop for a mobile phone 24hrs before release day.
Model 3 buyers have always (*) been required to pay a $2,500 deposit when ordering. "other" isn't appropriate here. Is that a mistake by the Tesla spokesperson or by Ars?
* It's possible that there were special rules for "family and friends (and employees)" who ordered very early Model 3s.
The real "Libtards" are the Libertarians!
Well the answer to that question is easy, you'll fix it at a Tesla garage, because Tesla works incredibly hard to make sure nobody else can fix their cars.
In other words, expect these cars to be worth about nothing on the used market once Tesla moves on to other business.
a $10,000 plug-in electric truck with a winch, designed for the mountains, with a spare battery pack in the toolbox of the bed.
And you can buy them in Canada, so don't tell me they're not available.
-- Tigger warning: This post may contain tiggers! --
I've worked with over 100 different LED displays of various sizes and configurations over the last 10 years, and not a single one has had a backlight fail.
Also, [citation needed] for the battery pack FUD. There are many Tesla Model S vehicles on the road today, which have been on the road for over 5 years. Where are the stories about massively expensive battery replacements? It's not like every single Tesla story ever written doesn't get posted everywhere, so if this was happening, please link to it, or get out of here with your baseless FUD.
Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
Read my earlier posts...I had booked this...impressed w their site video...went on a test drive on the X...promptly canceled
If you have been following Tesla in the Wall Street Journal, you know that Tesla has been burning cash at a rapid rate (Their biggest expenditure is investing money in their model 3 production lines). At this point, they would have a hard time raising additional money via stock/bond market (bonds are rated junk, their stock is widely shorted). Receiving an extra $2,500 from customers is a very creative way to get some extra cash (probably as much as $500 million). This would give them some cushion to increase their car production rate enough to get some additional stock/bond money. I wonder if Warren Buffet would ever consider investing some money in Tesla. Tesla did decrease their cash burn rate by laying off employees. If Tesla runs out of cash, they will probably be sold to someone like Toyota.
Next time go with your gut. He is indeed ignorant.
Does anyone else think that this seems like a desperate attempt to raise more cash with little indication of actual manufacturing rate and quality improvements?
I configured and finalized my own reservation and in 3 to 5 months my shiny black model 3 will be ready.
I can't wait, it's gonna be awesome!