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Anyone Else Put a Deposit Down on a Tesla Model 3 ?

Tax credit

For reference, the $7500 tax credit will phase down/out as follows (if I'm reading the rules correctly):

Once Telsa sells 200,000 qualifying vehicles in the US (including Roadster, Model S, Model X and Model 3 combined) the clock will start on phase down/out. Tesla has already sold 40k+ qualifying vehicles as of end of 2015, and for arguments sake let say they sell ~40k in 2016 and ~40k in 2017 prior to first delivery of Model 3 unit. So if they sell unit #200,001 between April 1 and June 30, 2018 that means anyone who has their Tesla delivered by Sept. 30, 2018 would be eligible for the full $7500 credit. Those delivered between Oct. 1, 2018 and March 31, 2019 would be eligible for a $3750 credit. And those delivered between April 1, 2019 and Sept. 30, 2019 would be eligible for a $1875 credit, with no credit after that date.
 
For reference, the $7500 tax credit will phase down/out as follows (if I'm reading the rules correctly):



Once Telsa sells 200,000 qualifying vehicles in the US (including Roadster, Model S, Model X and Model 3 combined) the clock will start on phase down/out. Tesla has already sold 40k+ qualifying vehicles as of end of 2015, and for arguments sake let say they sell ~40k in 2016 and ~40k in 2017 prior to first delivery of Model 3 unit. So if they sell unit #200,001 between April 1 and June 30, 2018 that means anyone who has their Tesla delivered by Sept. 30, 2018 would be eligible for the full $7500 credit. Those delivered between Oct. 1, 2018 and March 31, 2019 would be eligible for a $3750 credit. And those delivered between April 1, 2019 and Sept. 30, 2019 would be eligible for a $1875 credit, with no credit after that date.


I hope you're correct. I read that they already sold ~80,000 so the fed credit might expire sooner.


Sent from my iPad
 
On a related topic, I'm searching for possible solutions to secure a wall charger from use by others. I have a condo and a shared parking garage. I'll be able to install a wall charger for my use but I don't want anyone else to use it, nor take the charging cable. It seems like Tesla's wall charger is meant for private garages where this isn't a concern. I know there are many chargers on the market. If any of you see such a solution please let me know. I'd hate to have to keep the charger cable in the car and connect it each time I want to charge. A lock of some type as a simple deterrent is fine...I'm sure anyone who really wants to steal it will anyway but I certainly don't want others to charge their cars on my dime.

Thanks!


Sent from my iPhone using Tapatalk
 
I put down a deposit for two tesla 3's (for wife and myself). Expected a small line, but not the huge crowd. Some people had camped out. Overheard a security guard telling people that some arguments broke out. Some people in line went home to rest/shower and came back 6 hours later expecting to get their spot back.

I previously had put down a deposit for the X as well, so they invited us to some event at their factory. I had a chance to test drive the tesla p90d X model (with ludicrous mode) and get a factory tour. Very impressive factory. The test drive was even better. They encouraged you to floor it. That thing goes 0-60 in 3.x seconds!

Tesla did allow you to sell/transfer the X reservation. However they have specifically changed it so the 3 reservation(s)must be delivered to the address on the reservation. Glad to see that so opportunists can't reserve a car with sole intention of reselling it.
 
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I have a condo and a shared parking garage.

If I were you I would try to get the condo HOA to install some charging stations. The Tesla website says this currently:
"Qualified properties will receive their first two Tesla wall connectors free of charge as long as they are installed in visible or convenient locations."
https://www.teslamotors.com/destination-charging

Failing that I think I would have the charging unit installed inside an electrical box and keep a lock on it.
 
On a related topic, I'm searching for possible solutions to secure a wall charger from use by others. I have a condo and a shared parking garage. I'll be able to install a wall charger for my use but I don't want anyone else to use it, nor take the charging cable. It seems like Tesla's wall charger is meant for private garages where this isn't a concern. I know there are many chargers on the market. If any of you see such a solution please let me know. I'd hate to have to keep the charger cable in the car and connect it each time I want to charge. A lock of some type as a simple deterrent is fine...I'm sure anyone who really wants to steal it will anyway but I certainly don't want others to charge their cars on my dime.

Thanks!


Sent from my iPhone using Tapatalk
Surely you would put the charger and cable in a electrical wall box.

https://www.google.com/search?site=...taUjTao#tbm=isch&q=large+electrical+meter+box.
 
