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Hardware 3.0 is coming next year with 10X processing power! From Elon on the conference call just now My undelivered car will be significantly out of date in a year. They are claiming 10X processing power. Fortunately it is backwards compatible with hardware 2.0 2.5!! you can just plug in the new computer They claim that their ground up approach to neural network is helping tremendously. They did not talk about cost so who knows on that. I expect that anyone that pays for full self driving will get the upgrade for free later... Elon did claim that the computer cost about the same as the current generation.
it can process 2000 full resolution frames per second in their own neural networks with redundancy included 8 cameras at 60 fps produce less than 1 3 of this limit amazing
Did they give a timeframe for the hardware?
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Hardware 3.0 is coming next year with 10X processing power! From Elon on the conference call just now My undelivered car will be significantly out of date in a year. They are claiming 10X processing power. Fortunately it is backwards compatible with hardware 2.0 2.5!! you can just plug in the new computer They claim that their ground up approach to neural network is helping tremendously. They did not talk about cost so who knows on that. I expect that anyone that pays for full self driving will get the upgrade for free later... Elon did claim that the computer cost about the same as the current generation.
it can process 2000 full resolution frames per second in their own neural networks with redundancy included 8 cameras at 60 fps produce less than 1 3 of this limit amazing
Hopefully it s in time for the beginning of the RHD production!
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Top 5 trade ins for Model 3 for Jan 2018 to Jun 2018 (2nd submission) From the Q2 conference call today we got the list below: Top 5 trade ins for model 3 for Jan 2018 to Jun 2018 * Toyota Prius * BMW 3 series * Honda Accord * Honda Civic * Nissan Leaf and that is before the $35 000 config is available. Surprise for all those that thought only luxury car owners would jump in and buy at $50 000 levels. Not a huge surprise to me as someone who has owned both a Prius and Leaf and have wanted something better.
Many of those owners are responsible adults that could easily “afford” a more expensive car just too cheap to splurge...until something like a Tesla Model 3 comes along to tickle our itch.
What happened to all the Corolla owners though! (disclaimer am a corolla owner)
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Top 5 trade ins for Model 3 for Jan 2018 to Jun 2018 (2nd submission) From the Q2 conference call today we got the list below: Top 5 trade ins for model 3 for Jan 2018 to Jun 2018 * Toyota Prius * BMW 3 series * Honda Accord * Honda Civic * Nissan Leaf and that is before the $35 000 config is available. Surprise for all those that thought only luxury car owners would jump in and buy at $50 000 levels. Not a huge surprise to me as someone who has owned both a Prius and Leaf and have wanted something better.
Many of those owners are responsible adults that could easily “afford” a more expensive car just too cheap to splurge...until something like a Tesla Model 3 comes along to tickle our itch.
I m half tempted to trade in my Tocoma for one because I really want the performance model.
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Top 5 trade ins for Model 3 for Jan 2018 to Jun 2018 (2nd submission) From the Q2 conference call today we got the list below: Top 5 trade ins for model 3 for Jan 2018 to Jun 2018 * Toyota Prius * BMW 3 series * Honda Accord * Honda Civic * Nissan Leaf and that is before the $35 000 config is available. Surprise for all those that thought only luxury car owners would jump in and buy at $50 000 levels. Not a huge surprise to me as someone who has owned both a Prius and Leaf and have wanted something better.
Many of those owners are responsible adults that could easily “afford” a more expensive car just too cheap to splurge...until something like a Tesla Model 3 comes along to tickle our itch.
last vehicle was an f150 next would have been probably a midsize pickup. opted for model 3 instead
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At first I didn t think 2000fps would be an improvement over 200fps but then I realized... **Sorry for the click-bait title.** On the Investor call on 8 1 the AP hardware team bragged about drop in replacement hardware that could provide an order of magnitude better frame-rate capabilities for existing and new AP 2.0 2.5 cars. They specifically said this hardware would reach 2000fps while existing AP hardware only does 200fps. I understand that humans drive vehicles with varying degrees of success with an effective framerate of 60-300fps. Initially I thought FPS is not the bottleneck. I wasn t convinced that this change would lead to a rapid improvement in AP capabilities. # Then I remembered there are 8 cameras in the AP 2.0 2.5 HW suite. 200fps 8 cameras = 25 frames per camera per second 2000fps 8cameras = 250 frames per camera per second Obviously there are more dimensions to consider in regards to AP performance. For the time being I ve been able to convince myself that this is a valuable development.
From watching Karpathy s lecture on Neural networks I gathered that one of the difficulties with NN s is that adding complexity to the problem exponentially increases the NN. Sort of like roots on a tree. Obviously Tesla AI team saw there was a hardware bottleneck coming and got ahead of it. Really forward thinking on their part now the software can catch up to the hardware rather than the other way around.
The human eye can supposedly theoretically see more than 1000fps so yes....if the HW suite will now be able to potentially process images \\~2x faster than the human eye AND get the vehicle to react to what it sees this will be a huge moment in making autonomous driving safer than its human equivalent.
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At first I didn t think 2000fps would be an improvement over 200fps but then I realized... **Sorry for the click-bait title.** On the Investor call on 8 1 the AP hardware team bragged about drop in replacement hardware that could provide an order of magnitude better frame-rate capabilities for existing and new AP 2.0 2.5 cars. They specifically said this hardware would reach 2000fps while existing AP hardware only does 200fps. I understand that humans drive vehicles with varying degrees of success with an effective framerate of 60-300fps. Initially I thought FPS is not the bottleneck. I wasn t convinced that this change would lead to a rapid improvement in AP capabilities. # Then I remembered there are 8 cameras in the AP 2.0 2.5 HW suite. 200fps 8 cameras = 25 frames per camera per second 2000fps 8cameras = 250 frames per camera per second Obviously there are more dimensions to consider in regards to AP performance. For the time being I ve been able to convince myself that this is a valuable development.
it s not realistic to expect them to actually process that many frames per second. the advantage is that they can increase the complexity of the neural network. even with current state of their hardware they have significant idle cycles where no processing is being done. this new hardware will ensure that s the case even as the network processing requirements grow. if i give you 10 coins each second and ask you to sort them by type and you can do a maximum of 20 coins per second then you can keep up. if I now ask you to sort them by type and date that s a much more difficult and time consuming task and will lower your ability to complete the task before I give you new coins to sort. it doesn t matter the actual fps numbers because that s not how many frames they plan to process. what matters is the increased idle time of the processor meaning they can throw new tasks at it easily without worrying too much about overloading the processing capabilities.
The human eye can supposedly theoretically see more than 1000fps so yes....if the HW suite will now be able to potentially process images \\~2x faster than the human eye AND get the vehicle to react to what it sees this will be a huge moment in making autonomous driving safer than its human equivalent.
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At first I didn t think 2000fps would be an improvement over 200fps but then I realized... **Sorry for the click-bait title.** On the Investor call on 8 1 the AP hardware team bragged about drop in replacement hardware that could provide an order of magnitude better frame-rate capabilities for existing and new AP 2.0 2.5 cars. They specifically said this hardware would reach 2000fps while existing AP hardware only does 200fps. I understand that humans drive vehicles with varying degrees of success with an effective framerate of 60-300fps. Initially I thought FPS is not the bottleneck. I wasn t convinced that this change would lead to a rapid improvement in AP capabilities. # Then I remembered there are 8 cameras in the AP 2.0 2.5 HW suite. 200fps 8 cameras = 25 frames per camera per second 2000fps 8cameras = 250 frames per camera per second Obviously there are more dimensions to consider in regards to AP performance. For the time being I ve been able to convince myself that this is a valuable development.
it s not realistic to expect them to actually process that many frames per second. the advantage is that they can increase the complexity of the neural network. even with current state of their hardware they have significant idle cycles where no processing is being done. this new hardware will ensure that s the case even as the network processing requirements grow. if i give you 10 coins each second and ask you to sort them by type and you can do a maximum of 20 coins per second then you can keep up. if I now ask you to sort them by type and date that s a much more difficult and time consuming task and will lower your ability to complete the task before I give you new coins to sort. it doesn t matter the actual fps numbers because that s not how many frames they plan to process. what matters is the increased idle time of the processor meaning they can throw new tasks at it easily without worrying too much about overloading the processing capabilities.
AFAIK humans can have an effective frame rate of [75-77 fps](http: news.mit.edu 2014 in-the-blink-of-an-eye-0116) not sure if there s any more current research and also this is likely where the fovea is focused on so that s only a 2 degree FOV.
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Please share some of your quality Model 3 accessories! What are some accessories you have for the Model 3? So far I ve seen the following: 1. [center console wrap](https: www.amazon.com Kenriko-Tesla-Model-Matte-Console dp B07CZL8ZR5) 2. [floor mats](https: www.partcatalog.com maxpider-kagu-rubber-floor-mats.html?basevehicle=145153&amp #productline-options) 3. [metallic pedal covers](https: www.ebay.com itm 2pcs-Aluminum-Non-Slip-Performance-Foot-Pedal-Pads-for-Tesla-Model-S-and-Model-X 142523212987?ssPageName=STRK%3AMEBIDX%3AIT&amp _trksid=p2057872.m2749.l2649) Anything else? Thank you! edit: spelling!
Here someone did a Google Sheet for that [Tesla Model 3 Must Have and Nice to Have Accessories](https: docs.google.com spreadsheets d 1654H7GQK0fNVLdYJxmh00kt3Hv248IJRzm0LsFsQvIc edit#gid=0)
The console wrap also has a door kit if you d like to cover that as well.
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Model 3 AWD 0-60 runs!! (non-performance) Hey All Coming through on my promise I did some 0-60 runs in my Model 3 AWD (non-performance) today! I m definitely not a professional editor (or driver) I just threw something together for you all. No VBox or anything scientific I just frame timed the runs in the editing software while still at 0mph and the car first began lurching forward. Hopefully that is the legit way to do it I wasn t trying to do anything devious. Here is the video: [https: www.youtube.com watch?v=RsDxRW17poE](https: www.youtube.com watch?v=RsDxRW17poE) Times for those that want spoilers: &gt !First run was 4.68 seconds Second run was 4.33 seconds.!&lt Sorry for the bad audio I didn t expect a glass roof mounted GoPro to pick up as much road noise through vibration as it did. Not sure why the first run was so slow but the 2nd felt great much better! Maybe the car warmed up more as I drove it a bit? These were done at 80% charge no AC on windows up etc. I have the 18 aero wheels and Michelin Primacy tires for reference as well. To me I don t feel any lag delay in the 0-20 and if you watch the video it seems to accelerate pretty evenly from 0-30 as it does from 30-60. Please let me know if you have any questions related to this or anything else with the Model 3 AWD I d be happy to reply AMA style here if you need any specifics. Edit: My apologies for the location I will pick a better spot next time. Also apparently I need to try with Slip Start on in a future run.
Super cool you did these and glad to see the AWD is so fast!! But don t be an ass doing 0-60 runs in a neighborhood next to a park. Kids are stupid and it s really easy for somebody to think they d have time to cross the street not knowing you re accelerating like that.
Thank you!
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Model 3 AWD 0-60 runs!! (non-performance) Hey All Coming through on my promise I did some 0-60 runs in my Model 3 AWD (non-performance) today! I m definitely not a professional editor (or driver) I just threw something together for you all. No VBox or anything scientific I just frame timed the runs in the editing software while still at 0mph and the car first began lurching forward. Hopefully that is the legit way to do it I wasn t trying to do anything devious. Here is the video: [https: www.youtube.com watch?v=RsDxRW17poE](https: www.youtube.com watch?v=RsDxRW17poE) Times for those that want spoilers: &gt !First run was 4.68 seconds Second run was 4.33 seconds.!&lt Sorry for the bad audio I didn t expect a glass roof mounted GoPro to pick up as much road noise through vibration as it did. Not sure why the first run was so slow but the 2nd felt great much better! Maybe the car warmed up more as I drove it a bit? These were done at 80% charge no AC on windows up etc. I have the 18 aero wheels and Michelin Primacy tires for reference as well. To me I don t feel any lag delay in the 0-20 and if you watch the video it seems to accelerate pretty evenly from 0-30 as it does from 30-60. Please let me know if you have any questions related to this or anything else with the Model 3 AWD I d be happy to reply AMA style here if you need any specifics. Edit: My apologies for the location I will pick a better spot next time. Also apparently I need to try with Slip Start on in a future run.
Super cool you did these and glad to see the AWD is so fast!! But don t be an ass doing 0-60 runs in a neighborhood next to a park. Kids are stupid and it s really easy for somebody to think they d have time to cross the street not knowing you re accelerating like that.
Alright so what are the odds that 4 18 tires have traction limit?
