I'm playing golf @7:21 tomorrow. I'm simply worn out reading this utter lunacy. I'm done.
Tesla has a fiduciary responsibility to inform customers. It's in the sales contract.Tesla has the fiduciary responsibility to notify the customer when a vehicle is going to be built. It's in the sales contract. The customer must provide additional funds to solidify the deposit to becoming non-refundable. It's in the sales contract. But you contend Tesla is doing this unannounced? Can you even begin to imagine the legal exposure Tesla would undertake by doing this? Do you honestly believe Tesla could trust every, single customer to accept all of this baloney? You sound like you're having a psychotic break. You might need professional counseling.
How does Tesla address the battery shortage? How does/did the customers find out their vehicle was already being built? Did Tesla ask for MORE of a deposit? Could any of the customers back out? How does Tesla hold their feet to the fire if the customer backs out? Did they all sign waiver consents?
Pwdy, you've certainly tossed out some questionable comments before. But this stuff? It's a REAL Doozy!
So, if X's are being built, then the customers have been notified? Why has not a bit of this been communicated by the media? Did the customers swear to secrecy? LOL! And if they did, WHY? And what's the penalty for talking?
Building X models at the sacrifice of 4drs is highly unethical. Tesla claims to be production constrained and yet, you believe Tesla is violating the trust of the customers by doing this? Tell me, how in God's name does this profit anyone?
Sooooooooo, Tesla is building X models for "later"? And Tesla is doing this in spite of an acute production constraint due to a lack of...................batteries??? How does that work? Tesla is overlooking valid 4dr customers in order to satisfy the X customer?
your logic, if you could call it that, is way beyond normal. Once more, can you explain WHY the media isn't reporting X model inventory?? Moreover, how in God's name can Tesla supposedly build the X without divulging the pricing structure to the customers who supposedly ORDERED the vehicle? Really, none of what you're saying makes any sense at all. If this is your version of reality, then the sky in your world definitely is NOT blue!
Once more, Pwdy, explain how you know Tesla is building an inventory of X models. Where are they storing them? And WHy hasn't the media found out about it? Easy questions. Difficult answers for you.
Q3 finished goods was $226 million. The big build up of unsold inventory began in Q4.
Then again, it's all because of production constraint and the over 10,000 orders sitting in house. Riiiiiiiiiiiiiight! Can any of you name any auto company on Earth that DOESN'T clean out the factory at the end of the year? It's a ritual throughout the world. But Tesla is THE only exception???
The inventories consisted of vehicle with 0 to 150 miles. The discount varied from car-to-car. I don't know where the cars were stored and I didn't ask. There were at least 20-30 pages on the computer consisting of pictures of 20-30 cars per page. What he showed me first was the SouthEast Inventory. I surmised maybe 600 vehicles. Then he clicked up a page of numbers, only, dividing the country. He told me he was confident Tesla had any type of vehicle I wanted.
When I asked him how many vehicles were available nationally, he said, "....I'm guessing, but at least 3,000, maybe more". It's what he said. Why would I lie? Oh, I guess because I'm being paid to do it? LOL!
The 10K identified $397 Million in finished goods. If Tesla had so many unshipped vehicles at quarter's end, WHY did Tesla build unsold 4drs to begin with? Can ANY of you zealots explain it?
The predominant US market for Tesla is California. So how could you list unexpected winter weather as a factor? Evidence?
Is there a trucking strike or slowdown? How could a lack of trucks to deliver cars be a factor? Evidence?
Sales are production restricted? How can you say that? Evidence?
Lastly, you say Musk is just being a good employer? Great! Then how about you explaining why no sales chief has ever lasted more than two years with Musk, even though you say sales aren't a problem because of production constraint?
Your theories don't add up.
JMC, the way every other auto company does it is a production # is provided once the vehicle is slated for production. The production # always remains. But the VIN comes when the vehicle is produced. If an order is cancelled before production, the production # goes away. The VIN never does as it's always attached to the actual finished product.
I think what Tesla has been doing is canceling the production # like all the others. But I have no idea why Tesla is providing a VIN before anything else. It gets confusing to follow. In any case, I truly believe Tesla purposely hides data. It's easier to NOT be transparent than face a myriad of questions daily. So the Tesla people are conditioned to not answering.
z28, you're a child. You can't even engage anyone with an adult conversation.
Enjoy your day out of your isolation cell.
TTT EOM. Look familiar?
Future, you're no different than the BS analysts predicting DCF numbers using perfect metrics.
Your first problem is you believe Tesla has 10,000 unfilled 4dr orders. If that many existed to begin with, WHY did Tesla build almost 5,000 unsold vehicles in Q4? Try answering that first.
Oh, and you're finally recognizing 2015 for Tesla is going to be a sales AND loss bloodbath. Congratulations!
So, if Tesla sold 250,000 vehicles per year, the number of employees would be, say, 80,260?
You're an idiot. You prove it daily.
Jc2014123, you're arguing with a kid. He has zero concept of anything related to the auto business. He REALLY doesn't understand the difference between orders and delivery. I've had the same discussion with him and he can't grasp the concept at all. Well, maybe he does and he's too headstrong to admit it.
You GOOGLED Appeal to authority without actually understanding the full meaning of the term. i suggest you understand the FULL meaning.
You're in business? Really? You're a software programmer. What part of the retail business have you been in?
You want to talk business? Be my guest. You want to show off your johnson, save it for the school girls. Throwing out insults to me when you can't even defend your own position with adult logic, is so childish. Think about that BEFORE you post. No one is jumping to your aid here. You should calm down and quit flailing in the wind. Very immature of you.
I'm saying Tesla DID build unsold inventory. It was enough to satisfy at least one quarter's worth of US sales, maybe more! Those vehicles have been available to sell since November.
IMO, Musk refuses to allow anyone within the organization to utter a single negative word. Therefore, aside from visiting a store yourself, you'd never know inventory was available.
Not building for actual customers? LOL! Which one? If you can't determine this immense boondoggle yourself, you need to be institutionalized.
Crocster, IMO, I don't believe Musk sought out anyone to help launch his sales process. I also think he believed he knew all there was to know about being a retailer when, in fact, he never was one. History has now proven how wrong he's been. His mismanagement of sales chiefs to his poor choices of expanding in exotic places like Monaco, Singapore, and China without doing his homework, boggles my mind. My question is: How could he be so arrogant? So unprepared? So reckless?
IMO, good leaders always seek advice. Not that they'll always listen. It's just reasonable to be willing to listen to all sides, because in the auto business, there are ALWAYS other sides to consider. This will be Tesla's downfall, unwillingness to accept criticism.