Tesla is apparently now not letting anyone with a pending foundation series order wait for non foundation

[Coltpete]

Tesla basically just told me to either take delivery of a foundation series truck or lose $1000 dollars and place a new order for a non foundation series truck when it comes out.

Is tesla in the right here?

Yes they are because your configured a foundation series and are now changing your mind. This was non refundable as clearly stated by Tesla.

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[Woodrick]

Tesla basically just told me to either take delivery of a foundation series truck or lose $1000 dollars and place a new order for a non foundation series truck when it comes out.

Is tesla in the right here?

Think about this for a little bit. Why did Tesla ask for a non-refundable deposit when configuring your order?

Could it be that once an order is configured, it costs Tesla money to process the order and get the truck ready for you? And if they go through all that trouble, they at least want you to be serious about it.

So while they have allowed some people out of it in the past, while FS orders were backlogged, it does not surprise me that they wouldn't do it today.


Tesla is absolutely in the right here. You even acknowledged the contract when placing the order!

 

[mark555055c]

Tesla basically just told me to either take delivery of a foundation series truck or lose $1000 dollars and place a new order for a non foundation series truck when it comes out.

Is tesla in the right here?

Yes, this makes sense. The $1000 order fee gets the truck produced to a specific specification, in this case the FS. They cant have people backing out or trying to leverage their FS order to jump the non-FS order line, then leaving Tesla with a bunch of FS inventory that they can't sell.

IMO, the FS is still a good value for the folks who want their truck fully loaded + FSD. We still don't know what FS features may become options.

 

[Cyber Man]

Tesla has changed policy on this. Check what they told me a few weeks ago.

Anyways it doesn’t matter to me as I’m converting my FS Beast to FS AWD and removing the hold to take delivery. Folks who think why someone would place FS and not buy - the answer is simple - circumstances change. Financial situation, stock market, relationships, jobs, I can go on! Sometimes people just change their minds. It’s as simple as that, but Tesla has the right to take that $1K deposit if they want to.

Vehicle is always a deprecating asset. I did so much calculation in terms of FS vs non FS. Though I can afford FS Beast, I want to be smart with the money. Honestly we are only talking about 5K - 6K savings if you go with non FS route. I definitely need FSD, 20” wheels, premium connectivity, and some accessories. I might as well get FS and not worry about what features will be omitted in non FS. I’ll use the vehicle for 5-6 years, take 50K depreciation hit, and upgrade to CT2.0 in the future if needed. I also need CT this year to write off in taxes, as I need it for my side hustle in a farm. I genuinely tried searching for an ICE vehicle that fits inside 20’ garage with 6’ bed, 2500 lbs payload, and 11,000 lbs towing. No such truck exists! Tesla has built an incredible truck. It’s a very real capable truck. I did very thorough research and market analysis. If you need a truck for doing truck things, and need one sooner, just get FS AWD and be done with it. The $$ savings is not much for FS vs non FS!

btw, one thing I don’t like about Tesla is their customer support response rate and hold time. I was on hold for 3 hours yesterday to change my configuration, and they still didn’t answer. The app messaging response rate is also very slow! They should just allow call backs for phone service!! I can’t believe a company that’s building the most futuristic and incredible products, autonomous vehicles and Robots, don’t have a simple process for customer care!

 

[countryboy]

IMHO, the Cyberbeast has less real world utility than a 6 seat Model X and I'm actually happy that Tesla decided to strap a $50K price gouge on the FS Cybertruck. Now, when I see one drive by I think thank god I'm not strapped with that over priced monstrosity as my daily driver. Of course I think the person who originally bought my X was foolish too but as they say, a fool and his money are soon parted ...

MX can't tow 11K. MX can't haul a pallet of retaining wall blocks or a yard of gravel. MX cannot power a house or a welder. Yes, MX could possibly be a better passenger vehicle but even that is debatable. I like the seats and driving position better in the CT. Only if you need to seat 6-7 does MX win. But again, that is not utility... I'm super happy to be driving my not-really-over-priced-when-you-do-the-math monstrosity as a daily driver, and so are the kids... they whine I take them to school in the M3. Your comment about fool's and money applies to MX too... we're all in spoiled land here, MX is just as much of a waste of $$... you could by a KIA. Thankfully I can afford this ridiculously awesome shiny hunk of metal and don't care if it drops to $50k. It wasn't meant to be an investment! And I might buy another one at that point!

