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This is all new to me. Can you explain what's going on? People wait in line for cars now? You guys must be rich! I read a reservation costs $1k. What is the reservation for and can you use that toward the amount of the car?

I'm not poor... given that I'm only 23, I am rich for my age (I think? I'm better off than pretty much everyone else who was in my high school graduating class.) But this car is pretty normal priced. It's $35K... the average new car sold in the US last year cost $31K. After you factor in EV incentives, this car is cheaper than that average price.

The $1000 reservation does count towards the cost of the car. It's fully refundable if you change your mind. When they're about 3 months from shipping the first car, they'll ask everyone with a reservation for the full price of the car, plus all the specific options they want (battery size, color, heated seats, autopilot, etc... you can look at teslamotors.com/models/design to get an idea of the sorts of options Tesla has asked about for prior cars). That's your last opportunity to ask for your reservation to be 100% refunded - once you've told them which options you want, they'll have begun assembling your car.
 
People standing in line for the Tesla to pre-order is like people pre-ordering the Apple Watch. Even worse, with the Watch you sort of knew because they had presented it, but with the Tesla car, we wont know what it is until later today. I waited for the watch until i could see it in the store. And then I waited for ever to actually get it shipped (still havent gotten over that). I will wait until 2017 or 2018 to test drive the Tesla before deciding to buy. For those that can do it sight unseen, I cheer for your adventurous ways.
 
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"overshadowed" - seriously?!

My thoughts exactly. There's no competition here with Tesla's major new product and Apple's upgraded 5s. I think the SE is a great product, but seriously, Apple did not need a special event for it, or anything else they announced.
 
People standing in line for the Tesla to pre-order is like people pre-ordering the Apple Watch. Even worse, with the Watch you sort of knew because they had presented it, but with the Tesla car, we wont know what it is until later today. I waited for the watch until i could see it in the store. And then I waited for ever to actually get it shipped (still havent gotten over that). I will wait until 2017 or 2018 to test drive the Tesla before deciding to buy. For those that can do it sight unseen, I cheer for your adventurous ways.

Not quite. This is more like if Apple had been selling the iPad for $500 for a few years, then announced that the iPad Mini would be out and only cost $250.

You can test drive a Model S now. You know that the Model 3 is going to be similar, but smaller and cheaper.

I think the real reason Tesla is doing this, other than for the stories ("200K stand in hour long lines to order a car sight unseen!"), is so that the people who have been waiting for this car for years can get it before the people who only become interested once they see it. There's going to be a difference of the better part of a year, if not years, between when the first person who lined up gets their car and when the first person who ordered online gets theirs.

I've had my eyes set on Tesla since ~2011. It'd be really annoying to me if someone who was disinterested in the Model 3 up until tomorrowended up getting theirs a year before me.

On a related note, I've been really surprised at how few people on these forums are excited about the Model 3.

The Tesla brand heavily resembles the Apple brand to me. A lot of Tesla fans are Apple fans. It seems interesting that the inverse isn't true - few Apple fans seem to be Tesla fans.
 
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Strategy Fail - It's about now that Apple's new retail head's decision to get rid of lines at Apple stores starts to look foolish.

The lines were part of the buying culture, the atmosphere of the launch not just in the long queues but followed online by many. It created a lot of free press for Apple and encouraged the buying surge. The new strategy gets no coverage for Apple and even negative press and will do so in future.

I understand the new person has some negative views about lines, perhaps they are unseemly for a top end product. Who knows. Please bring back the old strategy.

On the plus side I should be able to walk in and buy an iPad Pro today.
 
I'm not poor... given that I'm only 23, I am rich for my age (I think? I'm better off than pretty much everyone else who was in my high school graduating class.) But this car is pretty normal priced. It's $35K... the average new car sold in the US last year cost $31K. After you factor in EV incentives, this car is cheaper than that average price.

The $1000 reservation does count towards the cost of the car. It's fully refundable if you change your mind. When they're about 3 months from shipping the first car, they'll ask everyone with a reservation for the full price of the car, plus all the specific options they want (battery size, color, heated seats, autopilot, etc... you can look at teslamotors.com/models/design to get an idea of the sorts of options Tesla has asked about for prior cars). That's your last opportunity to ask for your reservation to be 100% refunded - once you've told them which options you want, they'll have begun assembling your car.

Better hope they don't sell their 200,000th vehicle before you take delivery. Otherwise the tax credit starts going away. 50% of the credit in the first 2 quarters after the 200k vehicle, then 25% of the credit, then nada.
https://www.irs.gov/Businesses/Plug-In-Electric-Vehicle-Credit-IRC-30-and-IRC-30D
 
I don't understand the line waiting for the SE. Could have ordered it online and had it delivered to your house. Tesla you can't preorder until after the unveil tonight, so going to the store is a must to get first dibs.
 
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When they're about 3 months from shipping the first car, they'll ask everyone with a reservation for the full price of the car, plus all the specific options they want (battery size, color, heated seats, autopilot, etc... you can look at teslamotors.com/models/design to get an idea of the sorts of options Tesla has asked about for prior cars).

Am I misunderstanding what you are saying here? Are you saying they expect you to fully pay for the car three months before you receive it?
 