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Model 3 AWD 0-60 runs!! (non-performance) Hey All Coming through on my promise I did some 0-60 runs in my Model 3 AWD (non-performance) today! I m definitely not a professional editor (or driver) I just threw something together for you all. No VBox or anything scientific I just frame timed the runs in the editing software while still at 0mph and the car first began lurching forward. Hopefully that is the legit way to do it I wasn t trying to do anything devious. Here is the video: [https: www.youtube.com watch?v=RsDxRW17poE](https: www.youtube.com watch?v=RsDxRW17poE) Times for those that want spoilers: &gt !First run was 4.68 seconds Second run was 4.33 seconds.!&lt Sorry for the bad audio I didn t expect a glass roof mounted GoPro to pick up as much road noise through vibration as it did. Not sure why the first run was so slow but the 2nd felt great much better! Maybe the car warmed up more as I drove it a bit? These were done at 80% charge no AC on windows up etc. I have the 18 aero wheels and Michelin Primacy tires for reference as well. To me I don t feel any lag delay in the 0-20 and if you watch the video it seems to accelerate pretty evenly from 0-30 as it does from 30-60. Please let me know if you have any questions related to this or anything else with the Model 3 AWD I d be happy to reply AMA style here if you need any specifics. Edit: My apologies for the location I will pick a better spot next time. Also apparently I need to try with Slip Start on in a future run.
Super cool you did these and glad to see the AWD is so fast!! But don t be an ass doing 0-60 runs in a neighborhood next to a park. Kids are stupid and it s really easy for somebody to think they d have time to cross the street not knowing you re accelerating like that.
sweet!~ I don t feel bad about getting non-P AWD anymore
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[Discussion] 100 Amp vs 200 Amp panel Hi all I ll be getting a new panel installed in my home (reasons unrelated to an electric vehicle purchase) and the contractor quoted me an extra 1k for a 200 Amp panel. It s a pretty modest 1k sq foot home - gas water heater gas clothes drier gas stove oven - and I wasn t clear on whether I should go for 200 Amp to future proof it. Does anyone get by with 100 Amp and feel content? I am planning on purchasing a Tesla at some point in the near-ish future and am not super clear on whether or not I d regret not dropping the extra 1k for a bigger panel. Would love to hear your experiences. Thank you! EDIT: Thanks for all of the thoughts. We haggled em down a bit and wound up confirming the 200A work. Better safe than sorry with both solar panels and an EV in our future. Ya ll are super helpful. Hopefully I can have a fancy car like ya ll soon enough too.
The difference in parts cost between the two is a lot less than $1K. Tell them that they re breaking your balls.
200 amp if you can afford it. Oven + AC + Tesla would mean you re drawing too much otherwise. I see now most of your utilities are gas. Still 100A is pretty small. But maybe then it s doable.
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Model 3 Summon feature is amazing. Today I was leaving an event and I opened up the app as I approached my Tesla. It said the internal temp was 103 degrees and I quickly turned on the AC. I saw another car was parked pretty close to the driver side door so I summoned it back as I walked up and it worked perfectly allowing me to effortlessly enter vehicle while confusing a few onlookers. It truly felt like I had a car from the future. Definitely worth EAP if you re on the fence.
TBH it s probably the one thing I do when showing off the car that make people gasp lol.
I m glad I have it but I m really eager for them to make it not rely on the internet and to use BT instead. Also we are still missing the “double tap the park button pick a direction and get out” function to have it pull into a narrow spot after you exit.
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Model 3 Summon feature is amazing. Today I was leaving an event and I opened up the app as I approached my Tesla. It said the internal temp was 103 degrees and I quickly turned on the AC. I saw another car was parked pretty close to the driver side door so I summoned it back as I walked up and it worked perfectly allowing me to effortlessly enter vehicle while confusing a few onlookers. It truly felt like I had a car from the future. Definitely worth EAP if you re on the fence.
TBH it s probably the one thing I do when showing off the car that make people gasp lol.
it s nice but it has its moments. sometimes it ll want to randomly turn the wheels and go right towards the corner of the opening of my garage. sometimes I ll start the summon and it ll be all naw and just shut down. sometimes it will start backing out of my garage and then will stop despite having clearance on both sides (it s a tight garage opening so I guess I m happy it doesn t hit the sides despite me seeing that it will be fine)
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Model 3 Summon feature is amazing. Today I was leaving an event and I opened up the app as I approached my Tesla. It said the internal temp was 103 degrees and I quickly turned on the AC. I saw another car was parked pretty close to the driver side door so I summoned it back as I walked up and it worked perfectly allowing me to effortlessly enter vehicle while confusing a few onlookers. It truly felt like I had a car from the future. Definitely worth EAP if you re on the fence.
Stop rubbing it in! I m still stuck on 21.9 :(
Hope mine delivers soon dude I wanna use that in my school lot my local college parking lot is so crammed the spaces are tiny...
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[Discussion] What are the small things about your car that quietly impress you? Sure we all know Tesla automobiles have incredible capabilities like autopilot and “take your breath away” acceleration but sometimes it is the little things that make your day. My example is after having the car a week I noticed that the map shows the name of the road I m driving on at the bottom of the display (and it moves up to remain visible is the “small” music pop up window is showing.) What impresses you?
Highly useful feature I ve never had before but never want to go without? Brake hold.
The 3 on the speedometer is the same stylized iconic 3 they ve used to tease the car since 2015.
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[Discussion] What are the small things about your car that quietly impress you? Sure we all know Tesla automobiles have incredible capabilities like autopilot and “take your breath away” acceleration but sometimes it is the little things that make your day. My example is after having the car a week I noticed that the map shows the name of the road I m driving on at the bottom of the display (and it moves up to remain visible is the “small” music pop up window is showing.) What impresses you?
Highly useful feature I ve never had before but never want to go without? Brake hold.
The curved sun visor and the Velcro on the seatbelt lock to prevent it from scratching.
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[Discussion] What are the small things about your car that quietly impress you? Sure we all know Tesla automobiles have incredible capabilities like autopilot and “take your breath away” acceleration but sometimes it is the little things that make your day. My example is after having the car a week I noticed that the map shows the name of the road I m driving on at the bottom of the display (and it moves up to remain visible is the “small” music pop up window is showing.) What impresses you?
Highly useful feature I ve never had before but never want to go without? Brake hold.
I love the auto climate setting. Its great to have it auto toggle the rear vents based on whether my kids are in the back seats.
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69y o Dad who never cared about cars meets my Model 3 I am still in awe of this story. For the 2.5 years I had my reservation my Dad has been so dismissive about Tesla never even wanting to hear about the benefits so I quickly gave up the topic. He s a “as long as it gets me from A to B” kind of guy who buys GM sedans out of habit and drives them for about 8 years. He also couldn t care less about acceleration or advanced features. To give you some perspective he still refuses to upgrade his iPhone 4S. BUT when I showed him my Model 3 for the first time he was extremely intrigued. I am the type of Tesla owner that can talk about the car nonstop for hours so I consciously try to not talk about it unless someone else brings up Tesla to discuss. From the moment he saw it my Dad would not stop asking questions amazed at the ideal answers I had to each of his questions. The lifespan of the battery total cost of ownership speed of supercharging regenerative braking safety features OTA updates tech etc. It was amazing watching this NON-car guy go from curiosity to obsessed. Fast forward ONE WEEK later he is seriously considering trading in a 9 year old Buick for a dual motor Model 3 with EAP. He actually told me he thinks he can get delivery in 2018 if he places his order in the next couple of weeks so he can get the full $7500 credit. The point of my post is that it was amazing seeing a man who NEVER CARED about cars become obsessed with the Model 3. I was optimistic before I got my 3 but now I totally get why people say this is the auto industry s iPhone moment.
&gt The point of my post is that it was amazing seeing a man who NEVER CARED about cars become obsessed with the Model 3. I was optimistic before I got my 3 but now I totally get why people say this is the auto industry s iPhone moment. That s a good point but for me the fact that you had the opportunity to share your passion with your father (after initially giving up) bonding together was much more pleasing to read. I m happy for you.
Nice story. Thanks for the share.
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69y o Dad who never cared about cars meets my Model 3 I am still in awe of this story. For the 2.5 years I had my reservation my Dad has been so dismissive about Tesla never even wanting to hear about the benefits so I quickly gave up the topic. He s a “as long as it gets me from A to B” kind of guy who buys GM sedans out of habit and drives them for about 8 years. He also couldn t care less about acceleration or advanced features. To give you some perspective he still refuses to upgrade his iPhone 4S. BUT when I showed him my Model 3 for the first time he was extremely intrigued. I am the type of Tesla owner that can talk about the car nonstop for hours so I consciously try to not talk about it unless someone else brings up Tesla to discuss. From the moment he saw it my Dad would not stop asking questions amazed at the ideal answers I had to each of his questions. The lifespan of the battery total cost of ownership speed of supercharging regenerative braking safety features OTA updates tech etc. It was amazing watching this NON-car guy go from curiosity to obsessed. Fast forward ONE WEEK later he is seriously considering trading in a 9 year old Buick for a dual motor Model 3 with EAP. He actually told me he thinks he can get delivery in 2018 if he places his order in the next couple of weeks so he can get the full $7500 credit. The point of my post is that it was amazing seeing a man who NEVER CARED about cars become obsessed with the Model 3. I was optimistic before I got my 3 but now I totally get why people say this is the auto industry s iPhone moment.
&gt The point of my post is that it was amazing seeing a man who NEVER CARED about cars become obsessed with the Model 3. I was optimistic before I got my 3 but now I totally get why people say this is the auto industry s iPhone moment. That s a good point but for me the fact that you had the opportunity to share your passion with your father (after initially giving up) bonding together was much more pleasing to read. I m happy for you.
That s awesome! And Congratulations on your Model 3!
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69y o Dad who never cared about cars meets my Model 3 I am still in awe of this story. For the 2.5 years I had my reservation my Dad has been so dismissive about Tesla never even wanting to hear about the benefits so I quickly gave up the topic. He s a “as long as it gets me from A to B” kind of guy who buys GM sedans out of habit and drives them for about 8 years. He also couldn t care less about acceleration or advanced features. To give you some perspective he still refuses to upgrade his iPhone 4S. BUT when I showed him my Model 3 for the first time he was extremely intrigued. I am the type of Tesla owner that can talk about the car nonstop for hours so I consciously try to not talk about it unless someone else brings up Tesla to discuss. From the moment he saw it my Dad would not stop asking questions amazed at the ideal answers I had to each of his questions. The lifespan of the battery total cost of ownership speed of supercharging regenerative braking safety features OTA updates tech etc. It was amazing watching this NON-car guy go from curiosity to obsessed. Fast forward ONE WEEK later he is seriously considering trading in a 9 year old Buick for a dual motor Model 3 with EAP. He actually told me he thinks he can get delivery in 2018 if he places his order in the next couple of weeks so he can get the full $7500 credit. The point of my post is that it was amazing seeing a man who NEVER CARED about cars become obsessed with the Model 3. I was optimistic before I got my 3 but now I totally get why people say this is the auto industry s iPhone moment.
&gt The point of my post is that it was amazing seeing a man who NEVER CARED about cars become obsessed with the Model 3. I was optimistic before I got my 3 but now I totally get why people say this is the auto industry s iPhone moment. That s a good point but for me the fact that you had the opportunity to share your passion with your father (after initially giving up) bonding together was much more pleasing to read. I m happy for you.
And that s why demand for Model 3 is going to stay high. As soon as people get a ride in it they understand fully electric cars. I took my neighbors on a drive demonstrating all the different features and they fell in love with it.
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$TSLA Daily Investor Discussion - August 06 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Redditors I would like to apologize for my doubting. I never believed that Tesla could make it. I thought for sure their losses would get to them but it appears that I was wrong. I am sorry. Based upon last quarter s performance and their increasing revenue and ability to float their payables to suppliers I can now see that Tesla will survive to fight for many more days. As they survive longer and longer it also appears that people will be more likely to lend them the capital they need to continue to grow. I used to be certain that they would be bankrupt soon but now I can see that this is not the case. It is rare to see an apology here but I m writing one. I am sorry that I have doubted that Tesla would survive.
Opening down? Just call me Nostrostockmas.
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$TSLA Daily Investor Discussion - August 06 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Redditors I would like to apologize for my doubting. I never believed that Tesla could make it. I thought for sure their losses would get to them but it appears that I was wrong. I am sorry. Based upon last quarter s performance and their increasing revenue and ability to float their payables to suppliers I can now see that Tesla will survive to fight for many more days. As they survive longer and longer it also appears that people will be more likely to lend them the capital they need to continue to grow. I used to be certain that they would be bankrupt soon but now I can see that this is not the case. It is rare to see an apology here but I m writing one. I am sorry that I have doubted that Tesla would survive.
Wheee someone needs to make the bitcoin rollercoaster gif but with a Tesla.
