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

[GatorCyber]

This issue was bound to happen.. Tesla does not want to risk losing any profit.. so how do they moderate the transition from Foundation to Regular trucks??

I see the potential for a lot of people ordering FS and then being upset that the non-FS are available a week later after their delivery…

Slippery situation..

$0.02
[/Q

For all those who are questioning refundable policy - look, everyone here knows what non refundable means. The reason this thread exists is because Tesla committed informally to many reservation holders and agreed to transfer $1K towards non FS. Now they retracted. Of course they are legally right to do that. The order agreement clearly states it’s non refundable, but there is an also a valid reason why this thread exists!!

"Now they retracted"

An employee text doesn't change the terms of the non-refundable deposit agreement.

Sponsored

 

[BornToFly]

How is the CT a better ride than an X?
My X feels like a little sports car after floating around in the CT

The X shakes the passengers around on any road that isn't perfect, while making a bunch of noise/rattles. The CT glides over everything like magic, with very little body roll once you get over maybe 10 mph and the adaptive suspension starts to stiffen the shocks. (The tall side walls of the tires have a little flex on hard cornering, as expected, but the body roll is minimal).

 

[GatorCyber]

To my aging bones, soft and squishy with minimal jarring is comfortable. I like the floaty aspect. The CT is definitely not sporty when it comes to cornering.

I suspect Tesla will stiffen up the ride with some future CT iteration. Most people don't appreciate the float.

I kinda miss driving the Model 3 bc it's the opposite of the CT 'float'

 

[Pulaski]

Why is this still up? The title is grossly misleading based on what actually occurred.

 

[eswimm]

My $0.02, $20k in bundled options is a tough pill to swallow, especially since about $8k of that is laser etching and PowerShare. It's pretty reasonable to assume that if you want FSD and 35" ATs, you'll be able to get that for under $12k uplift. The FS demand is lower than Tesla expected, especially given the inflationary price hike. Whatever Tesla employees gave the green light to hold an FS order for non-FS likely wasn't authorized to make that offer and it probably didn't matter so long as the FS orders were flowing. Now that they're slowing down and word's out about putting an order on hold, they're probably getting more and more requests from people hoping to skip the inevitable non-FS order line and some higher-up caught wind of unapproved shenanigans.

Now, if you have proof some Tesla employee said you can hold indefinitely for a non-FS, then push comes to shove you can probably convince them to either let you keep waiting or refund the $1k. Even if they weren't authorized to make that offer, that's a Tesla problem, not a customer problem.

Without such evidence however, you'll likely need to accept delivery on an FS before they stop making them or forfeit the $1k, even if you placed your order based on what you heard somebody else doing.

Now, I wouldn't put it past Tesla to tell people they're going to cancel their order and then not follow through on it. It's in their best interest to sell the higher markup vehicles, but not to completely alienate the customer. The might be introducing a little friction to drive the higher margin sale, but at the end of the day, you don't want to send away somebody who was going to ultimately buy.

As for depreciation, the only thing that has kept Tesla so historically low has been limited demand. It's still a car, cars depreciate rapidly and >$100k vehicles especially so. If production wasn't constrained, I'd be shocked if you couldn't buy an AWD CT in 3 years for $40-50k. That wouldn't be a sign of Tesla resale crashing, it'd be a sign that it's a car. I bought my $155k MSRP 2015 BMW i8 when it was 30 months old w/ 26k mi for $65k and there were only 20k of those made worldwide. Tesla has made more CTs than that already and it's going to join the ranks of all the other rapidly depreciating assets.

 

[BeastDrew]

The FS demand is lower than Tesla expected, especially given the inflationary price hike.

Pure speculation. You don't know what was expected and I view the fact as foundation sales still occuring 9 months to be a sign of foundation demand exceeding early expectations, but again thats my own pure speculation.

 

[vinsk]

"BS analysis"? It is inevitable that these FS Cybertrucks will indeed sell for 50% or less than the purchase price in a few years. In March, I bought a 2018 Model X 100D from Tesla (1 yr or 10K miles warranty) for $41K. It had 49K miles on the ODO, all possible options plus FSD. That vehicle originally cost over $150K and it looks, feels and drives almost like a new Model X.

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 ...

