ST Alpha - "They completely sold out production for the quarter. That's a good problem to have." (Reading a Post)

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In response to "Missed consensus estimate for quarterly deliveries by 1.5% (90,700 v. 92,000), price drop was to absorb the impact of losing half of the tax credit -- nm" by Super Daddy Princess

They completely sold out production for the quarter. That's a good problem to have.

Posted by TWuG Jan 2 '19, 06:39

And margins are between 20% and 30% on their cars, so a $2000 price drop isn't much of a dent in that

Responses:

I was at the vw dealership last week and was just stunned at the inefficiency of carbuying. the overhead is insane. - amanda Jan 2, 06:48 3
- Yep. Dealers HATE Tesla because it shows just how broken their sales model is - TWuG Jan 2, 06:57
- But none of that allows people to get suckered into things they don't need for more then they should pay for it. Silly maj. -- nm - oblique Jan 2, 06:50 1
  - oh I know. I used to sell credit protection at best buy. another infuriating thing is that all these layers of touch points means that the car buying - amanda Jan 2, 06:56
Sales of all models for the year were roughly 245,000. Which nearly doubled the number of Teslas on the road - TWuG Jan 2, 06:48 1
- The Model 3 was the best selling vehicle in its class for the entire year. The first time in ages an American car has held that distinction - TWuG Jan 2, 06:52

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