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Break down / value of what you get for the Foundation Series' premium price

Jamessmooth007

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My biggest upset is that I, like others, have really been saving for these 4 years and do actually have the funds to buy the Foundation series and wouldn’t hesitate to do so, but CAN’T because we didn’t get an invite!

Which means folks who don’t want to pay the premium or don’t have the funds or really want the RWD are pressed to either stretch to pay now, stress about loosing their place and/or fret about somehow holding up the line!

Please don’t misunderstand, I am no at all jealous of those who have invitations. It’s awesome! I would totally be excited if I was them and am for them…

But MAN is it frustrating to read about people who don’t even want the vehicle right now getting invites to sit on, while others would happily move the line by taking the first off the factery floor so everyone else can get them sooner without further frustration for EVERYONE.

I know Tesla will sell those Foundations soon enough, so they aren’t sweating this at all. But may be making their own speedbump.
They have to spit out the Foundations first.
And that should be fast… Like preconfigured combo meals at restaurants: not a myriad of options just one or two configurations that they can repeat 1000 times
Brilliant… but if those 1000 take weeks to get locked in, order-wise… then the next run has to wait. Bummer for everyone.

Yes I am both semi-selfish and semi concerned about everyone in the line… We waited for our last two cars and it wasn’t this annoying… For the M3 we reserved later than for the CT (immediate reservation on Day 1 the second it was possible)… This seems very disjointed… perhaps it is because we are so excited and read everything.
Hey, I hear ya. As someone who is “sitting” on their reservation, I can see how annoying that is. I’m keeping it hoping I can configure a non foundation version. I just don’t see the value in the extra 20k, rather, almost 28k when you factor in the potential POS tax credit next year. None of that is worth almost $30,000. Imo.
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Jamessmooth007

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However, we have seen no proof that Tesla is going to honor that $7K or $8K FSD number. We do know that it cost $12K for new buyers and use to be $15K!!!!
Why would they not honor it? When I preordered it said the price would be locked in. Since I’ve never bought FSD before I wonder: have they said they would honor a price with a preorder and then didn’t?
 
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pricedm

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TexasRaider

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Bundling up all accessories and options seems to be the norm these days. Honestly, this wasn't as bad as I was trying to get a 2023 Subaru BRZ, the dealer wants all accessories, plus $5000 market adjustment, and a few more phone calls I was able to find one for MSRP.

If Tesla throws in Lifetime Free Supercharging for the Foundation Series trucks, then the premium will be well worth it!
In my texts to Tesla, I continually ask to transfer my Unlimited. So far - the response is Ha. . Ha No, sir that offer is for the other Teslas.
 

JBee

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My biggest upset is that I, like others, have really been saving for these 4 years and do actually have the funds to buy the Foundation series and wouldn’t hesitate to do so, but CAN’T because we didn’t get an invite!

Which means folks who don’t want to pay the premium or don’t have the funds or really want the RWD are pressed to either stretch to pay now, stress about loosing their place and/or fret about somehow holding up the line!

Please don’t misunderstand, I am no at all jealous of those who have invitations. It’s awesome! I would totally be excited if I was them and am for them…

But MAN is it frustrating to read about people who don’t even want the vehicle right now getting invites to sit on, while others would happily move the line by taking the first off the factery floor so everyone else can get them sooner without further frustration for EVERYONE.

I know Tesla will sell those Foundations soon enough, so they aren’t sweating this at all. But may be making their own speedbump.
They have to spit out the Foundations first.
And that should be fast… Like preconfigured combo meals at restaurants: not a myriad of options just one or two configurations that they can repeat 1000 times
Brilliant… but if those 1000 take weeks to get locked in, order-wise… then the next run has to wait. Bummer for everyone.

Yes I am both semi-selfish and semi concerned about everyone in the line… We waited for our last two cars and it wasn’t this annoying… For the M3 we reserved later than for the CT (immediate reservation on Day 1 the second it was possible)… This seems very disjointed… perhaps it is because we are so excited and read everything.
I'm not sure why you think people sitting on orders and not executing them will hold up the line, if these CTs have not even been built yet let alone assigned a VIN to the customer?

