I enjoy being able to take my car there when I need it serviced or when I get in a fender bender and get my car back in 5 days And everyone buying a Tesla is paying full sticker so don’t act like they’re not getting fucked
Dealerships do not equal service centers. Im talking about the buying experience itself. Sure, but I know if I buy a Tesla outside of taxes and shit its going to be what it says its going to be instead of some arbitrary number that I have to haggle over in some dudes office for an hour+.
The haggling sucks but let's not act like Tesla doesn't build in profit to cover their dealership. If we were talking a mail order car that'd be one thing but a Tesla dealership still have costs associated and the car has money built into it to account for that.
I mean obviously the car cost goes to cover operating expenses, that’s business 101. My point is direct sales model is better than a dealership model, GK wanted to argue that and here we are.
i mean i dont have much of a dog in this fight over dealerships vs no dealerships, but just seems like a bunch of issues with tesla deliveries as well as repairs that could be alleviated with a dealership model. for example, there are dozens of complaints in texas of people who have paid their car in full but have been waiting 6 weeks for a delivery.
Not always. When you have 2 Chevy dealers battling for your business, you can get a better deal. If it's just one, they can say "My truck, my price."
You don’t have to be a dealership to have a service center that does repairs. Tesla’s service centers can be/are stand alone, what they need are more service centers and a North American parts warehouse and a European parts warehouse.On the deliveries side they do need more lot space to buffer deliveries, (they do not need to have cars sitting there waiting to be purchased or have sales people driven by commissions aka dealerships). Lol, the reason those people are waiting in Texas is because Dealership lobbyists have blocked direct car sales in that state I literally just pointed that out a few posts up, therefore Tesla has to jump through bullshit hoops to deliver cars to people.
The Tesla model is inarguably better in that consumers know Tesla's reservation price, whereas they rarely, if ever, know that with a traditional dealership. And of course, consumers incur far fewer costs in getting Tesla's reservation price than with a traditional dealership.
That is true, but it's not like Tesla owns all cars, they are still competing directly with Toyota and Ford and whatever. Car dealerships rape your ass too, don't forget. I recently bought a new car, and I actually know a guy who owns a dealership, so I get all my cars through him. But I wanted to shop around a little and see if I really was getting a good deal. I went to a competing dealership and went through the whole thing, did the test drive, told them what I was looking for, etc., then asked them for their best price. They came back with a price that was literally $80 a month more + $1500 down. I asked if they could do any better and they knocked off $20 a month. I then said I had a number from another dealership that was not even close to this, with $0 down, and they said well we do price match. I showed them the email, and they came back with a number that was $4 a month lower with $0 down. Their number changed by $84 a month and eliminated $1500 down. Now of course, buyer be ware, do your homework, etc., that's all true. But those 2 dealerships might battle for your business and still make bank on your ass. There can be benefits, but the more links you add to the chain, the more a piece of the pie each one of those links needs, and the higher the price goes for you. If what you are saying is true, why not add ANOTHER layer (or 2 or 3) to it? Put someone, like a sales negotiation company, between you and the dealership. Now you have someone who can shop all of those dealerships, and not just that, but compete with all of the other sales negotiation companies to give you the absolute best deal. The more layers there are, the more competition there is, and the better price you get.
Unrelated to Tesla but apropos to the last couple posts, if you’re interested in a specific new model and hate haggling, you should really be using Truecar. You might not get the absolute rock bottom price possible, but you’ll get a very fair price, well below MSRP, and won’t have to waste your time going back and forth with different dealerships.
“Several weeks ago, I announced to my team that I would be leaving Tesla because I had the chance to take a CFO role at another company,” McAnear said in a statement to The Verge. “I’ve truly loved my time at Tesla, and I have great respect for my colleagues and the work they do, but this was simply an opportunity I couldn’t pass up. Any other speculation as to why I’ve left is simply inaccurate. I’ve been working with the team to ensure a smooth transition prior to my last day on October 7th, and a number of members of the team are stepping up to fill my role.” https://www.theverge.com/2018/9/12/17852090/teslas-global-finance-head-is-leaving-the-company
Lol I mean of course he’s not going to say that Elon is committing a massive fraud and I want to get the fuck out
My experience with dealership service is mediocre at best so I laughed a bit about that working against tesla
I just saw an ad for a discount on XYZ Company They must be going bankrupt and only trying to inflate stick price
Do you think no other company has major pushes at month end and quarter end? I see my clients do it all the time. They aren't going bankrupt
You spaz out about basic things. "they have no demand" yet you say they have a 400k backlog. So they have demand, maybe just nit for RWD cars
They have a massive backlog, or they are lying to the SEC When they submit their financial I'm sure they are lying tho
GK thinks any positive press, announcement, or news is at best bullshit and at worst outright lying and manipulation. Literally every time.
Gallant Knight reminds me of all the "Crypto Insiders" who popped up last fall that would get way too emotionally invested on social media in regards to particular cryptos failing or succeeding.
Ding ding ding The $ for the supposed customer deposits isn’t held in escrow or a separate account it is all comingled money
He lies about everything Boring company tunnel in Chicago supposed to break ground any day now according to Elon
That's pretty much blatant GAAP violations & a seemingly completely ignorant claim. So their controllers & CFOs are all committing fraud? And in on this conspiracy?
That Reddit post has been up a couple of hours now and no one else has mentioned getting that offer. There's also no other mention of it on Twitter. It's kind of fascinating to see the things you take at face value.
The only thing I take at face value is that the company loses 700 million a quarter and has 1.6 billion in cash They’ve had two profitable quarters and both were by selling tax credits All the other stuff is just noise
Focusing on solely that seems like a sound investment strategy They will 100% be in default by year end
The same is true in reverse for Musk fans. Honestly that's why I follow this thread. The homerism in polar opposite directions is hilarious to follow.
Sigh, the SEC already looked into the reservation numbers in the spring of last year. They didn’t do shit cause the reservations are real. https://www.mercurynews.com/2017/12...gation-over-model-3-may-still-be-report-says/
Dude half the time I’m in here just copying direct news that contradicts random twitter poster bullshit GK posts. (Like the link I posted above) To me it’s mind boggling people think a guy who’s made the SAFEST car ever tested by the NHTSA, trying to produce an electric car/ sustainable energy company to curb climate change, and overall just improve humanity with every endeavor hes done is out to commit fraud and trounce his shareholders. For what? A quick buck?
Plus I feel like calling someone who stands to lose $100k or whatever if Tesla doesnt tank a "homer" doesnt really do justice to that person's position
No it’s not. Both Apple and Amazon have passed it for being shorted more. Are those two companies also going bankrupt soon? You keep citing them being the most shorted as some beacon signal that they’re doomed when the biggest players in the market regularly are among the most shorted. Also up there right now are Alphabet, Microsoft, Netflix, and Facebook. Yet none of them will be bankrupt anytime soon, same as Tesla.
Sounds like a lot of folks are betting against tech wieners I’m happy to be among them I’ve put my money where my mouth is and haven’t been shy about it. If I lose money y’all will know and if I make it y’all will know too
At the end of the day delivery numbers on Oct 2nd or 3rd is the only thing that matters in the near term.
I will probably roll my options to March 2019 before the earnings call for 3Q I think they are going to sell tax credits and take out that $500m line or credit again