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$TSLA Daily Investor Discussion - August 06 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Redditors I would like to apologize for my doubting. I never believed that Tesla could make it. I thought for sure their losses would get to them but it appears that I was wrong. I am sorry. Based upon last quarter s performance and their increasing revenue and ability to float their payables to suppliers I can now see that Tesla will survive to fight for many more days. As they survive longer and longer it also appears that people will be more likely to lend them the capital they need to continue to grow. I used to be certain that they would be bankrupt soon but now I can see that this is not the case. It is rare to see an apology here but I m writing one. I am sorry that I have doubted that Tesla would survive.
Curious wording in the 10-Q: &gt We produced ***more than*** 5 000 Model 3 vehicles during the last week of June 2018 and repeated the production of ***approximately*** 5 000 Model 3 vehicles in a week multiple times during July 2018. Hmm... Also capex isn t going down as suggested on the call. Keeping the run-rate of roughly $2.5 billion per year to June 2019. &gt **At this stage we are expecting total 2018 capital expenditures to be slightly below $2.5 billion.** Ultimately our capital expenditures will develop in line with Model 3 production our profitability and our operating cash generation. We continually evaluate our capital expenditure needs and may raise additional capital to fund the rapid growth of our business. &gt **For the twelve-month period ending June 30 2019 we expect total capital expenditures to be approximately $2.5 billion** Despite all the noise about the Australia project the 10-Q reveals they didn t make any money on it. &gt The increase in Powerpack revenue was significant in the six months ended June 30 2018 compared to the same period in the prior year due to **$72.5 million recognized in the first quarter of 2018 related to the South Australia battery project.** &gt The increase in Powerpack cost of revenue was significant in the six months ended June 30 2018 compared to the same period in the prior year due to the **$72.5 million cost of the South Australia battery project recorded in the first quarter of 2018.**
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The case for Tesla Long Tesla is a potential monster. They have phenomenal demand that comes at near 0 marketing (P&amp L Cost of Sale is 0). They have a pre-Iphone Apple product roadmap that has the potential to take the world by storm. (Model Y Roadster Semi Solar Storage Electric Plane?) They ve gone from a shitty business plan (roadster conversion of Toyata Elise) to 350k+ cars a year with potentially 20%+ margin in 15 years! and that s all in the rear-view mirror. They have their pick of the top engineering talent out of all top Universities in America certainly and closing in on world-wide combined with a CEO that gets more out of his employees then any other CEO on the planet (on top of that historically Elon s personal HR ability in finding + recruiting top talent is up there with the best). They re still as nimble as a start-up while operating at scale (Tent constant end-product improvements manufacturing line improvements). This causes short term execution issues for sure but the advantages gained from how fast they move blow this away long term. They can execute on their current insane growth plan without raising any new outside capital. Limited by what they can actually achieve in that time frame with human resource and focus and not by cash available. An insane position to be in for any company. They re operating in an emerging market in it s infancy and are market-leading in current tech and R&amp D (sustainable electrification of global energy + transport grid). If that s not a recipe for success I don t what is. Governments are only starting to get an appreciation for how important sustainable energy production + use really is this will only go one way. Support from governments should only increase for the next decade and even without this their business model holds up. What was always scary about SpaceX 2-3 years ago wasn t what they d achieved but how fast they moved. They were catching up caught up with competitors and the gap has been widening ever since. What takes other companies 10 years SpaceX could do in 2 with significantly better CapEx efficiency. (Look at what SpaceX has achieved for $ invested vs any other space agency company and it s a joke) Tesla is in a similar position position to capitalise on the the largest transition human civilisation has ever seen (moving to a sustainable future). Their cash-burn has been horrid but including in those numbers beyond production ramp service centers superchargers is the R&amp D behind to 3 phenominal vehicles (S3X) + prototype production of roadster + semi. Commitment and technology seen from the other automative giants has been less then impressive so far. They re showing a huge reluctance to move at the speed of Tesla. I ve not even touched on the Autonomous section. Everything that made Apple great for the last 10 years the love from the fan-base even when other companies caught up on tech the impressive product road map the growth potential from emerging markets.... all this lead to the world s first trillion dollar company and modern day Apple is a shadow of it s former self under jobs. And similarities aside I could name so many factors that give Tesla a bigger potential. I m not saying it s the best idea to be long TSLA stock for sure by most sane metrics they re overvalued but why the fuck would you be short.
I m not remotely a car enthusiast and would never dream of buying a premium vehicle of any description. Historically I ve thought of cars as a necessary evil and spent as little as possible. I can afford a new BMW Mercedes Audi or similar but think of them as stupid status symbols. I ve never envied anyone that owns one. But Tesla is different. I love their vision and mission. It s something I want to get behind and support. Bottom line is they re the only car I ve ever really wanted and I m happy to stump up for a Model 3LR which will meet my needs perfectly. It wouldn t matter how fucking wonderful a competing manufacturers car is I d still buy a Tesla. Until another manufacturer comes along that has utterly rejected ICE as a means of propulsion there is no competition to Tesla imo. I m sure I m not alone in my thinking.
What I find compelling is that what Tesla has done is imagine what the most likely and logical distant future for what transportation will be and invested big in making it happen sooner (to their own benefit and market share). The capital outlay for an established automotive company to have done this would have been far too risky and frankly irresponsible.
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The case for Tesla Long Tesla is a potential monster. They have phenomenal demand that comes at near 0 marketing (P&amp L Cost of Sale is 0). They have a pre-Iphone Apple product roadmap that has the potential to take the world by storm. (Model Y Roadster Semi Solar Storage Electric Plane?) They ve gone from a shitty business plan (roadster conversion of Toyata Elise) to 350k+ cars a year with potentially 20%+ margin in 15 years! and that s all in the rear-view mirror. They have their pick of the top engineering talent out of all top Universities in America certainly and closing in on world-wide combined with a CEO that gets more out of his employees then any other CEO on the planet (on top of that historically Elon s personal HR ability in finding + recruiting top talent is up there with the best). They re still as nimble as a start-up while operating at scale (Tent constant end-product improvements manufacturing line improvements). This causes short term execution issues for sure but the advantages gained from how fast they move blow this away long term. They can execute on their current insane growth plan without raising any new outside capital. Limited by what they can actually achieve in that time frame with human resource and focus and not by cash available. An insane position to be in for any company. They re operating in an emerging market in it s infancy and are market-leading in current tech and R&amp D (sustainable electrification of global energy + transport grid). If that s not a recipe for success I don t what is. Governments are only starting to get an appreciation for how important sustainable energy production + use really is this will only go one way. Support from governments should only increase for the next decade and even without this their business model holds up. What was always scary about SpaceX 2-3 years ago wasn t what they d achieved but how fast they moved. They were catching up caught up with competitors and the gap has been widening ever since. What takes other companies 10 years SpaceX could do in 2 with significantly better CapEx efficiency. (Look at what SpaceX has achieved for $ invested vs any other space agency company and it s a joke) Tesla is in a similar position position to capitalise on the the largest transition human civilisation has ever seen (moving to a sustainable future). Their cash-burn has been horrid but including in those numbers beyond production ramp service centers superchargers is the R&amp D behind to 3 phenominal vehicles (S3X) + prototype production of roadster + semi. Commitment and technology seen from the other automative giants has been less then impressive so far. They re showing a huge reluctance to move at the speed of Tesla. I ve not even touched on the Autonomous section. Everything that made Apple great for the last 10 years the love from the fan-base even when other companies caught up on tech the impressive product road map the growth potential from emerging markets.... all this lead to the world s first trillion dollar company and modern day Apple is a shadow of it s former self under jobs. And similarities aside I could name so many factors that give Tesla a bigger potential. I m not saying it s the best idea to be long TSLA stock for sure by most sane metrics they re overvalued but why the fuck would you be short.
I m not remotely a car enthusiast and would never dream of buying a premium vehicle of any description. Historically I ve thought of cars as a necessary evil and spent as little as possible. I can afford a new BMW Mercedes Audi or similar but think of them as stupid status symbols. I ve never envied anyone that owns one. But Tesla is different. I love their vision and mission. It s something I want to get behind and support. Bottom line is they re the only car I ve ever really wanted and I m happy to stump up for a Model 3LR which will meet my needs perfectly. It wouldn t matter how fucking wonderful a competing manufacturers car is I d still buy a Tesla. Until another manufacturer comes along that has utterly rejected ICE as a means of propulsion there is no competition to Tesla imo. I m sure I m not alone in my thinking.
I don t own a Tesla and I have downloaded the owners app on my phone even though I can t log on and do shit. If that doesn t tell you how strong their brand is...
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The case for Tesla Long Tesla is a potential monster. They have phenomenal demand that comes at near 0 marketing (P&amp L Cost of Sale is 0). They have a pre-Iphone Apple product roadmap that has the potential to take the world by storm. (Model Y Roadster Semi Solar Storage Electric Plane?) They ve gone from a shitty business plan (roadster conversion of Toyata Elise) to 350k+ cars a year with potentially 20%+ margin in 15 years! and that s all in the rear-view mirror. They have their pick of the top engineering talent out of all top Universities in America certainly and closing in on world-wide combined with a CEO that gets more out of his employees then any other CEO on the planet (on top of that historically Elon s personal HR ability in finding + recruiting top talent is up there with the best). They re still as nimble as a start-up while operating at scale (Tent constant end-product improvements manufacturing line improvements). This causes short term execution issues for sure but the advantages gained from how fast they move blow this away long term. They can execute on their current insane growth plan without raising any new outside capital. Limited by what they can actually achieve in that time frame with human resource and focus and not by cash available. An insane position to be in for any company. They re operating in an emerging market in it s infancy and are market-leading in current tech and R&amp D (sustainable electrification of global energy + transport grid). If that s not a recipe for success I don t what is. Governments are only starting to get an appreciation for how important sustainable energy production + use really is this will only go one way. Support from governments should only increase for the next decade and even without this their business model holds up. What was always scary about SpaceX 2-3 years ago wasn t what they d achieved but how fast they moved. They were catching up caught up with competitors and the gap has been widening ever since. What takes other companies 10 years SpaceX could do in 2 with significantly better CapEx efficiency. (Look at what SpaceX has achieved for $ invested vs any other space agency company and it s a joke) Tesla is in a similar position position to capitalise on the the largest transition human civilisation has ever seen (moving to a sustainable future). Their cash-burn has been horrid but including in those numbers beyond production ramp service centers superchargers is the R&amp D behind to 3 phenominal vehicles (S3X) + prototype production of roadster + semi. Commitment and technology seen from the other automative giants has been less then impressive so far. They re showing a huge reluctance to move at the speed of Tesla. I ve not even touched on the Autonomous section. Everything that made Apple great for the last 10 years the love from the fan-base even when other companies caught up on tech the impressive product road map the growth potential from emerging markets.... all this lead to the world s first trillion dollar company and modern day Apple is a shadow of it s former self under jobs. And similarities aside I could name so many factors that give Tesla a bigger potential. I m not saying it s the best idea to be long TSLA stock for sure by most sane metrics they re overvalued but why the fuck would you be short.
I m not remotely a car enthusiast and would never dream of buying a premium vehicle of any description. Historically I ve thought of cars as a necessary evil and spent as little as possible. I can afford a new BMW Mercedes Audi or similar but think of them as stupid status symbols. I ve never envied anyone that owns one. But Tesla is different. I love their vision and mission. It s something I want to get behind and support. Bottom line is they re the only car I ve ever really wanted and I m happy to stump up for a Model 3LR which will meet my needs perfectly. It wouldn t matter how fucking wonderful a competing manufacturers car is I d still buy a Tesla. Until another manufacturer comes along that has utterly rejected ICE as a means of propulsion there is no competition to Tesla imo. I m sure I m not alone in my thinking.
Started with a shitty business plan? Using the LOTUS Elise not “Toyata” was a perfectly fine strategy for a low volume high performance EV. They had to start somewhere.
