we may be closer than we think to the end of the foundation series upcharge

[Hgamble]

I feel as though we may be closer than we think to the end of the foundation series upcharge.

I was assigned a vin that 3 different people had passed on, (i also passed on it).

Also people are going from order to vin in a matter of days, the production rate is accelerating and we are just a few weeks away from the 20K vin mark.

I feel as though it is really hard for tesla to justify a "limited edition" after 20K have been mass produced.

I say all this selfishly as I want a cyber soon but I don't want to pay the foundation tax.

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[Coagulation]

You’re saying multiple people pulled the trigger on the $1k deposit and passed on it I guess assuming FS must be done soon?

What are your options? They keep the $1k and hold it for some period of time?

 

[CarMan ElecTruck]

…there are also approx 8 sitting on used car lots in LosAngeles/Ventura County for just around $125k

$0.02

 

[Hgamble]

…there are also approx 8 sitting on used car lots in LosAngeles/Ventura County for just around $125k

$0.02

Honestly I wouldn't be shocked if they announced the regular Cybertruck at the shareholder meeting, Rivian is also about to announce their R1T refresh...

 

[pricedm]

Honestly I wouldn't be shocked if they announced the regular Cybertruck at the shareholder meeting, Rivian is also about to announce their R1T refresh...

Yes, this might be an incentive to Tesla leadership to get production dialed in and a sooner-than-later shift to non-FS production. Competition will benefit us.

 

[carsly]

I suspect the tactical grey interior and all-season tires, scheduled to begin production in a few weeks if you believe the rumors, were likely the intended start of non-Foundation Series in July.

BUT...there is still a huge backlog of orders so why not extend Foundation Series until everyone in the line has had a chance to decide if they want a Foundation Series? Smart way to build up FSD sales/penetration as well.

 

[CarMan ElecTruck]

I’ve been test driving a lot of used R1Ts lately.. but after sitting in a used CyberTruck my heart is still with Tesla..

I’m in no rush to get a truck… so there is still a chance that CT will be my next vehicle, I hope

 

[Mini2nut]

Honestly I wouldn't be shocked if they announced the regular Cybertruck at the shareholder meeting, Rivian is also about to announce their R1T refresh...

Yes, the refreshed 2025 R1 models will be revealed on Thursday.

It's mostly under the skin improvements with mild exterior updates to headlights, wheels, a brand new heat pump, trim levels, etc.

Will Rivian announce a 1,000+ HP Quad Motor?

 

[tbuck]

I get it. We have all waited many years for our CT to show up. The FS variant was a blow to the gut. The price is more than we expected/wanted/can afford.

However, the writing is on the website and evident in the FS order delivery windows. FS is here for 2024 deliveries and the refular variant for deliveries in 2025.

Regular CTs show delivery staring in 2025 (just go to the site and check it out).

AWD FS is now showing delivery in July-Sep with Beast Oct-Dec. So, this year's production is quickly filling up.

The good news is that means we will probably start seeing regular CT orders (with 2025 delivery dates) in the next few months when the 2024 production schedule is full.

CTs in used car lots? Yes, there are some that took those on when people sold them - not an indication of FS drying up.

People receiving VINs shortly after orders? Yes, when all is aligned, a CT is available that was passed after produced, the next in that area gets it. Nothing new, we have seen this a few times since Feb/March. Not any indication of FS drying up.

High reservation numbers getting invites? Nope, nothing there either.

Once production started ramping in March, combined with those that bought something else, changed their mind, their life situation changed, or they just did not want a FS variant, invites were going out in (roughly) RN number blocks of 20,000 each week. I used that to guess when my invite would arrive and was only off a couple of weeks. Production has since increased and they are going through larger blocks - so, not an indication of FS drying up.

FS invites will go out until 2024 production slots are full. When that occurs, we will see regular invites start going out with 2025 delivery dates.

Just my thoughts, but everything out there points that way and it makes business sense based upon how this rollout is going.

 

[Coagulation]

I get it. We have all waited many years for our CT to show up. The FS variant was a blow to the gut. The price is more than we expected/wanted/can afford.

However, the writing is on the website and evident in the FS order delivery windows. FS is here for 2024 deliveries and the refular variant for deliveries in 2025.

Regular CTs show delivery staring in 2025 (just go to the site and check it out).

AWD FS is now showing delivery in July-Sep with Beast Oct-Dec. So, this year's production is quickly filling up.

The good news is that means we will probably start seeing regular CT orders (with 2025 delivery dates) in the next few months when the 2024 production schedule is full.

