Are you a CyberTruck reservation holder who made multiple reservations and why?

RMK!

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I find the possibility of speculators ("flippers") a unique twist in all this Cybertruck discussion. The wife and I bought Tesla's (MY,M3) in 2021 that are now, even with thousands of miles on them, purportedly worth 10-20% more than what we paid. I'm pretty sure that never, in the history of production automobiles has there been this degree of steady appreciation of purchased mass produced vehicles.

With the CyberTruck being such a unique and compelling vehicle with huge demand, it will probably have similar post purchase appreciation. Humans being the enterprising creatures we are see an opportunity in this supply demand issue and it's possible that some (perhaps many) with little or no interest in the product invest $100 a pop as a resale opportunity. There is likely another class of multi reservation holders who might see a buy 3 get one free (or cheap) as their modus operandi.

It would be great to know what percentage of the reservation holders are in this flipper category. I'm thinking the number percentage wise might be quite high (10-20%?). A larger deposit once production and deliverIes start would flush many non-capitalized flippers but in the case of the well heeled opportunists, it could be a fast cash grab opportunity. Another way to avoid this would to limit the number of private party reservations per person (2?) but that is very un-capitalist and I can't see Tesla doing that.

I never thought I'd see this phenomena with a production automobile ...
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Personally, I have no interest in reselling. I want a CT more than the money from selling a CT.

There's going to be a TON of scam stories when CT production gets deep into the ramp/delivery phase.
 

Throwcomputer

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Personally, I have no interest in reselling. I want a CT more than the money from selling a CT.

There's going to be a TON of scam stories when CT production gets deep into the ramp/delivery phase.
There will also be plenty of tragic stories of people who borrowed too much to finance their multi-CT purchases for resell which end up losing money on it and or going bankrupt. Speculation works out for a select few and generally ends up in tragedy for the vast majority of those who try to participate in the speculation. See every gold rush in US history for examples.
 

GnarlyDudeLive

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Subject: No

The rest, I have no idea what Tesla is going to do about the potential to scalp much less how they are going to deal with the inflation that has occurred post CT reveal and pricing.

Yes i fully agree that vehicle appreciation is rather rare outside of very rare older vehicles.

Perhaps a thread started with an updated main topic of possible contributed options might be more informative and collaborative. Then give it a month or so to develop followed by a polling vote to see what ideas could "stick".

Options as an example:
  • For multi-reservations only the first order will get the original reserved price as a "discount".
  • A limited warranty based on length of ownership. Say 7 years warranty fully transferable after 1 year of original ownership. If less than 1 year, ownership, warranty transfer is 1 year only.
 
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RMK!

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I don't believe this is in the realm of a scam (more scheme) nor do I think it's a tragedy if someone loses money on leveraging heavily to buy several CT's to sell for profit. That's just a good or bad business decision and caveat emptor applies.

My interest in this is to understand how production ramps to meet real demand and most importantly, when will I get mine. We are all at best, prospective owners and a little wheat/chaff of the reservation holders would provide better data.
 


Tinker71

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Subject: No

The rest, I have no idea what Tesla is going to do about the potential to scalp much less how they are going to deal with the inflation that has occurred post CT reveal and pricing.

Yes i fully agree that vehicle appreciation is rather rare outside of very rare older vehicles.

Perhaps a thread started with an updated main topic of possible contributed options might be more informative and collaborative. Then give it a month or so to develop followed by a polling vote to see what ideas could "stick".

Options as an example:
  • For multi-reservations only the first order will get the original reserved price as a "discount".
  • A limited warranty based on length of ownership. Say 7 years warranty fully transferable after 1 year of original ownership. If less than 1 year, ownership, warranty transfer is 1 year only.
If the quad comes out first and is priced to the new market it aught to solve most of this. All reservation holders will be given the option to upgrade in order of reservation # or wait. It should be that easy for Tesla. It might not solve all the price differential but it will take the edge off. That is my guess anyway.

The question of the hour is how much will it cost?
 

electricAK

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CT is going to be the most in-demand vehicle in existence. Some people will be waiting 5 years or more to get theirs. It would be extremely unfair for Tesla to allow people at the top of the list to buy 2, 3, or more trucks while others wait.

Surely Tesla will do something to prevent this. Why can't they just limit it to one truck per person? I know there are people on here who ordered "one for me, one for my son" etc, but is it really fair to fill those duplicate orders first?

It's in Tesla's interest to get the wait time down to something reasonable, THEN fill the duplicate orders.
 

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I'm trying to cut down on lifetime bans, so I won't be fliiping my Cybertruck nor selling the reservation (if that is even allowed).

If I was strapped for some reason, I would list it on Turo.
 

Eye of Elon

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I reserved a very early dual motor and then a tri motor at the end of 7k FSD. My thinking was, "if" I could make a profit on the dual it would finance the tri motor. The profit seems less like an if, these day, but who knows, a big recession could change things by the time Cybertrucks are rolling off the line.
 


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RMK!

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RMK!

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I reserved a very early dual motor and then a tri motor at the end of 7k FSD. My thinking was, "if" I could make a profit on the dual it would finance the tri motor. The profit seems less like an if, these day, but who knows, a big recession could change things by the time Cybertrucks are rolling off the line.
That's a reasonable risk/reward scenario and I think others may have done something similar. I know I'm asking questions that will likely never be answered . It would be interesting to hear from those with multiple CyberTruck reservations and why they ordered multiples. That should have been the title of the Thread.
 
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RMK!

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Fixed it ...
 
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I find the possibility of speculators ("flippers") a unique twist in all this Cybertruck discussion. The wife and I bought Tesla's (MY,M3) in 2021 that are now, even with thousands of miles on them, purportedly worth 10-20% more than what we paid. I'm pretty sure that never, in the history of production automobiles has there been this degree of steady appreciation of purchased mass produced vehicles.

With the CyberTruck being such a unique and compelling vehicle with huge demand, it will probably have similar post purchase appreciation. Humans being the enterprising creatures we are see an opportunity in this supply demand issue and it's possible that some (perhaps many) with little or no interest in the product invest $100 a pop as a resale opportunity. There is likely another class of multi reservation holders who might see a buy 3 get one free (or cheap) as their modus operandi.

It would be great to know what percentage of the reservation holders are in this flipper category. I'm thinking the number percentage wise might be quite high (10-20%?). A larger deposit once production and deliverIes start would flush many non-capitalized flippers but in the case of the well heeled opportunists, it could be a fast cash grab opportunity. Another way to avoid this would to limit the number of private party reservations per person (2?) but that is very un-capitalist and I can't see Tesla doing that.

I never thought I'd see this phenomena with a production automobile ...
My first reservation is # 112830014 ( my birthday is 1128 ) and my second is about is much later - I will buy and keep both Cyber Trucks forever
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