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My thoughts after watching Rich Rebuilds: Tesla really need to reformulate their policy towards 3rd party repairs and salvage - for the sake of their own long-term financial health. Warning: What follows is a wall of text that veers into rant territory at times but I am genuinely interested in starting a serious discussion on this topic. After the recent profile on him I finally got around to watching a ton of the Rich Rebuilds videos and I have to say that man has got the right idea. I honestly thing that Tesla is not grasping how big of a mistake they are making not listening to his line of reasoning in large part because of what a new company they are. Now let me start this off by saying I am as big of a supporter of Tesla and Musks overall future vision as you are liable to find. I agree with him on space colonization the neccesity of becoming a multi-planet species of preserving the environment and transitioning to a zero-carbon economy. I want Tesla to succeed very very badly. But I think like we have seen with the whole Model 3 ramp-up fiasco that the Silicon Valley mindset isn t always applicable to the auto industry and I belive the same applies to Tesla s Apple-esque policies towards 3rd party repairs and salvaging of parts from wrecked vehicles. In the long term they must reverse course or they will create a situation that will hurt them financially very very badly. Fixing refurbishing and modifying electric cars is on paper and now as we are increasingly seeing in practice actually just as easy(if not easier) than doing so to ICE cars. There is no practical reason for excluding salvaged wrecks from the OTA updates or the Supercharger network provided you have solid diagnostic tools available to verify that all the parts of the powertrain are working correctly and safely. I understand why Tesla wasnt to retain control over the repair of their designs especially now in the early days where a shoddy job done can easily result in a tsunami of negative headlines but with the flood of Model 3s they are unleashing on the roads these days they really need to think this thing through fully. **Not allowing salvaged parts is very much not green** If Tesla is serious about preserving their environmentalism credibility they cannot afford hit pieces showing broken down or totalled Teslas with lots of usable parts being thrown into crushers or rusting away in people s back yards because they can t be recycled effectively. This is both a real environmentalism argument as well as a PR argument. The FUD is not going away and one of the best ways those hostile to Tesla can dent sales going forward after they become cash flow positive is to level accusation of hypocrisy when it comes to saving the planet. **A lively aftermarket in salvaged parts and repair service benefits Tesla when it comes to the sale of new cars** Although I don t think competitors will come out with Tesla Killers in the next couple of years sooner or later there will be competing models on the market that are quite good. I predict this will be the scenario around say 2023-5. That may seem like a long way away but it really isn t its just a few short years. The spare parts shortage and long delays for servicing MUST be resolved by then because that is when we start to see huge numbers of Model 3s out of warranty and if it is problematic to fix them and retain access to OTA updates and Superchargers the resale value will drop like a stone...and that can totally flip the signifier when people weigh purchasing a new Tesla vs a model from a competing manufacturer. This needs to be nipped in the bud right now and if Tesla can create a narrative where a used out of warranty Tesla is reliable cheap to fix and easy to work on yourself or by your local mechanic they´ll be swimming because everybody will know that they can buy a new Tesla and have peace of mind that it will retain it s value well. **If done right opening up their ecosystem can cut costs protect against economic downswings and create new revenue streams** If Tesla intends to service the powertrains and electronics on their cars all by themselves and only allow approved body shops to work on cosmetic damage they are setting themselves up for needing to have a huge amount of employees on their payroll and massive amounts of real estate etc. I don t think they have really thought through how gigantic that kind of operation is going to be in terms of payroll benefits taxes etc never mind that it will mean that in an economic downturn where business slows down they will be on the hook for a lot of assets that aren t producing revenue. It is much more sensible to arm 3rd parties to do this work and charge them for the privilege through some kind of certification program open to mechanics and enthusiasts alike along with some kind of program where you can bring salvaged parts into service centers to get them verified as being in proper working condition along with refurbished whole cars for final validation that they are well enough put together to re-join the OTA and supercharger programs. This way you off-load a lot of the cost and liabilities on 3rd party mechanics while money comes in on the final validation service plus some markup on parts. You may make less money off this in good times than forcing people to deal with you and only you but you insulate yourself from downswings in business during recessions leading to layoffs etc. Tesla intends to grow a lot - they will have their hands full servicing in-warranty vehicles for years to come. Adding the out of warranty repair business to their workload is liable to lead to extreme overload of their workforce in the mid to long-term. Plus people want choices when it comes to who works on their cars. I have a couple of mechanics who are my guys that I trust to work on my cars and be up-front and honest with me about costs time etc. I am looking forward to eventually owning a Model 3 when the time is right(current European PHEV owner) but I am NOT looking forward to having only one option when it comes to service - I want to be able to pick and choose. Elon saying trust us we´ll have awesome service simply isn t good enough. I think it is very important that the fanbase owners and small stockholders start to apply pressure to Tesla to reformulate their approach to this issue right now before they get too big to the point where they no longer feel like they need to listen to their longtime supporters. If you agree with my analysis of this issue and own a Tesla or better yet shares please let the company know. If you don t agree with me feel free to change my mind. ) EDIT: TL DR kindly provided by u TheTimeIsChow. TL DR Big Tesla fan wants them to succeed just wants to vent Found R.R. changed his her perspective regarding salvaging Teslas Believes part of going green essentially involves recycling the vehicles Believes more options for repair rebuild will help boost sales of new vehicles through post warranty repair options Believes opening up to 3rd party repairs will help boost rev stream Ends post suggesting that owners investors who agree with his her post should reach out to Tesla. Those who don t should offer a counter argument to change his her mind.
And a few notes. Tesla already offers some certification services. Superchargers belong to Tesla and they can t (and shouldn t) be forced to allow random uncertified cars to use them. Messing with big batteries can mean insta-death so the average Joe should have some kind of relevant certification before buying them. Some people will disagree with this but I really don t want to see stupid people dying and the media blaming EVs. If Tesla starts pushing updates to all cars even salvaged ones without the owners having to recertify them that can be really dangerous because if there are issues with some of the computers the update could cause some vital systems to crash and turn the car into an uncontrollable death machine.
&gt Not allowing salvaged parts is very much not green I agree with this point but I wonder if the issue is warranty. Tesla shouldn t have to give a warranty on any repairs done with salvaged parts. For Supercharging I guess there is some small chance a rebuilt car might damage a Supercharger. They can certify repair shops and have them do tests on a car to validate it for Supercharging. Or the car needs to be taken to a Tesla service centre and validated for Supercharging once validated it can use paid Supercharging. Apart from Warranty and Supercharging I can t think of any issues that would prevent 3rd party repairs. To keep the Warranty the repairs would need to be done by Tesla or by a certified 3rd party mechanic. I assume that is the case now am I missing something? What might be missing is a well established program to train and certify 3rd party mechanics. Tesla doing their own repairs is more or less bypassing the dealer network for repairs. It will be profitable for Tesla as it is for the dealers. I do agree small independent mechanics generally do a great job use a lot of care and attention and don t overly threaten the profitability of the larger operations. So with there right training and certification there is a good role for them. EDIT: This point posted below is also a valid concern. &gt If Tesla starts pushing updates to all cars even salvaged ones without the owners having to recertify them that can be really dangerous because if there are issues with some of the computers the update could cause some vital systems to crash and turn the car into an uncontrollable death machine.
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IIHS Evaluating Autonomy: Model S &amp 3 fail stationary test Model 3 best active lane keeping There s a status report out from IIHS today with their testing results on active driver assistance technologies. The stationary test results for the Model S &amp 3 are being cherry picked from the report (other tests were positive for Tesla but that s not news). [Evaluating Autonomy article on the IIHS site](http: www.iihs.org iihs news desktopnews evaluating-autonomy-iihs-examines-driver-assistance-features-in-road-track-tests). [Full Status Report (PDF)](http: www.iihs.org externaldata srdata docs sr5304.pdf). [AP News article](https: apnews.com 272679c796294701b5d19078faa72059).
To test active lane-keeping on curves engineers conducted six trials with each vehicle on three different sections of road with radii ranging from 1 300 to 2 000 feet. Only the Model 3 stayed within the lane on all 18 trials. The Model S was similar but overcorrected on one curve causing it to cross the line on the inside of the curve in one trial. None of the other systems tested provided enough steering input on their own to consistently stay in their lane often requiring the driver to provide additional steering to successfully navigate the curve.
Why is there such a big difference in hill performance between Model S and Model 3 in the lane-keeping test? The Model 3 was pretty much flawless.
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$TSLA Daily Investor Discussion - August 07 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
I d just like to say I m SO glad we had a Daily Investor Discussion thread live today. Good job mods on this new initiative I think it s been working out great!
https: finance.yahoo.com m 80cc60f3-829b-31fd-848d-351781e9fb24 analysts-still-don%E2%80%99t-expect.html?.tsrc=rss
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$TSLA Daily Investor Discussion - August 07 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
I d just like to say I m SO glad we had a Daily Investor Discussion thread live today. Good job mods on this new initiative I think it s been working out great!
From [CNBC](https: www.cnbc.com 2018 08 07 tesla-shares-jump-on-report-saudi-arabia-sovereign-wealth-fund-has-2-.html) regarding the news about the Saudi investment: &gt The media outlet said the Saudi s Public Investment Fund bought a three percent to five percent stake in the electric carmaker according to people with direct knowledge of the matter. &gt The Saudi fund approached CEO Elon Musk about buying newly issued shares the report said but Tesla declined. Instead the Public Investment Fund bought the shares in secondary markets. To be frank I m just a retail investor in TSLA for those of you more in the know when it comes to investing... what s the significance of Tesla refusing to issue new shares to the Saudis? Is this a sign of strength on the company s end?
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$TSLA Daily Investor Discussion - August 07 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
I d just like to say I m SO glad we had a Daily Investor Discussion thread live today. Good job mods on this new initiative I think it s been working out great!
WE JUST HIT 367.70
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Five days ago I mentioned Tesla may have a relationship with the Chinese state-owned banks... www.reddit.com r teslamotors comments 93wsrn elon_musk_stated_that_tesla_would_raise_funding Doubling-down on this today. This seems like a clear option for Elon as he more than likely has other Chinese companies interested in shares and those companies may be getting loans from the Chinese banks. Although if I could I d hedge my bet on the Saudis being Option B as funding source. The idea that Elon TURNED DOWN an offer from the Saudis for a secondary offering and they came back and bought shares anyway...tells me that this may be a possibility as to what is happening in China with Tesla... Wildcard: Mysterious Elon friend.
Elon is close to Silver Lake Partners who not only have an energy fund but they also arranged the LBO for Dell and are known to have arranged some of the craziest LBOs ever such as UFC and the WME IMG merger. If I had to guess how Elon met SL I would guess through Ari Emanuel co-CEO of WME. Elon is known to be close to Ari and his brother Rahm (mayor of Chicago that let Boring Company dig a hole under Chicago). WME is partly owned by SL. Both Ari and SL has incredibly deep connections with billionaire investors. When Elon says funding secured he isn t fucking around. BTW Silver Lake also helped Solarcity arrange some loans that Elon participated in in the past. If you even go to Silver Lake Partners website Tesla has been listed in their portfolio ever since 2015 when they helped arrange that.
When Elon tweeted about the short squeeze of the century the thing that seemed to fit his timeline best was the announcement of the Chinese gigafactory. It didn t really move the shares of Tesla though because he didn t announce how Tesla was going to *pay* for the new factory in China which in any event was well known to be in the works. That and the fact that wall street allegedly has no clue where the funding is coming from suggests that maybe it is Tencent or someone in China that is the mysterious source. Or maybe it s a combination of Tencent and the Saudi Sovereign Investment Fund and what precipitated the announcement was the Saudi s investment in Tesla. The timing suggests either that announcement ENABLED Musk to say something (that the disclosure was a prerequisite for it) or that the Saudi announcement created a situation where the Twitter public to private announcement was made as a defensive counter -- maybe as a suggestion to the SIF to back off trying a slow takeover because a public to private move was being contemplated -- and Tesla didn t want any hard feelings when if it goes private since the SIF simultaneously has the ability to depress prices of gasoline that would wind up hurting Tesla sales. It s really hard to say. Of course if you go over to r realtesla this is just simple stock manipulation and securities fraud and Musk doesn t have the funding and said this solely to drive up share prices get arrested and ultimately stave off bankruptcy a few more months. Just depends on how you look at things.
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Five days ago I mentioned Tesla may have a relationship with the Chinese state-owned banks... www.reddit.com r teslamotors comments 93wsrn elon_musk_stated_that_tesla_would_raise_funding Doubling-down on this today. This seems like a clear option for Elon as he more than likely has other Chinese companies interested in shares and those companies may be getting loans from the Chinese banks. Although if I could I d hedge my bet on the Saudis being Option B as funding source. The idea that Elon TURNED DOWN an offer from the Saudis for a secondary offering and they came back and bought shares anyway...tells me that this may be a possibility as to what is happening in China with Tesla... Wildcard: Mysterious Elon friend.
Elon is close to Silver Lake Partners who not only have an energy fund but they also arranged the LBO for Dell and are known to have arranged some of the craziest LBOs ever such as UFC and the WME IMG merger. If I had to guess how Elon met SL I would guess through Ari Emanuel co-CEO of WME. Elon is known to be close to Ari and his brother Rahm (mayor of Chicago that let Boring Company dig a hole under Chicago). WME is partly owned by SL. Both Ari and SL has incredibly deep connections with billionaire investors. When Elon says funding secured he isn t fucking around. BTW Silver Lake also helped Solarcity arrange some loans that Elon participated in in the past. If you even go to Silver Lake Partners website Tesla has been listed in their portfolio ever since 2015 when they helped arrange that.
It s almost certainly not a single entity funding this. Virtually all multi-billion dollar privatizations involve multiple players. This isn t the 1980 s lol.
