I’m sorry but when 99.99% of the driving population would be covered with a 200 mile range electric car

Why would someone put a deposit down on a car before the car is in production let alone having not even test-driven it?

I bet the specifically didn't want to classified as a hatchback. That stupid glass roof is a terrible idea. I don't even like the relatively tiny sunroof that lets the sun find my eyes, this thing will feel like a solar oven.

Well, that should keep them from going bankrupt until 2018.

They were dumb enough to through down $1,000 without a production ready model. Why would they take their money back this quickly? They have drank all of Elon’s Kool aid. They’ll quickly start cancelling orders when they see the price tag and actual delivery time frame.

But they’re going to sell $2B more in disgracefully over priced stock to fix it!

It’s only been a few weeks since the reservations were taken, so I’m not sure why the cancellations matter at this point. The only time they will matter is when Tesla discovers they can’t produce cars fast enough. But at that point, the numbers will be so muddy, that the Model 3 will be a raving success no matter what…

As I recall, Ford had a hard time ramping up capacity for their new aluminum F-150 that was causing some buyers to go without. Ford is familiar with supply chains and capacity utilization I would say. They managed the problem, but it’s not really easy to just ramp up production of something so complicated.

Correct!

It’s almost like they have to show a product in order to raise money to build it. Crazy.

I just want to put this in perspective for you- Ford made nearly $150B, with a B, in revenues in 2015. Welcome to the deep end of the pool...

Unless, of course, it costs you more to make them than you are selling them for.... Especially true when your current cars all continue to cost you $$$ because of major repairs that you have staked your entire reputation on taking care of. I’m not saying that’s a bad corporate strategy (taking care of your customers),…

What success? All I’ve seen is a company that’s managed to lure a lot of investors. And managed to get a fair amount of customers to buy sub-par products for a huge price based on promises that aren’t real.

1/2 price is a big discount from top dollar for the sake of convenience... Again, not saying there’s anything wrong with him getting compensated with the options, just saying characterizing it as some sort of brave leap of faith or vote of confidence in the company is putting a big spin on it.

He’s exercising options he received as compensation, not buying on the open market. Based on 5.5M shares for $600M, he’s buying at about $110/share vs market price over 200. Not at all intended to be anything negative about Elon, he’s more than earned his stock compensation, just saying him buying these shares at a…

As crazy as going to the Moon Mars?
SpaceX - 2003 (technical start, not title start IMO) - (Could have happened in 2011) 2012 - COTS2+ Dragon Cargo flight.

Nine (Eight) years to get a half ton into space nearly in-house.

I don’t doubt much of what Elon Musk says, but I wouldn’t expect more than double his expected time…

*yuuge

Not anymore. Europe is currently going nuts for small crossovers too.

I can. I hope it doesn’t happen but I can. Not because I like gas guzzlers, but there’s still nothing like a sports car with a N/A high RPM combustible engine or a small-block V8 (Corvette). Most cars don’t need an engine that makes sound. Electric is fine. But for sports cars, the sound is part of the driving…

You mean the country with low personal vehicle ownership, a fractional percentage of the population and an overabundance of cheap clean power? 40% of 14000 is only 5600 electric cars, compared to 26500 model s sold in the us last year. No comparison