I'll bet ArtofWarfare is going nuts, standing in the middle of the street looking manic. "Do I get in the Mode 3 line or do I get in the SE line?"

I drove past the Model 3 line at the Tesla store about a dozen blocks from the Apple spaceship construction site. The Model 3 line looked like it was going to be the longer one. So that's the line I decided to stand in. No scalpers!
 
Am I misunderstanding what you are saying here? Are you saying they expect you to fully pay for the car three months before you receive it?

I'm actually not sure now that you mention it. They definitely won't ask before you configure it, as then they wouldn't know how much to charge you. But depending on how you configure it, they may choose to put off building your car by several months (they've said the highest spec cars will be built first). I know they won't start making your car until you pay them in full. With the Model S, it takes about 6 weeks from when they begin building the car until you receive it.
 
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The Tesla brand heavily resembles the Apple brand to me. A lot of Tesla fans are Apple fans. It seems interesting that the inverse isn't true - few Apple fans seem to be Tesla fans.

At the Apple shareholders meeting in 2015, two or three shareholders stood up during the Q&A and asked Tim Cook about buying Tesla. He smiled and answered by talking about... CarPlay instead.
 
Better hope they don't sell their 200,000th vehicle before you take delivery. Otherwise the tax credit starts going away. 50% of the credit in the first 2 quarters after the 200k vehicle, then 25% of the credit, then nada.
https://www.irs.gov/Businesses/Plug-In-Electric-Vehicle-Credit-IRC-30-and-IRC-30D

Not quite right. The incentive begins dropping in the second quarter following the quarter when they sell their 200,000th car in the US.

So if they cross 200,000 US sales in Q1 2018, everyone who gets theirs in Q1 or Q2 of 2018 will get the full incentive. If Tesla manages to make 500K in 2018 like they say they will, potentially the 450,000th car will have the full incentive, the next 250K will have 50%, and the next 250K after than will have 25%.

The MA incentive I'm less certain about. It's a pool of money - once it's gone, it's gone. I think it has around $1.1M in it, and they're giving out $2500 for every BEV or Plug-in Hybrid that costs under $60K, or $1000 for the ones that cost over $60K.

It'll run out of money after just 400 BEV or Plug-in Hybrids are sold in MA...

And now that I've run those numbers, I just realized there's no way that I'll get that at all, unless the program is given additional funding.
 
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Not exactly, considering people with the intent and wallet of buying an iPhone are not likely going shopping for the new tesla on the same day. My 2¢
 
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Strategy Fail - It's about now that Apple's new retail head's decision to get rid of lines at Apple stores starts to look foolish.

The lines were part of the buying culture, the atmosphere of the launch not just in the long queues but followed online by many.

Back in the old days of the iPhone 3G, 3Gs, 4, yes. After that, masses of hired scalpers took over the front of the lines, and even got into fights. Not a good atmosphere any more. So a less foolish decision than you might think.
 
How is the phone overshadowed by a car? They're not exactly comparable products and the subset of people who decided to line up for a car instead of the iPhone SE could probably fit in one store.
 
I had to wait 20 minutes in a virtual queue for my iPhone SE at the Apple Store . The assistant also send a message out over their comms to check stock now as they are getting very low whilst serving me .

Just glad I got one , I cannot over state how fast this phone is. It's frickin fast !!!!
 
Not quite. This is more like if Apple had been selling the iPad for $500 for a few years, then announced that the iPad Mini would be out and only cost $250.

You can test drive a Model S now. You know that the Model 3 is going to be similar, but smaller and cheaper.

I think the real reason Tesla is doing this, other than for the stories ("200K stand in hour long lines to order a car sight unseen!"), is so that the people who have been waiting for this car for years can get it before the people who only become interested once they see it. There's going to be a difference of the better part of a year, if not years, between when the first person who lined up gets their car and when the first person who ordered online gets theirs.

I've had my eyes set on Tesla since ~2011. It'd be really annoying to me if someone who was disinterested in the Model 3 up until tomorrowended up getting theirs a year before me.

On a related note, I've been really surprised at how few people on these forums are excited about the Model 3.

The Tesla brand heavily resembles the Apple brand to me. A lot of Tesla fans are Apple fans. It seems interesting that the inverse isn't true - few Apple fans seem to be Tesla fans.
I think that Tesla is very interesting and if I owned or wanted to own a car, this would be on my list. Being in the city with no private parking, it makes it difficult to own a car and especially an electric car. Another thing for me is that even though Tesla is an interesting car, the company is run by the guy who created paypal (I am not a fan) and has the idea of building supersonic tubes to get us around the country. Generally I think the guy is a bit of a wako, but clearly has done very well.

Anyway I am happy for you that you will be one of the first to have a car in several years from now. Me, I just hope I can get a seat on the bus :)
 
I shop online only. I can not imagine myself, standing somewhere for a day or two. Even if Tesla or Iphone would be gold plated.
 
Ummmm but they are the same o_O (coming from a iPhone 6 Plus and 6s plus user)
Are you saying that the 6s line of iPhones doesn't have a newer and better CPU and GPU, or twice the RAM, or 3D Touch, or many other things that the 6 line of phone doesn't have? :confused:
 
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