They've already paused ordering on their site and redirected people to this page.
The other thing they've got going on is the $1B bond payment due on Friday. I've mentioned this a few times in that its convertible but options are only pricing in a move of up to 3% which won't get them near the strike price to convert their debt.
Rumors are being floated around of pre orders being announced for the model Y. I can't see preorders taking in anywhere near as much as the Model X preorders did for a few reasons.
1) Lost of overlap between the Model X and Model Y customers, and most of these people may have already bought a Model X.
2) Those that put down deposits for a Model X had long waits to get their deposit back or to get their car. We've seen wait times as short as 2 weeks to get your deposit back, a couple of months after the pre orders opened to more than a few months recently. I don't see near as many people rushing off to lock up their money for a couple of years minimum given how long the Model X pre orders forced people to wait.
Given that the Model X has really stretched the assembly lines its clear, at-least to me, that Tesla will need a new factory to build the Model Y because they can't afford to shut down lines at their current plant and shipping cars from the China factor seems not scale-able.
Assuming this is true Telsa will again be entering a bet the company situation like they did with the Model X. Hopefully they can work their way through it like they did with the Model X without burning out their workforce.
Other possible things that could be announced...
A new super charger design and build out would be nice but would make for a pretty underwhelming announcement given how much Tesla has built this up.
Also expecting an announcement on a lower end Model 3 but again given how much Tesla hyped this up, that would be a really yawner of an announcement as well.
Though to be fair, he made a huge deal about an announcement in 2015 and it turned out to be Ludicrous mode, so I guess we could be just waiting to be disappointed:(
Dark horse idea, Musk names someone else CEO but given how there is no leak about this I don't think its likely to happen.
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[ 2.7 ms ] story [ 30.5 ms ] threadThe other thing they've got going on is the $1B bond payment due on Friday. I've mentioned this a few times in that its convertible but options are only pricing in a move of up to 3% which won't get them near the strike price to convert their debt.
Rumors are being floated around of pre orders being announced for the model Y. I can't see preorders taking in anywhere near as much as the Model X preorders did for a few reasons.
1) Lost of overlap between the Model X and Model Y customers, and most of these people may have already bought a Model X.
2) Those that put down deposits for a Model X had long waits to get their deposit back or to get their car. We've seen wait times as short as 2 weeks to get your deposit back, a couple of months after the pre orders opened to more than a few months recently. I don't see near as many people rushing off to lock up their money for a couple of years minimum given how long the Model X pre orders forced people to wait.
Given that the Model X has really stretched the assembly lines its clear, at-least to me, that Tesla will need a new factory to build the Model Y because they can't afford to shut down lines at their current plant and shipping cars from the China factor seems not scale-able.
Assuming this is true Telsa will again be entering a bet the company situation like they did with the Model X. Hopefully they can work their way through it like they did with the Model X without burning out their workforce.
Other possible things that could be announced...
A new super charger design and build out would be nice but would make for a pretty underwhelming announcement given how much Tesla has built this up.
Also expecting an announcement on a lower end Model 3 but again given how much Tesla hyped this up, that would be a really yawner of an announcement as well.
Though to be fair, he made a huge deal about an announcement in 2015 and it turned out to be Ludicrous mode, so I guess we could be just waiting to be disappointed:(
Dark horse idea, Musk names someone else CEO but given how there is no leak about this I don't think its likely to happen.
Monday, the SEC asked a judge to hold Musk in contempt of court for his tweets.
Today, Tesla stock closed at $319, up 8% from immediately before the SEC action.