The production of vehicles is the speed of delivery, and not when someone "finally" decides to go ahead with the order.
 

scottf200

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Curious. AFAIK, the actual price is not on any official paperwork that I or anyone else that I know of has shown. And no one has gotten / shown a "Vehicle Configuration" (see below)

I have a
  1. 'Thank you for your order' email
  2. Cybertruck Motor Vehicle Pre-Order Agreement
I see the order webpage on the wayback site that has an amount but this is not official paperwork/contract AFAIK.

Cybertruck Motor Vehicle Pre-Order Agreement
Terms & Conditions
Documenta?on. Your Cybertruck Motor Vehicle Pre-Order Agreement (the “Agreement”) is made up of the following documents:
1. Vehicle Configuration: The Vehicle Configuration will be confirmed with you at a later date. It will describe the vehicle that you configure, including pricing (excluding taxes and official or government fees).​
2. Final Price Sheet: The Final Price Sheet will be provided to you as your delivery date nears. It will include final pricing based on your Vehicle Configuration and will include taxes and official or governmental fees.​
3. Terms & Conditions: These Terms & Conditions are effective as of the date you place your pre-order and make your Pre-Order Payment (the “Pre-Order Date”).​
 

Celiboy

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It’s all about marketing folks. First adopters will pay any price just to get into a very early Cybertruck.

Will the 1,000 Founders Editions series have a better resale value down the road? it’s tough to say. If they came with better performance numbers I would say definitely yes.
The resale value only matters to those who will be trying to resell it. It makes little sense to wait 4 years to buy something then overpay hoping that a year later you might make a few bucks on it. Ok you make a few bucks and then not have what you waited 4 years to overpay for. But hey, you could save the few bucks you made and start the process all over again and wait 4 years for the next one lol. I’m sure there will be people who try and take advantage of some multi millionaire who can afford to overpay for a FS to not wait in line. Resale value doesn’t matter if you don’t have any plans to sell your truck.
 

cvalue13

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Resale value doesn’t matter if you don’t have any plans to sell your truck.
I think we’re just seeing, among other things:

(1) the group of people who can buy the FS likely overlaps with the group of people that don’t keep ANY vehicle more than a couple-few years

(2) effectively every current buyer is taking an expensive vehicle, sight unseen, and at least weighing their exit plans

(3) some current buyers are likely over-extending themselves, financially, to be able to get an early units and so weighing their exit plans


Some people can have two or more above true at once

A few other reasonable considerations also can have people weighing resale value / depreciation in their buying decisions (or just buying self-justifications ?)
 


VR Driving

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Say goodbye to your resale value because 5 years from now, you will probably be able to order one and get it delivered within a month for 50% less than what you are paying for the Foundation today.
 

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Say goodbye to your resale value because 5 years from now, you will probably be able to order one and get it delivered within a month for 50% less than what you are paying for the Foundation today.
But those that have purchased the Foundations series will have had the pleasure and joy of driving it for 5 years, and those who wait will not. There is with every opportunity, a cost. It is up to each of us personally to decide if the opportunity is worth the cost it presents. That's known as "life".
 

HaulingAss

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Say goodbye to your resale value because 5 years from now, you will probably be able to order one and get it delivered within a month for 50% less than what you are paying for the Foundation today.
Nobody buys a new truck for $100K or more thinking it's going to retain most of that value 5 years later! It's well known that new vehicles are a terrible "investment", that they depreciate the minute you drive them off the lot and continue to depreciate every year thereafter.

The fact that it's possible for a car to appreciate during unusual circumstances (like the supply chain shortages of 2021-2022), or if the car becomes collectable, does not change this basic fact. Anyone who buys a new vehicle thinking it's not going to undergo massive depreciation over the next five years is not looking at the sales history of used cars.
 

FutureBoy

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Nobody buys a new truck for $100K or more thinking it's going to retain most of that value 5 years later! It's well known that new vehicles are a terrible "investment", that they depreciate the minute you drive them off the lot and continue to depreciate every year thereafter.

The fact that it's possible for a car to appreciate during unusual circumstances (like the supply chain shortages of 2021-2022), or if the car becomes collectable, does not change this basic fact. Anyone who buys a new vehicle thinking it's not going to undergo massive depreciation over the next five years is not looking at the sales history of used cars.
I wonder how this will change once the car starts driving itself off the lot. If the bulk of the car cost is software and the car is going from the lot to being in service as a robotaxi, will the same “well known” “facts” still hold true?
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