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Five days ago I mentioned Tesla may have a relationship with the Chinese state-owned banks... www.reddit.com r teslamotors comments 93wsrn elon_musk_stated_that_tesla_would_raise_funding Doubling-down on this today. This seems like a clear option for Elon as he more than likely has other Chinese companies interested in shares and those companies may be getting loans from the Chinese banks. Although if I could I d hedge my bet on the Saudis being Option B as funding source. The idea that Elon TURNED DOWN an offer from the Saudis for a secondary offering and they came back and bought shares anyway...tells me that this may be a possibility as to what is happening in China with Tesla... Wildcard: Mysterious Elon friend.
Elon is close to Silver Lake Partners who not only have an energy fund but they also arranged the LBO for Dell and are known to have arranged some of the craziest LBOs ever such as UFC and the WME IMG merger. If I had to guess how Elon met SL I would guess through Ari Emanuel co-CEO of WME. Elon is known to be close to Ari and his brother Rahm (mayor of Chicago that let Boring Company dig a hole under Chicago). WME is partly owned by SL. Both Ari and SL has incredibly deep connections with billionaire investors. When Elon says funding secured he isn t fucking around. BTW Silver Lake also helped Solarcity arrange some loans that Elon participated in in the past. If you even go to Silver Lake Partners website Tesla has been listed in their portfolio ever since 2015 when they helped arrange that.
Stupid Americans. Now foreign countries are gonna profit off of the institutions that allowed Tesla to flourish. Good job everybody.
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$TSLA Daily Investor Discussion - August 08 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Whether you are long or short do not bet more than you can afford to lose on the basis that you think 420 is guaranteed or you think the stock is overvalued. The market is full of extremely smart people with decades of experience and a ton of proprietary information. If you think you magically know something about the stock price and where it should trade - you probably don t. Do not bet more than you can afford to lose. There are a lot of people in this thread particularly _ __Tesla__ __ who are spreading misinformation and inaccurate information. They do not understand corporate finance investing or how buyouts work. Do not bet more than you can afford to lose.
Any estimates on opening price and price in the next hour after the market opens?
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$TSLA Daily Investor Discussion - August 08 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Whether you are long or short do not bet more than you can afford to lose on the basis that you think 420 is guaranteed or you think the stock is overvalued. The market is full of extremely smart people with decades of experience and a ton of proprietary information. If you think you magically know something about the stock price and where it should trade - you probably don t. Do not bet more than you can afford to lose. There are a lot of people in this thread particularly _ __Tesla__ __ who are spreading misinformation and inaccurate information. They do not understand corporate finance investing or how buyouts work. Do not bet more than you can afford to lose.
I would think an offer from a foreign company nation sovereign fund would need a CFIUS review. That would probably take a year. So this announcement is probably just a first step of a 1-2 year process. Anyone familiar with the timeline of something like this?
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$TSLA Daily Investor Discussion - August 08 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Whether you are long or short do not bet more than you can afford to lose on the basis that you think 420 is guaranteed or you think the stock is overvalued. The market is full of extremely smart people with decades of experience and a ton of proprietary information. If you think you magically know something about the stock price and where it should trade - you probably don t. Do not bet more than you can afford to lose. There are a lot of people in this thread particularly _ __Tesla__ __ who are spreading misinformation and inaccurate information. They do not understand corporate finance investing or how buyouts work. Do not bet more than you can afford to lose.
Shorts selling down the last of their float
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Autopilot is INCREDIBLE in super heavy rain!!! Model 3 autopilot: 100% phenomenal performance by autopilot last night. PHENOMENAL. I was driving at night in a complete downpour. I slowed AP progressively to 45 mph because I could barely see at all. I could see just well enough to supervise autopilot but that s it. It can 100% without a doubt see better through the rain than the human eye. It was performing like a superhuman. This is some alien technology. Autopilot is one of the main reasons Tesla is worth $60+ billion. There were other occasions where the wet pavement had reflections that made it nearly impossible to see the lines to my eye autopilot somehow could see them and hold the lane during turns. With all of this being said BE CAREFUL and make sure that you can see well enough to supervise and take over. I was 100% attentive and had a firm grip on the wheel and the visibility was just enough for me to continue allowing the car to drive.
Noticed this too. Tried a few weeks ago to use AP in my TM3 in significant rain. Visibility was low enough that even as a human driver I felt unsafe. AP handled it perfectly no failures no lane excursions no inappropriate braking or acceleration. Of course I would still caution against using AP in these conditions it was a closely monitored test on my part.
Vehicle and autopilot version?
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Autopilot is INCREDIBLE in super heavy rain!!! Model 3 autopilot: 100% phenomenal performance by autopilot last night. PHENOMENAL. I was driving at night in a complete downpour. I slowed AP progressively to 45 mph because I could barely see at all. I could see just well enough to supervise autopilot but that s it. It can 100% without a doubt see better through the rain than the human eye. It was performing like a superhuman. This is some alien technology. Autopilot is one of the main reasons Tesla is worth $60+ billion. There were other occasions where the wet pavement had reflections that made it nearly impossible to see the lines to my eye autopilot somehow could see them and hold the lane during turns. With all of this being said BE CAREFUL and make sure that you can see well enough to supervise and take over. I was 100% attentive and had a firm grip on the wheel and the visibility was just enough for me to continue allowing the car to drive.
I very carefully monitor my car when in Autopilot as I simply cannot turn off my brain in terms of controlling the car but I too have noticed this exact thing. AP simply has more capability to see in heavy rain than a human eye. While I could make out cars around me fine seeing lines on the road was extremely difficult but AP kept the car perfectly controlled. In my case all traffic was moving slowly due to the conditions but even at half the freeway speed I could hardly see but AP worked exceptionally.
Vehicle and autopilot version?
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I m contemplating selling my (dream) car to buy a P3D. Since playing Gran Turismo 3 and watching 2 Fast 2 Furious as a teenager I dreamed of owning a Mitsubishi Evolution. I was fortunate enough to buy my brother s VIII MR as he was getting out of the army back in 2007. I ve been happily driving it ever since though I sometimes yearn for a more practical vehicle. I ve noticed the value of the car going up lately so I have considered selling it to pursue my next (attainable) dream car. The issues are I m not sure how long it would take to sell the car and I don t want to be without a car for 5-8 months. I m pretty sure I will probably have to sell the car outside of my local area. So what do y all think I should do to sell my car and order the Tesla? I ve been discussing it with my wife and I think she s slowly coming around to the idea. Her main concern is the question I m posting here. Ideally I d just keep this car and buy the P3D but I m not ballin like that 😎. TLDR: How should I sell my teenage self s dream car and order a P3D without being car-less for several months.
If you order a P3D today I m pretty sure you ll receive it less than 3 months.
You can see if you can get preliminary offers from maybe CarMax vroom carvana. See how much it s worth first. When you take delivery of model 3 resubmit with them again and sell the vehicle after. You can also do a trade-in with Tesla and when you pick up your P3D you drop off your car and drive away with your new car.
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[Discussion] We are all witnesses to one of the greatest events in financial market history. The anti-Tesla anti-Elon Musk anti-SpaceX sentiment has reached an all-time high at a time when the stock is within spitting distance of all-time highs car production has never been higher SpaceX has essentially taken over the worldwide launch market Elon can essentially get the ear of anyone on the planet anytime he wants and short interest is near an all-time high even after a buyout offer is made. Media bystanders and shorts all unable to accept that Elon Musk has found interested parties who would participate in taking Tesla private... Why be surprised? - Tencent bought shares on the open market when Tesla wasn t willing to issue as many shares as they wanted. - Saudis bought shares on the open market when Tesla refused to issue any shares. - Several gigantic institutions maintain and continue to add to their Tesla positions even as the stock rises. - Tesla has never had a problem raising capital in the past half of a decade. The idea of this happening isn t even a surprise to me...it s more surprising that it didn t happen earlier. I m guessing it didn t because no one ever met the conditions Elon set as far as control of the companies goes until now. Do people really think there is so little capital out in the world? The amount that would be necessary to take Tesla private is peanuts given how many shareholders won t sell... Shorts have called me a cultist for almost an entire decade. I along with all Tesla shareholders been maligned in the media by people we know by every critic that can get their face on TV. We ve been called fools and people who are lucky and everything imaginable to downplay our investment choice. I can t even count the amount of liberal &amp conservative writers who have called Tesla shareholders idiots and fools. This is the moment I ve been waiting nearly a decade for and I have to say it may be the most important moment that I ll experience in my life. This is the moment where we those who have been here for almost a decade can finally say https: www.youtube.com watch?v=QUAItQmq-LU
&gt called me a cultist for almost an entire decade &gt may be the most important moment that I ll experience in my life I m a huge Tesla SpaceX and Musk fan but to say something like this last bit could come off as just a little cultist :)
&gt Do people really think there is so little capital out in the world? The amount that would be necessary to take Tesla private is peanuts given how many shareholders won t sell... Do you really think that Musk could come together with that many different parties and literally not a single leak has occurred?
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[Discussion] We are all witnesses to one of the greatest events in financial market history. The anti-Tesla anti-Elon Musk anti-SpaceX sentiment has reached an all-time high at a time when the stock is within spitting distance of all-time highs car production has never been higher SpaceX has essentially taken over the worldwide launch market Elon can essentially get the ear of anyone on the planet anytime he wants and short interest is near an all-time high even after a buyout offer is made. Media bystanders and shorts all unable to accept that Elon Musk has found interested parties who would participate in taking Tesla private... Why be surprised? - Tencent bought shares on the open market when Tesla wasn t willing to issue as many shares as they wanted. - Saudis bought shares on the open market when Tesla refused to issue any shares. - Several gigantic institutions maintain and continue to add to their Tesla positions even as the stock rises. - Tesla has never had a problem raising capital in the past half of a decade. The idea of this happening isn t even a surprise to me...it s more surprising that it didn t happen earlier. I m guessing it didn t because no one ever met the conditions Elon set as far as control of the companies goes until now. Do people really think there is so little capital out in the world? The amount that would be necessary to take Tesla private is peanuts given how many shareholders won t sell... Shorts have called me a cultist for almost an entire decade. I along with all Tesla shareholders been maligned in the media by people we know by every critic that can get their face on TV. We ve been called fools and people who are lucky and everything imaginable to downplay our investment choice. I can t even count the amount of liberal &amp conservative writers who have called Tesla shareholders idiots and fools. This is the moment I ve been waiting nearly a decade for and I have to say it may be the most important moment that I ll experience in my life. This is the moment where we those who have been here for almost a decade can finally say https: www.youtube.com watch?v=QUAItQmq-LU
&gt called me a cultist for almost an entire decade &gt may be the most important moment that I ll experience in my life I m a huge Tesla SpaceX and Musk fan but to say something like this last bit could come off as just a little cultist :)
Honestly it makes no sense whatsoever for people to think he can t get the money together. The writing on the wall is plain as day. I think shorts are just so invested in their circlejerk of muskrat hate at this stage they they just have convinced themselves that Elon is a fraud and must be lying. It s one of the most amazing examples of brainfart I ve ever witnessed.
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$TSLA Daily Investor Discussion - August 09 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
The most amazing thing about this is that Musk is either going to look like the greatest dealmaker of all time for taking an unprofitable company private at $70+ billion valuation. Or he s going to come out looking like a total fraud if the funding isn t there. Total hero or zero moment right here. We ll all get to say we watched it in real time.
What are everyone s thoughts on when Tesla may go private? I would assume after Q3 earnings call if Tesla is profitable.
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$TSLA Daily Investor Discussion - August 09 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
The most amazing thing about this is that Musk is either going to look like the greatest dealmaker of all time for taking an unprofitable company private at $70+ billion valuation. Or he s going to come out looking like a total fraud if the funding isn t there. Total hero or zero moment right here. We ll all get to say we watched it in real time.
Quick thought experiment let s assume that [Electrek s straw poll](https: twitter.com FredericLambert status 1027299007452930062) of shareholder opinion of whether to go private at $420 share is representative of the final vote about the buyout deal. (Which is not certain at all: readers are probably small investors and their votes are not share-weighted either.) Let s also assume that 100% of insiders decide to go private. Let s play with those numbers and see what effect such a vote would have on the short position of 34 million shares: - TSLA float: 127M shares - 85% of them vote to go private (108M shares) 15% of them want to or have to sell their stake (19M shares) - TSLA insiders: 43M shares - 100% of them vote to go private This leaves an effective float of 19M shares - from which 34M short shares would have to attempt to buy a share to close their positions. So 34M shares would chase a much smaller pool of 19M shares until the price increases enough to convince another 15M shares to sell their stake instead of following Tesla into private ownership. Since all shareholders *know* the position size of the shorts they d not be in any particular rush to provide liquidity: first a premium of $450 would be asked for then $500 and more. Liquidity would only be so much and short sellers would be forced to accept pretty much any price offered. If most shareholders decided to hold out to $1 000 then there s nothing the shorts could do about it - and they *have to* cover because a private Tesla cannot be shorted. Possible result: share price would skyrocket. A similar historic event is the Volkswagen short squeeze in 2008 where Volkswagen traded a bit above 200€ before the short squeeze [and shot up to 1 000€ intraday at the height of teh short squeeze](https: www.reuters.com article us-volkswagen short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028).