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Telsa seriously underestimated Model 3 Demand - by Jon Fingas/ Latest in Gear/ engadget/ engadget.com

"Elon Musk says orders for the EV are more than twice as large as expected.

It won't shock you to hear that Tesla low-balled demand for the Model 3, but by how much? Er... quite a bit, actually. Elon Musk has revealed that his company expected "1/4 to 1/2" of the pre-orders it got (252,000 worldwide as of this writing) for its first semi-affordable electric car. While he'd expected lineups at Tesla stores, he figured that there would be "maybe 20-30 people" in queue at a given shop -- not the hundreds that showed up at some places. As a token of appreciation, Tesla plans to give those in-person customers an extra reward on top of what every pre-order customer will get..."

Richard
 
If I were you I would try to get the condo HOA to install some charging stations. The Tesla website says this currently:

"Qualified properties will receive their first two Tesla wall connectors free of charge as long as they are installed in visible or convenient locations."

https://www.teslamotors.com/destination-charging



Failing that I think I would have the charging unit installed inside an electrical box and keep a lock on it.


Destination chargers are for public use, primarily for retail businesses from what I understand. I highly doubt a private association parking lot qualifies.


Sent from my iPad
 
Seems like there's a lot on this topic of HOA and EV charging, options, etc. In 2012 California covered this issue directly, voiding any prohibition against the installation of EV chargers, and even has a solution for using non-exclusive use common area for charging when installation costs are unreasonably high. I'll be looking into this for myself, since my exclusive use parking spaces are the furthest (lowest level and across the parking lot) from the electrical room while there are existing visitor parking spaces directly next to the electrical room.

For reference: http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201120120SB880


Sent from my iPad
 
I also put down a deposit for a reservation. Hoping my 2006 Prius with a refurbished replacement battery will hold out 2 more years for me to get my Tesla Model 3.
 
Telsa Is About to Face the Biggest Challenge in Its History - by Matthew DeBord/ Finance/ Business Insider/ businessinsider.com

"Tesla has every right to celebrate.

Last week in Los Angeles, CEO Elon Musk presided over the unveiling of the electric-car maker's wildly anticipated mass-market car, the Model 3.

I was there, and the Model 3 looks sharp, although I'm less enthused about its design than I was when it was first rolled out and was given a short test drive.

Of course, cars for the masses aren't supposed to be insanely eye-catching. And clearly the Model 3's actual aesthetics don't matter: over 100,000 people plunked down pre-orders last Thursday, at $1,000 a pop, before they had any idea what the car looked like.

After the Model 3 was revealed, that number climbed to nearly 200,000. For the record, that's four times the total number of vehicles Tesla delivered in 2015 — and roughly twice the total number of electric cars sold in all of last year.

So, bravo Tesla! Except there's a small issue to deal with ...

Tesla now has to build those cars...."

Richard
 
Telsa Model 3 Electric Car Orders Accelerate to 250,000 - from BBC News/ Business/ bbc.com

"Tesla founder and chief executive Elon Musk says pre-orders of the firm's much-anticipated Model 3 electric car have passed the 250,000 mark.

The California-based firm unveiled the five-seater car - its lowest-cost vehicle to date - on Thursday.

Mr Musk tweeted he would give further updates on Sunday and Wednesday..."

_89058303_89058302.jpg

Tesla
Image caption Mr Musk has tweeted design sketches of the Model 3


Richard
 
Telsa Should Raise Money Now - by Chuck Jones/ Forbes/ Investing/ forbes.com

"Tesla is blowing away most expectations on how many Model 3’s would be ordered with many looking for 100,000 (I was at 200,000). The latest tweet from Elon Musk was 253,000 as of Saturday morning with another update coming tonight and the last one on Wednesday, a week after orders were first taken. (Note: I have ordered a Model 3).

Tesla wrote in its shareholder letter “We expect to generate positive net cash flow and achieve non-GAAP profitability for the full-year 2016. Thus our cash balance at the end of 2016 should increase from the year end 2015 level. We plan to fund about $1.5 billion in capital expenditures without accessing any outside capital other than our existing sources that support our leasing and finished goods inventory.”..."

http://specials-images.forbesimg.com/imageserve/4b268de09a994afa97485fab54dfc112/960x0.jpg?fit=scale
Tesla Motors unveils the new lower-priced Model 3. (AP Photo/Justin Pritchard)

Richard
 
Telsa Should Raise Money Now - by Chuck Jones/ Forbes/ Investing/ forbes.com


This is one of the first articles I've read that mention Apple. Many are wondering what they are considering. I suspect that if Apple announces a car before the Tesla 3 preorders are ready to commit, many will switch to Apple (assuming they have a similarly priced car with similar features). This has to be a risk to Tesla, though probably not as great as other existing EV car manufacturers (for instance, I wouldn't be surprised to find that the price for the Bolt suddenly decreases in the next year).
 