 

[CTInProcess]

Almost all new cars lose value pretty rapidly, right at first. But 50% is not based on anything. Let's say the anticipated pricing happens, $79,990 for Dual and $99,990 for Cyberbeast. And that's without FSD, all weather mats and the other goodies. Basically, at best, you could buy a Cyberbeast with FSD and some of the goodies for $110K new. That would be only $10K less than they are currently selling for. No way would a lightly used Cyberbeast with all the goodies sell for $60K (50% of the current price).

It's a BS analysis.

You haven’t been paying attention. This is typical of $100k + vehicles unless it’s limited and desirable.

 

[SSonnentag]

Yep, the order was for a Foundation Series, as that is the only configuration available, so the $1,000 is non-refundable.

 

[CarMan ElecTruck]

I did notice my ‘order now/Start Designing CT page’ in App was down for a couple days.. this usually means an update soon to come. And my local Service Center is now offer CT test drives..

 

[SSonnentag]

MX can't tow 11K. MX can't haul a pallet of retaining wall blocks or a yard of gravel. MX cannot power a house or a welder. Yes, MX could possibly be a better passenger vehicle but even that is debatable. I like the seats and driving position better in the CT. Only if you need to seat 6-7 does MX win. But again, that is not utility... I'm super happy to be driving my not-really-over-priced-when-you-do-the-math monstrosity as a daily driver, and so are the kids... they whine I take them to school in the M3. Your comment about fool's and money applies to MX too... we're all in spoiled land here, MX is just as much of a waste of $$... you could by a KIA. Thankfully I can afford this ridiculously awesome shiny hunk of metal and don't care if it drops to $50k. It wasn't meant to be an investment! And I might buy another one at that point!

I would argue that the Cybertruck is the least over-priced Tesla available. ICE sedans and SUVs can be had significantly cheaper than a Tesla, but fullsize ICE pickups are only about 20% cheaper, and in some cases they are at parity with the Cybertruck price.

 

[HaulingAss]

"BS analysis"? It is inevitable that these FS Cybertrucks will indeed sell for 50% or less than the purchase price in a few years.

You're not paying attention. I was responding directly to the claim that "The bottom is going to fallout soon and my Cyberbeast is going to lose 50% in value."

The meaning of "soon" in this context is nowhere near "a few years", it's a direct reference to the ending of the Foundation Series. Yes, all new cars lose 50% of their value "in a few years".

Let's keep it real.

 

[rb92gt]

Tesla basically just told me to either take delivery of a foundation series truck or lose $1000 dollars and place a new order for a non foundation series truck when it comes out.

Is tesla in the right here?

Just FYI, they are going to be $20k less soon because they will be stripped of $20k in options. If you want one loaded up it won't be considerably cheaper... Maybe take a FS unless you want one stripped?

 

[Ray in montana]

Are you saying i should let it go? If thats the concensus than i will

I think you should buy the truck. It is so worth it.

 

[HaulingAss]

You haven’t been paying attention. This is typical of $100k + vehicles unless it’s limited and desirable.

I've been paying attention, you have not. The claim is that the Cybertruck will lose 50% of it's value "soon". That's not going to happen for at least 2-3 years on a low mileage Cybertruck that hasn't been in an accident or otherwise trashed.

As a side note, the distinct possibility exists that Tesla will fully solve FSD and will raise the price of FSD to a more appropriate level for a vehicle that is truly self-driving. If that actually happens, a new Cybertruck *with* lifetime FSD, might be selling for well over $100K. I mean, imagine the value to a contractor in being able to send a truck, without a $38/hour employee, to the local building materials store to pick up items they needed.

When Tesla solves autonomy, I'm sure stores like Home Depot will have a program where contractors with accounts can order online and employees will load the truck, as if the truck was the customer. With the state of traffic in many metropolitan areas, that's going to add huge value.

But even without autonomy, no, the price of lightly used Foundation Series Cybertrucks is not about to crash by 50% anytime soon. That's not how it works. Pay attention.

 

[Ray in montana]

Just FYI, they are going to be $20k less soon because they will be stripped of $20k in options. If you want one loaded up it won't be considerably cheaper... Maybe take a FS unless you want one stripped?

I think you are spot on with this. On the Tesla site whatever model you pick with exception of the CT you have a choice of options. By the time you get the wheels, tires, FSD, mats etc you have added 15k. You are right.

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