So you don’t know about previous owner of your Model X and you concluded that he’s a fool? Maybe you need to think from a different perspective! The guy who spent 150k on this Model X is way more smarter and richer than you are! Maybe depreciation doesn’t even cross his mind. I guess he/she is busy making millions on the other end while we’re penning down our 2 cents analysis on this topic ?

Don’t judge people and their finances unless you know them personally!

 

[eswimm]

Pure speculation. You don't know what was expected and I view the fact as foundation sales still occuring 9 months to be a sign of foundation demand exceeding early expectations, but again thats my own pure speculation.

Fair, it's hard to say what Tesla's actual expectations were. I certainly feels lower to me, just because I ordered a year after announcement and I was in my truck in June. I expected to be waiting years after manufacturing started, not months. Personally, I don't think the FS is as big a money grab as people make it out to be. I'm getting my Powershare installed tomorrow, wanted AT tires, FSD and the rest of the FS options, so it really only comes out to a ~$5k premium for FS laser etching. If they had offered a line skip option for $5k, I'd have jumped on it.

I think demand is going to skyrocket when non-FS is available and I fully expect that people later down the reservation queue (as far as I was or further) are going to be waiting years for their truck.

 

[cyberbeatles]

I personally recommend that if you are able to get it and you want it, get it.

Foundation at least will get full self driving and some other stuff.

The Cybertruck is a magnificent machine.

I went through some serious reflection before the final decision to get it and I almost cancelled it, my sister gave me some advice, a close friend as well.

Life is too short, we spend so much time in cars…

Enjoy driving this much as you can and feel the joy of a kid every day.

 

[Cyber Man]

I personally recommend that if you are able to get it and you want it, get it.

Foundation at least will get full self driving and some other stuff.

The Cybertruck is a magnificent machine.

I went through some serious reflection before the final decision to get it and I almost cancelled it, my sister gave me some advice, a close friend as well.

Life is too short, we spend so much time in cars…

Enjoy driving this much as you can and feel the joy of a kid every day.

Bro, you exactly quoted what I told myself today and finally pulled the trigger on FS Beast. I have never researched so much before buying, including homes and properties! What you said is the only thing that makes sense at the end. Someone can definitely turn $100K into millions in couple of decades. I could have done a 20% cash down on a rental property with this money. At the end, life experiences are also equally important and even priceless. Nothing can buy us time to enjoy things that really brings us joy. On top of that, I personally feel that history is getting made in the automative industry with Cybertruck. CT is indeed a magnificent machine. I definitely want to be part of that history by owning the original FS version. It’s a privilege if one could afford! ?

 

[denniscw]

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?

I got you https://www.change.org/p/stop-tesla-from-taking-non-refundable-1-000-deposits-on-cybertrucks

 

[HaulingAss]

We have an X, S, Y and 3. The CT drives MUCH, MUCH better than the X. It isn't even close. In fact, the X is the Tesla I like the least. My wife prefers being a passenger in the CT over any other vehicle because the ride is so smooth and quiet, and there is so much room. And the truck feels smaller and much more nimble than the X. The CT is so fun it is my favorite daily driver, and I've mainly owned sporty cars my entire life (I hate all other trucks and would never buy one).

That's saying a lot right there!

People who are not familiar with the Cybertruck are bound to keep underestimating how nice it is. Today I drove my wife's new Tesla Model 3 Performance in Quicksilver. Its looks are stunning and it drives even better. It has active dampers that can go from Performance to Comfort at the touch of a button and work a treat. But did it have 4 wheel steering? Nope. Did it have Steer-by-wire? Nope.

Having driven the Cybertruck almost exclusively for the last 5 months the Model 3 actually felt less nimble than the Cybertruck. No doubt it would whip the Cybertrucks ass on a road race track as it's blazingly fast and has sport rubber, but it doesn't feel as nimble or as easy to drive as the Cybertruck. And I always thought the original Performance Model 3 was the pinnicle of nimble and easy to drive. Well, make way for the Cybertruck.

Who would have thunk?

 

[Kaz109]

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?

I don’t understand why this is even a question

 

[Crissa]

In my opinion, you're thinking of the Cybertruck as just another commuter vehicle. For those of us who actually need a pickup truck and use it as one, the price tag is not that outlandish.

The price is outlandish when other trucks cost half that.

-Crissa

 

[SSonnentag]

The price is outlandish when other trucks cost half that.

-Crissa

Find me a full size truck on 35s with lockers for half the price.

Sponsored