I fell in love with Tesla when they came out with the Roadster back in 2008 (?). Still think that is the best looking one of them all. The lease on my C-Max is up in April, 2017 and that's when I'll look at leasing one. While I'm not in love with the design of either the S or 3, I was taken for a ride in an S and took an S dual motor for a test drive. The X isn't bad looking, but I really like the Roadster. The 215 miles per charge is nice, but I think I'd rather have 265.

Keep parking my C-Max next to a tree so maybe it will fall on it and I can get out of the lease early to get my Tesla sooner...
 
Telsa Model 3 Orders Surpass $10 Billion - by Blaise Zerega/ Elon Musk/ Model 3/ Telsa/ Telsa Motors/ Venture Beat (VB)/ venturebeat.com

'Today, the Tesla Motors CEO tweeted that his company had received 276,000 orders for the Model 3 at the end of day on Saturday April 2, 2016. Earlier that day, Musk reported orders reaching 253,000 orders in the first 36 hours, which when delivered, would mean more than $10 billion in revenue.

The feverish demand for the Model 3 has been compared to people waiting in line for a new iPhone and seems to have caught everyone off guard. This all electric sports car is intended for the mainstream with a base price of $35,000 and a range of 200 miles.To place an order, or pre-order, people need to register and pay a $1,000 refundable deposit for a vehicle that will ship sometime next year. (The average selling price will likely be $42,000.) Describing the massive number of pre-orders, Musk expressed his gratitude and delight on Twitter: “Token of appreciation for those who lined up coming via mail. Thought maybe 20-30 people per store would line up, not 800. Gifts on order.”..."


Richard
 
I fell in love with Tesla when they came out with the Roadster back in 2008 (?). Still think that is the best looking one of them all. The lease on my C-Max is up in April, 2017 and that's when I'll look at leasing one. While I'm not in love with the design of either the S or 3, I was taken for a ride in an S and took an S dual motor for a test drive. The X isn't bad looking, but I really like the Roadster. The 215 miles per charge is nice, but I think I'd rather have 265.

Keep parking my C-Max next to a tree so maybe it will fall on it and I can get out of the lease early to get my Tesla sooner...
The Tesla Roadster used Lotus supplied gliders based off the Lotus Elise. Not surprising that it is the best looking design thus far. But a roadster will always have limited market appeal.

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They are building the Tesla Gigafactory, (battery factory) in the desert just East of Reno. This is a huge boon for the economy of the region. During the last economic down-turn, Reno was very hard hit and had a high foreclosure rate.

Some things I found interesting:

-The Gigafactory will have the largest footprint of any building in the world - 5.5 million Sq.Ft.
-It will eventually employ 6,500 people.
-About 900 construction workers are building it.
-It is going to be primarily solar and wind powered.
-Tesla is essentially paying no state/local taxes for 10 years, except 7.5 million per year to the local school district, to accommodate the needs of the families who are expected to move into the area.

Tesla-Gigafactory-Nevada.jpg


https://www.teslamotors.com/gigafactory
 
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Will be interesting to see what GM does with Bolt pricing. They've got a huge advantage on Tesla in that the Bolt can be sold for little or even no profit and not really impact GM financially. Tesla needs to make money on the 3. Furthermore, I anticipate that the 3 will cut into sales of the S, which will further impact Tesla's bottom line. Tesla needs a $45k 1/2 ton pickup in it's stable. :)
 
Destination chargers are for public use, primarily for retail businesses from what I understand. I highly doubt a private association parking lot qualifies.


Sent from my iPad

Yes, just depends on your condo. I don't know where you live or what it's like. I was just throwing that out there. Many condos do include some amount of public parking or perhaps a deal could be made where the HOA pays half and Tesla pays half, I don't know....


Anyway, here's another resource to help
http://www.afdc.energy.gov/fuels/electricity_charging_multi.html
 
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