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Meanwhile Tesla just keeps taking pre-orders regardless of their production projections for next year. Tesla may be afraid to admit to the public how many pre-o
by jaeming 6y ago
Meanwhile Tesla just keeps taking pre-orders regardless of their production projections for next year. Tesla may be afraid to admit to the public how many pre-orders they've actually taken.
> The number is "at least 200,000." Musk made the comment during an interview with Automotive News on Sunday, and it's a significantly lower figure than the running total compiled by a crowdsourced list. Fans keeping track of their order numbers estimated that there have been approximately 727,000 reservations for the electric pickup truck.
source: https://www.cnet.com/roadshow/news/elon-musk-tesla-cybertruck-reservations/ https://www.cnet.com/roadshow/news/elon-musk-tesla-cybertruc...
- kingbirdy 6y agoWhat's in it for Tesla to downplay demand for their product?
- afjl 6y agoI guess fans/media won't be as upset when production doesn't meet projected targets? Or maybe Musk just forgot the actual number and was guesstimating.
- gamblor956 6y agoStock price. If they overstate demand, the SEC can fine them for stock manipulation later. Downplaying demand is the conservative position to take, since it's not clear how many reservations will actually convert to sales.
- lenitabinol 6y agoPreorder deposits are listed on their balance sheet every quarter...
- ogre_codes 6y agoThought Musk said they stopped counting after half a million pre-sales of the Cybertruck. Of course since most of these trucks won't see the light of day until sometime in 2022, it really doesn't make too much difference at this point. If Riviian or Tesla starts shipping in volume before the Hummer (or Cybertruck if Riviian is out the door first) is out, what is a refundable presale deposit worth?
- curiousllama 6y ago> What is a refundable presale deposit worth? That's probably why he says something low - I bet they estimate deposit -> sale conversion rate to be ~25%