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$TSLA Daily Investor Discussion - August 09 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
The most amazing thing about this is that Musk is either going to look like the greatest dealmaker of all time for taking an unprofitable company private at $70+ billion valuation. Or he s going to come out looking like a total fraud if the funding isn t there. Total hero or zero moment right here. We ll all get to say we watched it in real time.
Any ideas why there s a hold up in announcing who the buyer(s) is? I feel like it could curtail some of the mystery buyer drama in the press if they announce it.
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[Discussion] What is your favourite thing about owning a Model 3. I m interested in hearing what the most enjoyable or most surprising thing about owning the Model 3 has been. I m talking about everything from the driving and handling performance to your general ownership experience so far all stories are welcome! Also interested in how it s been different from owning other cars in the past: whether your past car was an EV hybrid or combustion car how is the Model 3 different for you? I m in The Netherlands myself so there aren t any driving around here yet. Thanks!
My favorite thing is not having to go to the gas station anymore.
Autopilot. Given the choice between solve world hunger but lose autopilot and keep autopilot you might say I m gonna *double-down* on having autopilot. (^see ^what ^I ^did ^there?)
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[Discussion] What is your favourite thing about owning a Model 3. I m interested in hearing what the most enjoyable or most surprising thing about owning the Model 3 has been. I m talking about everything from the driving and handling performance to your general ownership experience so far all stories are welcome! Also interested in how it s been different from owning other cars in the past: whether your past car was an EV hybrid or combustion car how is the Model 3 different for you? I m in The Netherlands myself so there aren t any driving around here yet. Thanks!
My favorite thing is not having to go to the gas station anymore.
One of the really cool things is that I feel like a celebrity whenever I drive it. Always getting attention from others.
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[Discussion] What is your favourite thing about owning a Model 3. I m interested in hearing what the most enjoyable or most surprising thing about owning the Model 3 has been. I m talking about everything from the driving and handling performance to your general ownership experience so far all stories are welcome! Also interested in how it s been different from owning other cars in the past: whether your past car was an EV hybrid or combustion car how is the Model 3 different for you? I m in The Netherlands myself so there aren t any driving around here yet. Thanks!
My favorite thing is not having to go to the gas station anymore.
Same as the other comment here now: favorite thing is the instant feedback. I drive my old car once a week and I can t stand it now because when I need to accelerate I used to think it was two steps: 1) push gas 2) car goes. But I now see it as: 1) push gas 2) wait a beat 3) hear engine make a hissy fit 4) car eventually starts moving faster 5) finally get to the speed I want. After that the minimalism. I like a clean car and this car makes it easy since there s fewer places for trash and dust to collect.
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Tesla informed Tesla investors and others in November 2013 to expect material information to be distributed via social media The comments regarding legitimacy of Elon s Twitter being a valid avenue of material information distribution channel keeps popping up in the media and discussions so it s worth bearing in mind the following: &gt **Item 8.01. Other Events.** &gt **Tesla Disclosure Channels To Disseminate Information** &gt ***Tesla investors and others should note that we announce material information to the public*** about our company products and services and other issues ***through a variety of means including*** Tesla s website press releases SEC filings ***blogs and social media*** in order to achieve broad non-exclusionary distribution of information to the public. ***We encourage our investors and others to review the information we make public in the locations below as such information could be deemed to be material information.*** Please note that this list may be updated from time to time. &gt **Interested in keeping up with Tesla?** &gt For more information on Tesla and its products please visit: teslamotors.com &gt For more information for Tesla investors please visit: ir.teslamotors.com &gt For the latest information from Tesla including press releases and the Tesla blog please visit: teslamotors.com press &gt For additional information please follow Elon Musk s and Tesla s Twitter accounts: ***twitter.com elonmusk*** [(emph. mine)] and twitter.com TeslaMotors &gt 99.1 Tesla Motors Inc. Third Quarter 2013 Shareholder Letter dated November 5 2013. (http: ir.tesla.com static-files b40ccd07-aea3-4522-8d3e-a7d63e7ccc17) (https: www.sec.gov Archives edgar data 1318605 000119312513427630 d622890d8k.htm) IANAL but at least it answers the question of whether Tesla pre-informed investors to expect material information from Elon s Twitter. \\*Italic bold emphasis mine.
That settles legal worry part one (the medium used). Now on to legal worry part two (the language used specifically “secured.”)
Great job.
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My Model 3 put me in time-out Driving home tonight from midtown Atlanta lots of traffic as usual and autosteer comes to the rescue. I love how my stress level in heavy traffic fades to almost nothing as soon as I m able to engage it. Best thing ever not just for me but my wife commented she s less stressed in the passenger seat not having to press that invisible brake peddle on her side. :) The congestion eases and I set cruise at 80 mph when I notice a truck driving erratically (on the phone) right next to me. I swerve and punch it to get away from the truck. Before I can blink I m above 90 and when I try to re-engage autosteer I get scolded... Autosteer unavailable for the rest of this drive. Driver exceed Autopilot Max Speed. My car put me in time-out.
Yeah. Stopping and putting it in park would have gotten you out of the doghouse. AP can t see far enough ahead to work safely at 90mph.
Had the same thing about a month ago when I got the car. It went to 90 a lot faster than I anticipated.
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How the short-squeeze of the century is forming and almost no one even sees it coming... So many people in the media and this Reddit are panicking over the volatility in the stock price after the $420 privatization offer announcement. That in itself is very amusing. You all must be new here. The artificial dilution that the short-sellers have created in TSLA by borrowing and re-selling 35 million shares of TSLA (which is filling buy-orders that would not have otherwise been filled) are now fully absorbed into the market. 35 million shares of TSLA that don t really exist are in the hands of institutions and cult members. TSLA is coming to an end. Soon all 35 million shares will need to be returned to their owners. But guess what... All you shorts sold your stock to a bunch of cult members who aren t going to let them go because we want to own Tesla after it is private. You are screwed and you don t even know it. Your only hope is that more than 35 million TSLA shares currently owned are sold by people before they go private. If less than 35 million TSLA shares currently owned are sold by people before they go private there literally IS NOT enough TSLA shares available for the short-sellers to cover. If less than 35 million TSLA shares currently being held are sold at $420 or less mathematically the stock will be forced over $420 when all shorts are forced to cover. Shorts like math. I know they tell me its important. Wonder why they don t see this mathematical problem coming their way. EDIT: This is why we ve entered the distort portion of the short and distort game. It is all they have left to save themselves. When the funders of the privatization are announced and deniability falls to zero the game is over. They have to try to get as many people to sell now as possible. And this is why the privatization may cost Tesla $0 (not including paying for Tesla s debt). There may not be any shares left to buy at $420 and it will go private at a higher valuation the valuation on the last day of trading after the short squeeze occurs. Why does everyone think the $420 offer is so low and close to the current stock price? SO THAT EVERYONE HOLDS AND CAUSES THE SQUEEZE! The low offer is a GOOD thing!
Do you know why Elon started selling a flamethrower through his hole digging company in January 2018? Because he has been planning this since January 2018 or earlier. If you think a guy who has founded 4 (and counting) billion dollar companies in widely disparate industries using impossible technology against unbeatable incumbants... if you think he absentmindedly &amp accidentally decided to take his most prized possession private on a whim of a tweet **you are insane.** And you are going to get eaten alive. Edit: The hilarious thing is he has been trolling the shorts for at least 7 months preparing for this. The short shorts tweets are obvious trolling. The flamethrower is obvious trolling. The oops I accidentally announced taking Telsa private is trolling. The disregarding the wall street short on the earnings call then buttering them up next call.. I would not be surprised if that was trolling on some level also.
I tend to agree but if Elon has been sloppy in his tweeting it may provide a gottcha moment that gets shorts off the hook or there might be a more general market down turn. There is too much focus on the short-squeeze if it is going to happen (and I think it will) it will turn up anyway. Going private is simply another distraction at this time that perhaps provides an escape route. IMO Elon wants to go private more than he wants to crush the shorts because if he wanted to crush the shorts he should not go private now but wait until after Q3 Q4. There are much more interesting and exciting things to talk about this story will be a slow burner. Unless the are any major missteps the next step is more negotiation about the price. They board may ask for more than $420 they should people rarely take the first offer in this circumstance. That is why Elon needs to be out of the loop at the board end he wants the privatisation the board should want the best deal for shareholders. At a minimum they need to assure themselves any deal that Elon may have put together is the best deal. Finally if shorts are smart intelligent traders I don t have a problem with them as such I don t like the FUD in the media and personally I can see a lot of bias in the media coverage. It seems to me some media players are short on Tesla have family and friends who are don t like Musk for some reason or have overly optimistic views about what other car companies might achieve.
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How the short-squeeze of the century is forming and almost no one even sees it coming... So many people in the media and this Reddit are panicking over the volatility in the stock price after the $420 privatization offer announcement. That in itself is very amusing. You all must be new here. The artificial dilution that the short-sellers have created in TSLA by borrowing and re-selling 35 million shares of TSLA (which is filling buy-orders that would not have otherwise been filled) are now fully absorbed into the market. 35 million shares of TSLA that don t really exist are in the hands of institutions and cult members. TSLA is coming to an end. Soon all 35 million shares will need to be returned to their owners. But guess what... All you shorts sold your stock to a bunch of cult members who aren t going to let them go because we want to own Tesla after it is private. You are screwed and you don t even know it. Your only hope is that more than 35 million TSLA shares currently owned are sold by people before they go private. If less than 35 million TSLA shares currently owned are sold by people before they go private there literally IS NOT enough TSLA shares available for the short-sellers to cover. If less than 35 million TSLA shares currently being held are sold at $420 or less mathematically the stock will be forced over $420 when all shorts are forced to cover. Shorts like math. I know they tell me its important. Wonder why they don t see this mathematical problem coming their way. EDIT: This is why we ve entered the distort portion of the short and distort game. It is all they have left to save themselves. When the funders of the privatization are announced and deniability falls to zero the game is over. They have to try to get as many people to sell now as possible. And this is why the privatization may cost Tesla $0 (not including paying for Tesla s debt). There may not be any shares left to buy at $420 and it will go private at a higher valuation the valuation on the last day of trading after the short squeeze occurs. Why does everyone think the $420 offer is so low and close to the current stock price? SO THAT EVERYONE HOLDS AND CAUSES THE SQUEEZE! The low offer is a GOOD thing!
Do you know why Elon started selling a flamethrower through his hole digging company in January 2018? Because he has been planning this since January 2018 or earlier. If you think a guy who has founded 4 (and counting) billion dollar companies in widely disparate industries using impossible technology against unbeatable incumbants... if you think he absentmindedly &amp accidentally decided to take his most prized possession private on a whim of a tweet **you are insane.** And you are going to get eaten alive. Edit: The hilarious thing is he has been trolling the shorts for at least 7 months preparing for this. The short shorts tweets are obvious trolling. The flamethrower is obvious trolling. The oops I accidentally announced taking Telsa private is trolling. The disregarding the wall street short on the earnings call then buttering them up next call.. I would not be surprised if that was trolling on some level also.
See extended discussions on * Is Musk getting the Shorts to pay for TSLA going private? * in [r_teslamotors](https: www.reddit.com r investing comments 961270 is_musk_getting_the_shorts_to_pay_for_tsla_going ) and [r_investing](https: www.reddit.com r investing comments 961270 is_musk_getting_the_shorts_to_pay_for_tsla_going ).
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How the short-squeeze of the century is forming and almost no one even sees it coming... So many people in the media and this Reddit are panicking over the volatility in the stock price after the $420 privatization offer announcement. That in itself is very amusing. You all must be new here. The artificial dilution that the short-sellers have created in TSLA by borrowing and re-selling 35 million shares of TSLA (which is filling buy-orders that would not have otherwise been filled) are now fully absorbed into the market. 35 million shares of TSLA that don t really exist are in the hands of institutions and cult members. TSLA is coming to an end. Soon all 35 million shares will need to be returned to their owners. But guess what... All you shorts sold your stock to a bunch of cult members who aren t going to let them go because we want to own Tesla after it is private. You are screwed and you don t even know it. Your only hope is that more than 35 million TSLA shares currently owned are sold by people before they go private. If less than 35 million TSLA shares currently owned are sold by people before they go private there literally IS NOT enough TSLA shares available for the short-sellers to cover. If less than 35 million TSLA shares currently being held are sold at $420 or less mathematically the stock will be forced over $420 when all shorts are forced to cover. Shorts like math. I know they tell me its important. Wonder why they don t see this mathematical problem coming their way. EDIT: This is why we ve entered the distort portion of the short and distort game. It is all they have left to save themselves. When the funders of the privatization are announced and deniability falls to zero the game is over. They have to try to get as many people to sell now as possible. And this is why the privatization may cost Tesla $0 (not including paying for Tesla s debt). There may not be any shares left to buy at $420 and it will go private at a higher valuation the valuation on the last day of trading after the short squeeze occurs. Why does everyone think the $420 offer is so low and close to the current stock price? SO THAT EVERYONE HOLDS AND CAUSES THE SQUEEZE! The low offer is a GOOD thing!
