Tesla opens the reservation valves Model 3 – TechCrunch



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Tesla opened the waiting valves of the Model 3 waiting list, inviting all reservation holders in the United States and Canada to order the electric sedan that is inextricably linked to its survival

and Canada can connect to the Tesla Web site and complete its order in the company's online design studio. Emails are gradually spreading to reservation holders.

Tesla will not disclose how many people in the United States and Canada made the $ 1,000 refundable deposit for Model 3. More than 450,000 people had reserves at the end of the first quarter, according to a letter from Shareholders published in May. The number of Canadian and American customers on the waiting list is certainly tens of thousands

Tesla at the crossroads

Tesla is at a critical juncture. The company has not been able to reach its production and delivery targets for Model 3 since its landmark event in July 2017 when CEO Elon Musk distributed the first vehicles to employees. Meanwhile, it is striving to resolve bottlenecks in production that is expected to propel Tesla from luxury electric car manufacturer to mass manufacturer – an essential piece of Musk's broader master plan to provide and sell a sustainable energy ecosystem of products, including solar panels and energy storage.

The stakes are high and the actions of Musk during the last months have a frenetic pace. The company recently erected a massive, two-pitch football pitch on the grounds of its Fremont, Calif. Plant, which houses a hastily-built assembly line for the Model 3.

Musk took to The problem of the model 3 of the company was unveiled in early October 2017, when he stated that he had produced only 260 of his new electric cars in the third quarter and delivered only 220. Production figures "

Now all eyes are turned to Musk while he's trying to reach his goal of producing 5,000 model 3 sedans week by the end of June. The company is expected to report production and delivery figures for the last quarter ending June 30th.

Three choices of model 3

Tesla focuses on the higher margin variants of model 3. On Wednesday, Tesla sent an e-mail to reservation holders presenting the new model 3 options, as well as remarkable price adjustments and delivery estimates.

The reservation holders can now choose from three versions of the model 3: the mile rear wheel drive, the two-engine full-range all-wheel drive or the performance variant. Delivery estimates will be shown to customers when making their choice and will depend on the date of their order and the configuration of the chosen vehicle.

Tesla also lowered prices for dual engine and performance variants. The new price will be retroactively applied to customers who have already placed their orders, according to the company. The Model 2 long-range two-engine battery now starts at $ 53,000, a $ 1,000 reduction. The base performance version is now sold for $ 64,000, down from $ 78,000, thanks to Tesla which has made many premium features available as an option. The performance upgrade package is an additional $ 5,000. High-end paint colors and a white interior each cost $ 1,500 more.

For those who are desperate for a Model 3, know that the best price is to choose the two-engine version. It is not by mistake that it is also the most expensive. Tesla estimates deliveries for this release in two to four months for the first reservation holders, according to a design studio review.

But for early booking holders, who were looking for the cheapest Tesla 3 model – a $ 35,000 version equipped with a standard 220-mile battery – the only one in the world. waiting only lasted three more months.

Deliveries of the standard battery version of model 3 will not begin until six to nine months for the first reservation holders. This means that a person who made a refundable deposit of $ 1,000 on March 31, 2016 might not get the standard model 3 battery until March 2019.

Keep in mind that this version of base is not yet available. The company said in its letter to the shareholders of the first quarter that it would begin to offer the base model with a standard size battery after reaching a production rate of 5,000 Model 3s per week.

A month ago, the Tesla Design Studio showed that standard Model 3 battery shipments (again for the first reservation holders) would begin at the end of 2018. (See the capture of Screen captured on May 25, 2018 below.)

Customers filing a deposit today, waiting is up to one year. And now that the waiting list is open, this delay could be much longer.

Tesla pushed back the delivery date of the base version of Model 3, mainly because it focused its efforts on higher margin versions. model 3. The bottlenecks in production have not helped. Tesla estimated in December that deliveries to early booking holders for the standard battery version would begin in early 2018.

For the most fervent fans of Tesla, three months might be acceptable, even with repeated delays. But browse social media and forums dedicated to Tesla owners (and potential) and it is clear that patience begins to decline for some. Other delays could entice people on the waiting list to finally ask for their deposit and turn to other automakers who are finally putting VEs on the market, especially if Tesla loses the credit Federal Government for Rechargeable Electric Vehicles.

sold in the United States are eligible for a full federal tax credit of up to $ 7,500. Once Tesla, or any other manufacturer in the world, sells his 200,000th vehicle to the United States, he begins to lose the $ 7,500 tax credit. The credit is not drawn immediately. The tax credit is made available until the end of the current quarter and continues until the next loan. From there, the credit decreases by 50% per vehicle for an additional six months. Credit continues to decline until it disappears completely.

Tesla is expected to reach this 200,000 mark by 2018.

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