DonDeeHippy wrote on Jun 14
th, 2018 at 12:58pm:
ohh except the half a million ppl that put down a $1000 deposit , to get one in the first couple of weeks it was announced... biggest pre order of any product in the world(about 25 billion in sales when filled).
Yeah. That money is already in the books as an asset. It won't translate to the P&L account until or unless they are actually delivered.
"Plenty of customers who placed a $1,000 deposit on a Model 3 still have a long wait ahead of them, though. Tesla has accepted around a half million reservations for the car. The company has revised its target date for producing 5,000 of the cars per week, which it now hopes to accomplish by the middle of this year.
But even that only adds up to about 250,000 cars per year — so buyers at the tail end of that 500,000-reservation line could be waiting well into 2020 to get their car. Plenty of would-be customers are already frustrated, in part because the delay could deprive some of them of a $7,500 tax credit. There’s also a growing number of competing electric car options, including the Nissan Leaf, which could benefit from Model 3 frustration."
http://fortune.com/2018/02/25/tesla-model-3-preorders/DonDeeHippy wrote on Jun 14
th, 2018 at 12:58pm:
I know you seam set on having cars that need fuel from the middle east... but hey if thats what u want.
It gets me where I want to go on one fill.