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Toyota Owners Jump Ship to Tesla

Discussion in 'Tesla' started by hill, May 18, 2018.

  1. Prodigyplace

    Prodigyplace 2025 Camry XLE FWD

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    You know the answer. It is just another forward-looking statement or goal which may or may not happen. It is not a promise.
     
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  2. tpenny67

    tpenny67 Active Member

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    Yes, but I want to see if @el Crucero can actually admit that :)
     
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  3. el Crucero

    el Crucero Senior Member

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    Tesla clearly says it is an estimate and that is what I believe it is. In my opinion, the 6 to 9 month window to begin production of the base model 3 is realistic based on recent ramping in production and steps to show a profit in this quarter. Realize, that should Tesla begin production of the base model 3 in that time period, realistically it will be 8 to 12 months before they actually deliver to market. Since the statement was made in June, 2018, it is my opinion based on their estimate that the base model 3 will arrive in customer hands no later than mid-2019.

    I would never invest in any company based on company statements, statements in the media especially stock "analysts", or opinions on the Internet. I would never invest in any company more than I could afford to lose and still sleep well at night.
     
    #843 el Crucero, Jul 12, 2018
    Last edited: Jul 12, 2018
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  4. fotomoto

    fotomoto Senior Member

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    Yes it does. Tesla said those things back then as the link he provided proves.

    Here's the very definition of the word promise: "a declaration that one will do or refrain from doing something specified .
    Promise | Definition of Promise by Merriam-Webster

    You don't have to say the word "promise" for the other party to the communication to take a statement as such.
     
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  5. el Crucero

    el Crucero Senior Member

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    There you go again, cherry picking the definition to fit your preconceived convictions. The rest of the definition:

    a legally binding declaration that gives the person to whom it is made a right to expect or to claim the performance or forbearance of a specified act
    reason to expect something
    • little promise of relief
    ; especially : ground for expectation of success, improvement, or excellence
    • shows considerable promise
    3: something that is promised
    The definition of "promise" is ambiguous and contradictory (and that is my opinion and not a promise).
     
  6. fotomoto

    fotomoto Senior Member

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    Sorry but that's not how a dictionary works.
     
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  7. el Crucero

    el Crucero Senior Member

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    In Your Opinion
     
  8. farmecologist

    farmecologist Senior Member

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    What kind of boggles my mind is people putting a substantial sum down to reserve a promise/estimate/whatever. This seems pretty unprecedented to me.

    As I've said before...kudos to these 'early adopters' that are pushing the tech forward.
     
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  9. orenji

    orenji Senior Member

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    If Telas did go BK, not saying they will, but won't all these reservation holders be out their deposits? Pretty risky move or peps who can afford to lose $3,500.
     
  10. orenji

    orenji Senior Member

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  11. tpenny67

    tpenny67 Active Member

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  12. vinnie97

    vinnie97 Whatever Works

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    Initial thoughts after yesterday's retrieval: The 2-hour maiden voyage home was successful from an operational vehicle standpoint, not so much from a metro bus and car trailer attempting to smash into me/force me off the road perspective. I was not as attentive as I might have preferred (shortage of sleep due to anticipation) and was spending an inordinate amount of time getting accustomed to the vehicle features, but I feel lucky to have arrived intact. The bus didn't even indicate, just began to veer into my lane willy nilly. I put more blame on their inattentiveness than mine. The trailer just cut me off right as my traffic aware cruise control was kicking in (which didn't perceive the angular threat or attempt to brake). Thank goodness I had a shoulder to veer into and managed to maintain control of the vehicle. I certainly did "drive it like I stole it" when I finally passed that trailer (hitting 99 mph momentarily). Autopilot is a fun (if nerve-wracking) experience. Unfortunately, auto-steer got uncomfortably close to a dividing wall a few times on a windy part of the interstate through a gorge. I may not use it through there again (the peppy 3 is more fun to drive yourself through those kinds of passages anyway).
     
  13. Trollbait

    Trollbait It's a D&D thing

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    The news article you are thinking of was corrected after it was posted here. Tesla changed the buying process for the Model 3 to what I assume is the one for their other cars, and made the build page open to the public. I haven't checked the site to see if it's live yet though.

    The important part is that the down payment for those without a reservation fee is just $2500. It is non-refundable, but it sounds like there is a window between paying it and the order going into the system or production that allows for "buyer's remorse". I don't recall the wording in the article.

    For those with a reservation, I think that $1000 can be applied to the $2500 down payment when they place their order.

    The link contains select quotes of statements he made to Autocar, which I can't find the original source of, sumerised the rest.

    Here is an important line from it.
    "It, according to Tesla’s chief designer, Franz von Holzhausen (via autocar), will be a BMW 3-series competitor that the Californian automaker hopes to launch as early as 2015."
    Underlined the important bit there.

    As for the, hopeful, price of $30k, well the article is from July 2012. Inflation adjustment to January 2018 makes that $32,456.92. Still a difference, but the $35k is still closer to both than what GM was saying in regards to the first Volt.
     
  14. Zythryn

    Zythryn Senior Member

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    People do this all the time. Note, not all people do this all the time, but some do.
    I paid a builder for a promise to build me a house. True, it wasn't all up front, but it was a substantial amount.
    At this point though, NO ONE is paying Tesla a dime for the small battery pack car, Tesla is currently only accepting money for the LR and Performance models. These all have delivery estimates between 2 and 6 months.
    For those that had reservations earlier, I am not sure how that is handled. But for someone wanting to order today, the above is accurate in the U.S.
     
  15. bisco

    bisco cookie crumbler

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    i have to give a septic guy $14,000. to start installing a new system.
     
  16. tpenny67

    tpenny67 Active Member

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    This is why I like posting links because quotes can turn into a telephone game. The original quote is "hopes to launch as early as", but the headline read "Due by 2015", and of course I said "promised". The same thing happens in engineering. If I say "given an act of God in addition to good luck it might be ready by then" to my manager, by the time is goes through several people to marketing they're making contractual commitments to customers based on that sarcastic estimate.

    If we can get past terminology, I found it interesting because that's the first time a date has been associated with the start of Model 3 production that I'm aware of. Sort of like "remember the old days when we thought people would be driving a Model 3 in 2015?". Okay, I never actually thought that. :)
     
  17. bisco

    bisco cookie crumbler

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    i like to enjoy the present, and focus on the future. the past is irrelevant.
     
  18. Zythryn

    Zythryn Senior Member

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    In some ways yes, in others, the past is critical.
    One of my favorite quotes illustrates that.

    “Those who cannot remember the past are condemned to repeat it.”
    George Santayana
     
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  19. HPrimeAdvanced

    HPrimeAdvanced Senior Member

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  20. bisco

    bisco cookie crumbler

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    must be why elon keeps overpromising.:cool:
     
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