Currently reading: US Tesla Model 3 customers asked for $2500 confirmation deposit
Deposit is paid when customers configure their cars - it could signpost a production breakthrough, but also a need for more cash
Jimi Beckwith
News
2 mins read
29 June 2018

All Tesla Model 3 customers in the US and Canada have been invited by the company to pay their $2500 (around £1900) confirmation deposits. 

Customers are usually invited to configure their car when their build slot approaches, and the $2500 deposit is paid at this stage. Now, reports the Detroit News, all US and Canada customers have been invited to pay the deposit and configure their cars. 

The move, which has prompted mixed reactions from analysts and critics, with suggestions that the production ramp-up means that the end of the wait is in sight for those having paid their deposits, along with the suggestion that it could be a fundraising exercise as the second quarter draws to a close.

The brand recently has ramped up Model 3 production on a third production line at its Fremont factory - the new line being a temporary structure that was set up in less than three weeks, according to boss Elon Musk

Production, according to Bloomberg, has hit 3400 units per week, but is short of the 5000 per week targeted. A Tesla spokesman said: "Tesla has always required this deposit for all of its vehicle orders, including Model S and Model X, given that we build cars to our customers’ specifications, and that the deposit goes towards the purchase price of the vehicle."

The temporary production facility has allowed Tesla to start building the first all-wheel drive versions of the Model 3. This variant is one of the last to be built due to the company’s production troubles, although production of the entry-level $35,000 car has not begun yet. 

It’s not yet known how long the temporary production line will be operational for or if it will be gradually converted into a full-time production line. 

Tesla’s other production facility in Nevada is planned to become the largest building in the world, Musk announced at the brand’s annual shareholder meeting, with large-scale developments planned over the next five years. 

This is likely due to the planned introduction of a C-segment hatchback model, which could become the brand’s best seller. It’s expected to be the cheapest car Tesla produces upon arrival, undercutting the $35,000 Model 3 to compete with the upcoming Volkswagen ID. The as-yet-unnamed hatchback will arrive within the next five years, Musk said. 

Musk plans more factories globally to meet growing demand in non-US markets, with the next Gigafactory almost certain to be set up in Shanghai, China. A European production facility has also long been planned but will not arrive before the Chinese plant. 

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nomayor 30 June 2018

Well,

The "temporary production line" can be seen in a leak on the web from a drone footage, where it is dubbed "the stone age of the automotive world".

In either case, Tesla is the creation of personallity-less people, whose sole intent in life is to be seen "in something different".

It has been operating since the day it was founded, without ever recording a profit. It is a typical example of the stock exchange madness where one doesn't by a 1% of a company because he looks forward to 1% of the company's earnings. Rather, the whole game is the price of the share itself.

At the same time, the US government just allows its cars to continue crashing. If it were about some toyota or some vw, it would have bombarded it with "investigations" and "probes". But then again, good ol' US of A allowed people to be killed in GM's cars for ten whole years, before it requested a recall for the faulty main ignition switch.

US: The country where people's life is absolutely nothing when compared to shareholders' interests.

xxxx 29 June 2018

Em

I suppose the definition of a Tesla basher is someone who writes a negative on every Tesla story/ review even if the story is saying the product is very good. 

There's a second group of people who just hate BEVs and vent their anger at Tesla, Luddites

typos1 30 June 2018

xxxx wrote:

xxxx wrote:

I suppose the definition of a Tesla basher is someone who writes a negative on every Tesla story/ review even if the story is saying the product is very good. 

There's a second group of people who just hate BEVs and vent their anger at Tesla, Luddites

Indeed, there is a second group of people who hate all BEVs, but these SHOULD NOT be confused with the people who arent anti BEV but make some criticism about Tesla. You are the opposite of the "Tesla Basher" - you wont hear a word said against Tesla, neither position is healthy - NO manufacturer or their product is beyond criticism.

xxxx 1 July 2018

There's a difference

typos1 wrote:

xxxx wrote:

I suppose the definition of a Tesla basher is someone who writes a negative on every Tesla story/ review even if the story is saying the product is very good. 

There's a second group of people who just hate BEVs and vent their anger at Tesla, Luddites

Indeed, there is a second group of people who hate all BEVs, but these SHOULD NOT be confused with the people who arent anti BEV but make some criticism about Tesla. You are the opposite of the "Tesla Basher" - you wont hear a word said against Tesla, neither position is healthy - NO manufacturer or their product is beyond criticism.

Never said they were beyond criticism, just maybe hateful criticism from stalkers like you.

Bill Lyons 29 June 2018

"Tesla is like a box of chocolates...

....you never know what batsh1t crazy schemes they're going to think of next."