CTs in used car lots? Yes, there are some that took those on when people sold them - not an indication of FS drying up.

People receiving VINs shortly after orders? Yes, when all is aligned, a CT is available that was passed after produced, the next in that area gets it. Nothing new, we have seen this a few times since Feb/March. Not any indication of FS drying up.

High reservation numbers getting invites? Nope, nothing there either.

Once production started ramping in March, combined with those that bought something else, changed their mind, their life situation changed, or they just did not want a FS variant, invites were going out in (roughly) RN number blocks of 20,000 each week. I used that to guess when my invite would arrive and was only off a couple of weeks. Production has since increased and they are going through larger blocks - so, not an indication of FS drying up.

FS invites will go out until 2024 production slots are full. When that occurs, we will see regular invites start going out with 2025 delivery dates.

Just my thoughts, but everything out there points that way and it makes business sense based upon how this rollout is going.

Probably one of the best assessments I’ve read on the FS / demand.

All this said… I saw another post of yours that you have pulled the trigger on FS knowing that non-FS was around the corner. I’d be interested (and I’d imagine others who are on the fence) in why you decided to pull the trigger now vs wait?

For me, I also pulled the trigger knowing non FS will be here in 7 months. I ordered now due to timing of needing a new car and assigning value to the FS options. I wanted FSD (including auto park in this giant), the all terrains and home backup. That’s not worth $20k.. maybe 12-15? So in my head my impatience tax is 5-8k to get the car now vs a year from now. Not a lot when I’m an old man looking back at this.

That’s my justification for dropping $100k and sticking to it!

 

[tbuck]

Probably one of the best assessments I’ve read on the FS / demand.

All this said… I saw another post of yours that you have pulled the trigger on FS knowing that non-FS was around the corner. I’d be interested (and I’d imagine others who are on the fence) in why you decided to pull the trigger now vs wait?

For me, I also pulled the trigger knowing non FS will be here in 7 months. I ordered now due to timing of needing a new car and assigning value to the FS options. I wanted FSD (including auto park in this giant), the all terrains and home backup. That’s not worth $20k.. maybe 12-15? So in my head my impatience tax is 5-8k to get the car now vs a year from now. Not a lot when I’m an old man looking back at this.

That’s my justification for dropping $100k and sticking to it!

Great question!

For me, I was looking at the new price and what I would get for the premium of the FS. Yes, the extra $20k does not equate to what it would cost to just do it all after the fact. I get that. This vehicle just fits me. It os different, high-tech, and resiliant.

I tend to drive vehicles forever (have had my F-150 Lariat for 24+ years - I bought it new). Knowing I was going to keep this 10 years or more, and that I am not getting any younger, and I am in a position where I can do this, it just fit my situation.

I was actually hoping they would have cut FS production after Q1. When they kept going and Elon stated they are nearing the point of filling all 2024 production with FS orders, and realizing the regular CS was showing (publicly) 2025 delivery, I decided to bite the bullet when the invite arrived and I could select the tactical gray and all season tires.

Everyone's situation will be different. They may not be in the position today they were in four years ago. Their life may have changed, or they may have simply changed their mind.

While my life situation has changed, it has not changed my ability to comfortably fit it in and my desire for this vehicle still remains strong.

 

[Late_Refustration]

This place is the bomb for conspiracy theories.

 

[Coagulation]

Great question!

For me, I was looking at the new price and what I would get for the premium of the FS. Yes, the extra $20k does not equate to what it would cost to just do it all after the fact. I get that. This vehicle just fits me. It os different, high-tech, and resiliant.

I tend to drive vehicles forever (have had my F-150 Lariat for 24+ years - I bought it new). Knowing I was going to keep this 10 years or more, and that I am not getting any younger, and I am in a position where I can do this, it just fit my situation.

I was actually hoping they would have cut FS production after Q1. When they kept going and Elon stated they are nearing the point of filling all 2024 production with FS orders, and realizing the regular CS was showing (publicly) 2025 delivery, I decided to bite the bullet when the invite arrived and I could select the tactical gray and all season tires.

Everyone's situation will be different. They may not be in the position today they were in four years ago. Their life may have changed, or they may have simply changed their mind.

While my life situation has changed, it has not changed my ability to comfortably fit it in and my desire for this vehicle still remains strong.

Your truck beats mine on age! My current is only 17 years young! (Lots of issues now though)

 

[Mini2nut]

I agree @tbuck. 2024 will be the year of the limited edition(?) Foundation Series trucks. Nearly 7 more months to wait for those of us in the Skippers Club.

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