Why aren't you accepting the Foundation Series invitation?

[thedownwardmachine]

I understand the conversion rate is way less than 5%...

This all was a more subtle take than I was expecting for this thread, feel free to elaborate. I hadn't heard of sigma male until I looked it up just now lol.

I often tell people I think Tesla needs a Tim Cook, like how Apple post-Jobs had built a giant machine to realize his vision without him or his toxicity.

I agree that if we can't maintain a perfect planet, there's no reason to think we can make a shitty one work.

I also agree that nothing is more valuable than people and relationships, no man rules alone and only teams win.

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[jerhenderson]

Team

Tesla is hurting right now and frankly Elon is sort of being a jerk and not helping the cause in my opinion. I wouldnt be surprised if they push the FS series only sales as far as they can without major backlash. IMO thats at least a year. They seem to be working through FS invites at a rate of about 10,000 per week having gone from 112740000 to 11284000 in about 10 weeks and i bet that speeds up as they get to the later reservation holders and lower acceptance/order rates. So my guess is they may actually invite about million reservation holders to order the FS option and overall I bet the order rate is 5%. or about 50,000 FS CTs. That seems reasonable to be their 2024 production. I am putting my crystal ball away now.

Hurting how? Volume growth.... margin growth... 29 billion cash in the bank.....

 

[jerhenderson]

I understand the conversion rate is way less than 5%...
way less.
3500-18000 in 2024.
The brand is succumbing to negative experience association.
The insurance, repair hassle, depreciation history...
Its becoming the pseudo sigma man experience.
Hoping the Plaid S Era is not "peak Tesla".

When you sell a "lifestyle" vehicle/brand, negative and toxic associations destroy value. We pay premium for how these things make us feel and want to be associated with what they represent. Most people dont want to experience, or be associated with a shitty experience.

We really need Elon to come to the conclusion that Mars will never have the atmosphere needed unless its core can be reheated beyond even mankind's extrapolated technological capabilities. Even if we could create the magnetic field needed to stop atmosphere from being stripped by solar wind, we would have a hell of a time stripping the gas from inner planets to get it there.
Ergo, it might be healthy to consider limiting distractions so he can save and love himself, his mind, his joy, the education systems of all the countries in the world, the social fabric that humanity is struggling with, and then, maybe, maybe, worry about electric vehicles. Love who you are while becoming who you want to be. Love those working with you for who they are and who they might become. Rebuild the trust between customer, employees and Elon.
Customers are part of your team.

Trust priority 1 over Performance; creates the highest performance teams in the world. We lost two Seals recently, not one.

A break down in trust between Elon, board, engineering, production and customers is end of Tesla.

Maybe consider that SpaceX just might be more successful and executions more realistic due to the median interpersonal skill set of those teams to communicate and function with his inner mind. Average emotional intelligence might just be higher among rocket scientists?

If you think Mars needs an atmosphere that people can breathe for people to live there, you just don't get it.

 

[sigintel]

If you think Mars needs an atmosphere that people can breathe for people to live there, you just don't get it.

I don't think that.
I think large magnetic fields are useful for stopping solar wind from removing a planet's atmosphere.
People successfully live on ISS outside atmosphere.

But, the idea of people living on Mars is a fun topic (thread jack!).

Assuming "you just dont get it" is used as a pejorative followed by an enthusiastic, or maybe deprecatory, explanation of what "it" is.




Mars here we come!

 

[Mini2nut]

With “off the hook“ Cybertruck demand and limited production I predict Tesla will only be manufacturing Foundation Series trucks for the remainder of the year.

 

[Art138]

With “off the hook“ Cybertruck demand and limited production I predict Tesla will only be manufacturing Foundation Series trucks for the remainder of the year.

And they will sell all,of them….many of us waiting for the opportunity to buy. Most see the CT as a novelty; I doubt prices will drop any time soon as it appears demand is high.

 

[DumpsterFire]

Hey so forgive my ignorance on this. I am not eligible for the rebates so haven’t really looked into it but I thought the $7500 fed rebate was model specific so it wouldn’t really matter how many CT vs Model X/Y receive it. Thoughts?

 

[msdg137]

I went through the whole back and forth inner dialog, number crunching, and I was a hard no... I can't justify the cost, but didn't think I'd be offered a Foundation Series anyway... Then the email came...

I ordered an AWD.
I took all my list of no's and turned them into what ifs. The numbers started working out.

Justification:

Use the truck for a business that I've wanted to pursue.

$7500 commercial vehicle tax credit should be applicable. Not an up front credit but its something.

The depreciation schedule will offset hopeful revenue.

A fire to keep hustling.

Wish me luck...

 

[thedownwardmachine]

I went through the whole back and forth inner dialog, number crunching, and I was a hard no... I can't justify the cost, but didn't think I'd be offered a Foundation Series anyway... Then the email came...

I ordered an AWD.

Yolo, brother. I go back and forth on it every day. Truly though, sometimes you just have to go for your dreams. I wish you success 🫡

 

[thedownwardmachine]

This touches on one of my favorite econ topics, tax incidence.

Basically, it means that when supply is more inelastic than demand, the producer will adjust prices to absorb the tax or benefit from the subsidy. We know this happens with Tesla because we've seen them adjust prices promptly in response to subsidies expiring. We also know that Elon keeps the factories running at full tilt, so supply is perfectly inelastic, more than demand can ever be.

The kicker here is the price ceiling for applying the tax credit. Price the CT just below and demand spikes because the effective price plummets by the subsidy amount ($7500). Price just above and demand drops sharply. But because the production numbers are minuscule, you want prices high enough to balance demand -- to keep wait lists from getting too long, and to absorb the consumer surplus on the left side of the demand curve. The tax incidence doesn't even play a role.

When will it? Probably when the early adopters drop off and it turns out production volume is too high, (I think) at least one model will become eligible for the tax credit in order to move inventory. After that market segment is satisfied, idk what they will do to move production. My wild ass guess is the CT will serve as a HMMWV replacement for WW3, thus solving the demand issue.

Welcome to the downward machine of society. Get your order in now!

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