Speaking of backlog... I think this post today could have been a factor in today's selloff.
Order confirmed: 5/2/2015
Est: Late May
VIN assigned: 5/4/2015
Production start: 5/15/2015
Being prepared for pickup or delivery: 5/19/2015
I will hit over 100 miles of all electric driving in the Volt today. Still well above the EPA numbers for this four year old car. Start in the morning, do a run out to errands. Plug in for two hours. Drive some more. Plug in at a free municipal building. Get a full charge and head home. I am not a big fan of the Volt Gen 2 yet and feel that the next ones to watch are VW and Ford for new EV opportunities.
They had to offer a way for owners to get in by getting out. They needed to pump the D sales and offering a quick solution to that was essential, and still is. If there are 1000 CPO on standby, that is fine. But the overall demand seems to be D. Used cars should be sent to Norway where they can utilize the incentives on used cars. Colorado also offers their $6000 rebate on used cars brought into the state. IL has just run out of their state rebate so, the Highland Park location may be able to sell more used than new if offered at a good price.
How hard is it to plug in a car. If people think plugging in at home is hard to do, it says a lot about those people. Same kind of folks who eat poptarts from the box thinking toasting is way too much work.
You indeed are right. I was in a hurry. It is as you say. 207 currently listed, more waiting in queue and sold 132 by now. If not more sold, which didn't enter the online action.
Two new models were involved in Q1. Q2 has a new model as well, and some new colors. They needed the D and did well with it. Backlog is worked down, it is time to get MX excitement going otherwise, delivery estimate will be Late June even into July.
I actually saw an MS on the road today. It has been weeks since the last moving sighting. Typical older driver in his 60s, most likely a stock market gain turned to supportive purchase.
You can get Model S CPO for just over $50k now. The negative there is service will become very expensive after warranty runs out. Buying new and keeping for 50k miles is most likely the typical plan. Tesla will not sell you parts as a private auto repair shop and the repair manual is very high priced. You are tethered to their shops and will have to pay their labor and parts rates.
They will add to the web site as they sell them. Just like banks with repos hold them and do not flood the market with their holdings. It keeps a market alive.
From 4/27 to now, 207 were removed from the online database according to tracking.
Latest rate of sale is like 3-4 per day. Lots more in the beginning.
The SEC doesn't jail people for hazy, manipulative promises. Only insider trading. When officers sell at high prices while they are also knowing the order book, backlog and other details, it is legal but surely contains insider information that offers tradable data. Why would JB, the father of the monumental battery storage, even consider selling any this month?
They got their extra 3 ZEV credits per car sold in the ZEV states. Yet, I think I read that someone with an MS 60 couldn't get a swap and it is only for select owners. Millions were made with hazy promises.