This has happened before in 2008 Porsche bought 75% of VW and short sellers had to scramble to cover their positions the share price short up to €1005. The price of Morgan Stanley and Goldman Sachs stock tumble on the news of the short squeeze. This article on what happened is worth a read... https: www.reuters.com article us-volkswagen short-sellers-make-vw-the-worlds-priciest-firm-idUSTRE49R3I920081028
I tend to agree but if Elon has been sloppy in his tweeting it may provide a gottcha moment that gets shorts off the hook or there might be a more general market down turn. There is too much focus on the short-squeeze if it is going to happen (and I think it will) it will turn up anyway. Going private is simply another distraction at this time that perhaps provides an escape route. IMO Elon wants to go private more than he wants to crush the shorts because if he wanted to crush the shorts he should not go private now but wait until after Q3 Q4. There are much more interesting and exciting things to talk about this story will be a slow burner. Unless the are any major missteps the next step is more negotiation about the price. They board may ask for more than $420 they should people rarely take the first offer in this circumstance. That is why Elon needs to be out of the loop at the board end he wants the privatisation the board should want the best deal for shareholders. At a minimum they need to assure themselves any deal that Elon may have put together is the best deal. Finally if shorts are smart intelligent traders I don t have a problem with them as such I don t like the FUD in the media and personally I can see a lot of bias in the media coverage. It seems to me some media players are short on Tesla have family and friends who are don t like Musk for some reason or have overly optimistic views about what other car companies might achieve.
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$TSLA Daily Investor Discussion - August 10 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
I m just gonna come out and say it: I have no fucking clue what the fuck is going on
Who else needs the taking private price to be to $10 000 thereby making them an accredited investor? EDIT: or perhaps I could argue that the rule is unconstitutional (14th amendment) due to it being arbitrary.
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$TSLA Daily Investor Discussion - August 10 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
I m just gonna come out and say it: I have no fucking clue what the fuck is going on
So if I own shares in my IRA and the company goes private and I want to stay on with private shares how does my brokerage handle that? Ie how do they price it or how does this even work? Brokerage is Merrill Lynch for what it s worth
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$TSLA Daily Investor Discussion - August 10 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
I m just gonna come out and say it: I have no fucking clue what the fuck is going on
I m interested in the medium term call option play at ~$490 in the event of a substantial short squeeze. Seems like a cheap bet (~$50) with potential high upside and little risk. Anyone else in the same boat?
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Finally got to drive one I ve been following Tesla since the beginning of it all. I have always wanted to sit and take one for a spin but never knew anyone who has had one. My friend received his model 3 the other day and finally came over and let me take it out. Wow is all I can say. These car is amazing. I have a Leaf and love(d) it that is until I drove the 3. It s like driving a Geo Metro compared to a Bentley. I made my wife drive it too....and now we are debating on a 3 a used 6 or saving a bit more for a used X ( we have two kids and a mother-in-law). Needed to share :)
A used 6? Is that like 2 used 3 s? -P
I was the one to convince my wife to test drive a Tesla Model S. She has RSI issues and because of EAP and FSD I was convinced that she should be rolling in one. But she s a spirited driver and thought the S was going to be land yacht. I ve seen her on the Road Atlanta track blasting down that back straight at a bizillion miles an hour towards turn 10. She was really skeptical. I had to twist her arm. But the low center of gravity and the instant torque is compelling. She s in an S100D that we ordered before they were shipping them. If we were buying today it would be a P3D. The S is a bigger car than she really wants. But yeah EV s and Tesla s in particular are compelling for that gokart feel. ... Must represent my own view. I roll in a 20 year old beater that is completely comfortable reliable (it s a Honda) and is worth less that what we pay every year in tax and plating fee for her car. Given my yearly gas bill I could drive for about 50 years before I d cover the cost of buying myself a P3D. Cars are super bad investments. Envision going into your backyard putting the cash covering the cost of the car into a pile dousing it with gasoline and watching it burn. If you are still good to buy the car buy it -- that what I did before placing the order for my wife s S100D.
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PSA: Checkout the white interior for Model 3 in person before ordering the $1500 option. Long story short I drove a P3D today. I will write a longer post to compare it against my F80 M3 but that s for later (and I fully expect to piss off both the r cars and r teslamotors crowd )) First thing that jumped at me was that the white interior which looks amazing on the websites is absolutely god awful [in person](https: imgur.com a pYXcmsn). That white part on the dash board is made out of the cheapest quality plastic I ve ever seen in a car that costs more than $25k let alone $70k. The whole time during the drive I was just thinking carbon fiber or even the glossy piano black plastic (I feel like I m the only one in the car world who loves piano black) they use on the consoles would be 10x more premium feeling. Visually it looks cool at first but after 10 mins it feels like I m driving behind the checkout counter of a boba tea shop. The white pleather (or vegan leather as Tesla marketing calls it) also felt less nice and more flimsy than the ones in the black interior. It s still better more supple than the SensaTec pleather and Dakota leather in the base BMWs but feels significantly less premium than the Napa and Merino leather in their higher end and M cars. I know a lot of it comes down on personal preference but I highly recommend people check it out in person before ordering an expensive option on an expensive car like this. Personally i would have paid $1500 to *not* have the white interior. It s a shame it looked great in picture : Edit: look at the hate I got for simply telling people to check out something in person before buying haha. I guess that s not allowed these days. As for the material on the dash there are now people telling me it s painted plastic painted aluminum or even white ceramic. So obviously there is no clear info.
Just test drove P3D a week ago with same white interior — upgraded my config immediately after. I 100% disagree I think it s one of the most badass interiors I ve ever seen in my life. The vegan leather is awesome and feels even better than the real leather in my Model S. It s a softer but more durable feel. It s hard to explain but worth feeling in person. The trim looks minimal and futuristic — makes the whole thing feel like a spaceship. I also inspected the trim on the dash and although it could be higher quality it didn t look or feel *cheap* to me. I love the white interior recommend everyone test drive and decide themselves.
I thought the dash in white was made w aluminum? How does it go from looking cool at first to god awful in person (boba tea anecdotes aside)? I have a white interior on order haven t seen it in person on the 3 (have on the X)... this makes me a bit nervous but I m also still kind of dubious after reading your post (I haven t heard anyone else express this opinion after seeing the car in person). Anyone else have the same or similar experience?
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PSA: Checkout the white interior for Model 3 in person before ordering the $1500 option. Long story short I drove a P3D today. I will write a longer post to compare it against my F80 M3 but that s for later (and I fully expect to piss off both the r cars and r teslamotors crowd )) First thing that jumped at me was that the white interior which looks amazing on the websites is absolutely god awful [in person](https: imgur.com a pYXcmsn). That white part on the dash board is made out of the cheapest quality plastic I ve ever seen in a car that costs more than $25k let alone $70k. The whole time during the drive I was just thinking carbon fiber or even the glossy piano black plastic (I feel like I m the only one in the car world who loves piano black) they use on the consoles would be 10x more premium feeling. Visually it looks cool at first but after 10 mins it feels like I m driving behind the checkout counter of a boba tea shop. The white pleather (or vegan leather as Tesla marketing calls it) also felt less nice and more flimsy than the ones in the black interior. It s still better more supple than the SensaTec pleather and Dakota leather in the base BMWs but feels significantly less premium than the Napa and Merino leather in their higher end and M cars. I know a lot of it comes down on personal preference but I highly recommend people check it out in person before ordering an expensive option on an expensive car like this. Personally i would have paid $1500 to *not* have the white interior. It s a shame it looked great in picture : Edit: look at the hate I got for simply telling people to check out something in person before buying haha. I guess that s not allowed these days. As for the material on the dash there are now people telling me it s painted plastic painted aluminum or even white ceramic. So obviously there is no clear info.
Just test drove P3D a week ago with same white interior — upgraded my config immediately after. I 100% disagree I think it s one of the most badass interiors I ve ever seen in my life. The vegan leather is awesome and feels even better than the real leather in my Model S. It s a softer but more durable feel. It s hard to explain but worth feeling in person. The trim looks minimal and futuristic — makes the whole thing feel like a spaceship. I also inspected the trim on the dash and although it could be higher quality it didn t look or feel *cheap* to me. I love the white interior recommend everyone test drive and decide themselves.
Checked it out in person looked great to me.
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PSA: Checkout the white interior for Model 3 in person before ordering the $1500 option. Long story short I drove a P3D today. I will write a longer post to compare it against my F80 M3 but that s for later (and I fully expect to piss off both the r cars and r teslamotors crowd )) First thing that jumped at me was that the white interior which looks amazing on the websites is absolutely god awful [in person](https: imgur.com a pYXcmsn). That white part on the dash board is made out of the cheapest quality plastic I ve ever seen in a car that costs more than $25k let alone $70k. The whole time during the drive I was just thinking carbon fiber or even the glossy piano black plastic (I feel like I m the only one in the car world who loves piano black) they use on the consoles would be 10x more premium feeling. Visually it looks cool at first but after 10 mins it feels like I m driving behind the checkout counter of a boba tea shop. The white pleather (or vegan leather as Tesla marketing calls it) also felt less nice and more flimsy than the ones in the black interior. It s still better more supple than the SensaTec pleather and Dakota leather in the base BMWs but feels significantly less premium than the Napa and Merino leather in their higher end and M cars. I know a lot of it comes down on personal preference but I highly recommend people check it out in person before ordering an expensive option on an expensive car like this. Personally i would have paid $1500 to *not* have the white interior. It s a shame it looked great in picture : Edit: look at the hate I got for simply telling people to check out something in person before buying haha. I guess that s not allowed these days. As for the material on the dash there are now people telling me it s painted plastic painted aluminum or even white ceramic. So obviously there is no clear info.
Just test drove P3D a week ago with same white interior — upgraded my config immediately after. I 100% disagree I think it s one of the most badass interiors I ve ever seen in my life. The vegan leather is awesome and feels even better than the real leather in my Model S. It s a softer but more durable feel. It s hard to explain but worth feeling in person. The trim looks minimal and futuristic — makes the whole thing feel like a spaceship. I also inspected the trim on the dash and although it could be higher quality it didn t look or feel *cheap* to me. I love the white interior recommend everyone test drive and decide themselves.
I ve had a loaner Model S with ultra white interior. The seats looked and felt great. I guess if I don t like the dash trim piece in my P3D I ll get it wrapped.
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Do not test drive Model 3... Unless you are prepared to buy the car. Test drove a Model 3 today and after running the numbers ended up placing an order (LR RWD basic black EAP). The drive home in my 2015 Mazda3 really felt like driving an old beater (even though it is still in quite good condition for a car with 92 000 miles). The Tesla will be by far the nicest car I ve owned... the seats were so comfortable the acceleration addicting and well just everything. So excited to take delivery hope it is sooner rather than later.
Similar experience for me and I m coming from a 2016 Model S 90D. I absolutely love my Model S and there are things I think Model S does better than Model 3 (Bioweapon Defense Mode for one) but overall the Model 3 Performance won me over. Other advantages to Model 3: - Reduced insurance cost for us - Reduced maintenance cost (warranty lists even fewer items to maintain) - Reduced repair likelihood (less complexity) and potential cost (we ve already had to replace the godforsaken door handles on Model S) - Easier to park navigate in tight spaces Overall I agree with OP. Model 3 is a tough car to test drive and not order even if you already have a Tesla.
enjoy it!
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Do not test drive Model 3... Unless you are prepared to buy the car. Test drove a Model 3 today and after running the numbers ended up placing an order (LR RWD basic black EAP). The drive home in my 2015 Mazda3 really felt like driving an old beater (even though it is still in quite good condition for a car with 92 000 miles). The Tesla will be by far the nicest car I ve owned... the seats were so comfortable the acceleration addicting and well just everything. So excited to take delivery hope it is sooner rather than later.
Similar experience for me and I m coming from a 2016 Model S 90D. I absolutely love my Model S and there are things I think Model S does better than Model 3 (Bioweapon Defense Mode for one) but overall the Model 3 Performance won me over. Other advantages to Model 3: - Reduced insurance cost for us - Reduced maintenance cost (warranty lists even fewer items to maintain) - Reduced repair likelihood (less complexity) and potential cost (we ve already had to replace the godforsaken door handles on Model S) - Easier to park navigate in tight spaces Overall I agree with OP. Model 3 is a tough car to test drive and not order even if you already have a Tesla.
You drive 30000 miles a year!?
