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by compcoffee
2821 days ago
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>Reservations stand at about 400,000 I believe. Based on? There's been no official release. If they stood at 400k, Musk would be shouting it from the rooftops. Many reservations were expecting a $35k car (with a substantial rebate). Even Musk himself said the demand for $50k+ sedans is ~100k annually. |
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> Customer deposits decreased slightly compared to Q1 to $942 million. This does not reflect the incremental deposits we received once we opened the Model 3 configurator for orders in early Q3 2018. Deposits impact the P&L only once the vehicle gets delivered to a customer.[1]
$.94 billion in deposits, where deposits are $1000 for a model 3, $20,000 for a Semi, and $250,000 for a roadster. It's also up by $90 million from two quarters before. No matter how you slice it they have a crazy number of deposits. Musk also does bring it up fairly often, certainly every earnings call that I remember.
[1]: http://ir.tesla.com/static-files/7235e525-db16-470c-8dce-9ec...