> Historically, there have been a few other companies that had hundreds of thousands of pre-orders, where you would end up waiting years for your car to be buil

> Historically, there have been a few other companies that had hundreds of thousands of pre-orders, where you would end up waiting years for your car to be built and delivered to you. Their names were Lada, Volga, etc. Soviet auto companies had the exact same problem Tesla has - inability to meet demand. Because genuine competition in the Soviet Union was not allowed. Don't want to wait for Mr. Musk's Magical Mystery Car? Then buy a damn Honda Civic or something. A huge pre-order list is notable when it occurs in a context where people have many other options not involving a long wait. It proves the existence of real demand, not "demand-because-of-a-lack-of-alternatives". Proving this demand is important for a small company which is trying to scale up.