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Do not test drive Model 3... Unless you are prepared to buy the car. Test drove a Model 3 today and after running the numbers ended up placing an order (LR RWD basic black EAP). The drive home in my 2015 Mazda3 really felt like driving an old beater (even though it is still in quite good condition for a car with 92 000 miles). The Tesla will be by far the nicest car I ve owned... the seats were so comfortable the acceleration addicting and well just everything. So excited to take delivery hope it is sooner rather than later.
Similar experience for me and I m coming from a 2016 Model S 90D. I absolutely love my Model S and there are things I think Model S does better than Model 3 (Bioweapon Defense Mode for one) but overall the Model 3 Performance won me over. Other advantages to Model 3: - Reduced insurance cost for us - Reduced maintenance cost (warranty lists even fewer items to maintain) - Reduced repair likelihood (less complexity) and potential cost (we ve already had to replace the godforsaken door handles on Model S) - Easier to park navigate in tight spaces Overall I agree with OP. Model 3 is a tough car to test drive and not order even if you already have a Tesla.
92 000.0 miles = 148 059.6 kilometres ^(1 mile = 1.61km) ^(I m a bot. Downvote to remove.) _____ ^| ^[Info](https: www.reddit.com user Bot_Metric comments 8lt7af i_am_a_bot ) ^| ^[PM](https: www.reddit.com message compose?to=Ttime5) ^| ^[Stats](https: www.reddit.com message compose?to=Bot_Metric&amp subject=stats&amp message=Send%20this%20message%20to%20get%20some%20stats!) ^| ^[Remove_from_this_subreddit](https: www.reddit.com message compose?to=Bot_Metric&amp subject=Blacklist%20this%20subreddit&amp message=teslamotors) ^| ^[Support_me](https: www.reddit.com user Bot_Metric comments 8lt9lf donate ) ^| ^[v.4.4.2](https: www.reddit.com user Bot_Metric comments 8o9vgz updates ) ^|
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[Discussion] AWD owners: Our day is coming. AWD owners: As a future AWD owner I think I can speak for all of us when I say that we need your support to overcome the onslaught of demoralizing P3D 0-60 drag racing and Holy Sh\\*t videos that we have to face down daily. Sure many of us are still waiting. But we are the rational ones. We are the quiet majority. We think a second is worth less than $10 000. And our day is coming. Where are our Holy Sh\\*t videos? Our drag races against The General Lee? Our 0-60 moment? Sure they might just be Holy Cr\\*p videos but don t we deserve at least an Oh My! ? That is all.
If it makes all of you feel better a friend of mine just picked up his regular AWD and said the 0-30 speed feels just as ‘wow and ‘head snapping as the P it just doesn t keep it up all the way to 60 like the P does. He said he s been having a Blast with it and he came from an S85D.
As someone who s finalized everything today for their AWD don t give up!!! Just waiting on delivery date now!
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[Discussion] AWD owners: Our day is coming. AWD owners: As a future AWD owner I think I can speak for all of us when I say that we need your support to overcome the onslaught of demoralizing P3D 0-60 drag racing and Holy Sh\\*t videos that we have to face down daily. Sure many of us are still waiting. But we are the rational ones. We are the quiet majority. We think a second is worth less than $10 000. And our day is coming. Where are our Holy Sh\\*t videos? Our drag races against The General Lee? Our 0-60 moment? Sure they might just be Holy Cr\\*p videos but don t we deserve at least an Oh My! ? That is all.
I stand here with you an ally from the people of the trusty Honda empire. A vehicle too reliable and valuable to scrap. A people too poor or cheap to fund an uprising. We too wait for the inevitable rebellion of the used car market. It will go down in history as the time the little man won his war against the mighty oppressors. STAND YOUR GROUND. FOR WE NEED YOUR USED VEHICLES TO BE LESS FEATURED!
Agree … but part of me knows that the way I tend to hold onto my cars coupled with ev longevity means this is my only chance to go fast!!!
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[Discussion] AWD owners: Our day is coming. AWD owners: As a future AWD owner I think I can speak for all of us when I say that we need your support to overcome the onslaught of demoralizing P3D 0-60 drag racing and Holy Sh\\*t videos that we have to face down daily. Sure many of us are still waiting. But we are the rational ones. We are the quiet majority. We think a second is worth less than $10 000. And our day is coming. Where are our Holy Sh\\*t videos? Our drag races against The General Lee? Our 0-60 moment? Sure they might just be Holy Cr\\*p videos but don t we deserve at least an Oh My! ? That is all.
I stand here with you an ally from the people of the trusty Honda empire. A vehicle too reliable and valuable to scrap. A people too poor or cheap to fund an uprising. We too wait for the inevitable rebellion of the used car market. It will go down in history as the time the little man won his war against the mighty oppressors. STAND YOUR GROUND. FOR WE NEED YOUR USED VEHICLES TO BE LESS FEATURED!
As someone who s finalized everything today for their AWD don t give up!!! Just waiting on delivery date now!
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Faster Model 3 Coming in Q1 2019 Elon mentioned in the last quarterly conference call that they are working on an improved battery pack that will be lighter better cheaper . Lighter cars with the same power capability are faster cars. See line 779 of http: pasteall.org 1049829 : Just having that very rapid iteration between design and production is incredibly helpful and we understand for example what are the rate limiters what makes it hard to produce battery modules. We came up with a new design that achieves the same outcome that s actually lighter better cheaper and will be introducing that around the end of this year probably reach volume production on that in Q1 or something. That will make the car lighter better and cheaper and achieve a higher range. That line is under construction will be active in about six months. Elon is also currently working at the body shop to make the body lighter so we expect progressively faster Model 3s cars to come off the line in the second half. See line 667 of link above: Yeah we can really simplify the body shop man. Wow. And there s a lot that we can really easily improve like design to manufacturing and changing some of the joining approaches that we use and actually making the car lighter cheaper and better and actually stabler. Yeah it s really (55:20) safe already but yeah. We can expect the new Model 3 battery technology to eventually make it into the Model S X as well once they get ahead fo their cell production bottleneck constraints.
Two things. Lighter or more dense power could result in Tesla being able to reduce weight and ALSO battery capacity while retaining the same speed and range. A lighter car doesn t have to automatically mean it s the same size pack while being lighter. There s a reason they stopped using pack size as their model identifiers. They can reduce pack size and keep performance stable without pissing people off or think they re getting a “lesser” model. Second even if the cars are more capable and lighter the smart money right now says that even the current models are slightly gimped by software meaning they are more physically capable than the software allows them to be to prevent them from being TOO good. So even if the new models next year could do better odds are Tesla would maintain similar performance metrics until time comes for a Model 3 refresh.
Nice. So I ll get the new AP hardware and the faster M3 🤗
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$TSLA Daily Investor Discussion - August 13 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Matt Levine has posted a really good (imo) [update](https: www.bloomberg.com view articles 2018-08-13 funding-for-elon-musk-s-tesla-buyout-wasn-t-so-secure) on the situation and Musk s obsession with going private. &gt If Musk wants to find a widespread pool of investors willing to take a gamble on his vision for Tesla *he has (already) found them*. I think the whole debacle is just uggghh why would Musk have tweeted that! . It would have been nice if there were some lawyers or financial officers between Musk and his Twitter. Unfortunately the regulators and or suing plaintiffs might have a pretty decent case against Musk with him saying he wanted to squeeze short sellers.
Can some informed investors give me some likely TSLA doomsday scenarios? I m totally uninformed. But I totally believe in Tesla and I m thinking about waiting for the next price drop and investing. But I m trying to figure out what the worst-case scenarios are for this investment. On the one side Tesla seems to be one large manufacturing mistake mass recall event SEC violation away from bankruptcy on the other hand they have huge assets and a waiting demand. Should something bad happen are they much more likely to be absorbed by GM or the like?
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$TSLA Daily Investor Discussion - August 13 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Matt Levine has posted a really good (imo) [update](https: www.bloomberg.com view articles 2018-08-13 funding-for-elon-musk-s-tesla-buyout-wasn-t-so-secure) on the situation and Musk s obsession with going private. &gt If Musk wants to find a widespread pool of investors willing to take a gamble on his vision for Tesla *he has (already) found them*. I think the whole debacle is just uggghh why would Musk have tweeted that! . It would have been nice if there were some lawyers or financial officers between Musk and his Twitter. Unfortunately the regulators and or suing plaintiffs might have a pretty decent case against Musk with him saying he wanted to squeeze short sellers.
Leaving the 350s forever?
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$TSLA Daily Investor Discussion - August 13 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Matt Levine has posted a really good (imo) [update](https: www.bloomberg.com view articles 2018-08-13 funding-for-elon-musk-s-tesla-buyout-wasn-t-so-secure) on the situation and Musk s obsession with going private. &gt If Musk wants to find a widespread pool of investors willing to take a gamble on his vision for Tesla *he has (already) found them*. I think the whole debacle is just uggghh why would Musk have tweeted that! . It would have been nice if there were some lawyers or financial officers between Musk and his Twitter. Unfortunately the regulators and or suing plaintiffs might have a pretty decent case against Musk with him saying he wanted to squeeze short sellers.
Pre-market is up...
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Had to Make a Tough Decision Hello all Forgive my indulgence if you would. I placed my reservation for a TM3 back in February and since then it s been foremost on my mind. I got the opportunity to order (RWD long-range red EAP) in June and have been checking my order page for a VIN multiple times per day since then. During that time a lot of things have changed in my life with my wonderful fiancee (looking for a new house my going back to school changing careers and getting married) which means we re needing to make some sacrifices. With everything we have going on the Tesla was the most logical thing to get sacrificed and I ve now officially asked for a refund on my deposit. It s not only disappointing because I won t be getting this beautiful car (and it is so so disappointing) I am also sorry that my money will no longer be going towards supporting a company I fully believe in and want to help. For what it s worth the guy I spoke to on the phone while I was asking for a refund was awesome. I explained my situation and he totally understood. He spoke to me like a human being who cared and said what s most important is for you guys to get yourselves sorted out . It might sound silly but he made me feel a bit better about the whole thing. I ll be buying a Model 3 in the not-too-distant future for all kinds of reasons the way the company has treated me in the last several months is definitely one of them. If this post is too whiny or first-world-problems-y then I m sorry. I just wanted to express how I m feeling. Feel free to ignore it all. I hope you lot are either loving your cars or soon to be happy owners. Drive safely. *edited for formatting **edit 2: you guys are all lovely.
For what this comment is worth- you made the right decision. Tesla the brand aside... way to many people are making horrible financial decisions with vehicles these days. It s extremely concerning even with some of the comments you read in this sub. It s refreshing to see someone who is understanding of what they re getting into and realizing when to say no . Good for you. Great decision on your end. Good luck to you and the SO moving forward. There will always be another opportunity. As a side note - If you can t afford to pay the car off in 3-4 years MAX. You shouldn t purchase the car. These standard 72 mo financing is nonsense. Don t do it.
Hey did you get back all of your deposits when you canceled or did you lose the first $2 500
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Had to Make a Tough Decision Hello all Forgive my indulgence if you would. I placed my reservation for a TM3 back in February and since then it s been foremost on my mind. I got the opportunity to order (RWD long-range red EAP) in June and have been checking my order page for a VIN multiple times per day since then. During that time a lot of things have changed in my life with my wonderful fiancee (looking for a new house my going back to school changing careers and getting married) which means we re needing to make some sacrifices. With everything we have going on the Tesla was the most logical thing to get sacrificed and I ve now officially asked for a refund on my deposit. It s not only disappointing because I won t be getting this beautiful car (and it is so so disappointing) I am also sorry that my money will no longer be going towards supporting a company I fully believe in and want to help. For what it s worth the guy I spoke to on the phone while I was asking for a refund was awesome. I explained my situation and he totally understood. He spoke to me like a human being who cared and said what s most important is for you guys to get yourselves sorted out . It might sound silly but he made me feel a bit better about the whole thing. I ll be buying a Model 3 in the not-too-distant future for all kinds of reasons the way the company has treated me in the last several months is definitely one of them. If this post is too whiny or first-world-problems-y then I m sorry. I just wanted to express how I m feeling. Feel free to ignore it all. I hope you lot are either loving your cars or soon to be happy owners. Drive safely. *edited for formatting **edit 2: you guys are all lovely.
For what this comment is worth- you made the right decision. Tesla the brand aside... way to many people are making horrible financial decisions with vehicles these days. It s extremely concerning even with some of the comments you read in this sub. It s refreshing to see someone who is understanding of what they re getting into and realizing when to say no . Good for you. Great decision on your end. Good luck to you and the SO moving forward. There will always be another opportunity. As a side note - If you can t afford to pay the car off in 3-4 years MAX. You shouldn t purchase the car. These standard 72 mo financing is nonsense. Don t do it.
Nothing wrong at all for making adjustments in your life to forego the short-term for the long term. Kudos for you knowing which is which and which is more important. :)
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Had to Make a Tough Decision Hello all Forgive my indulgence if you would. I placed my reservation for a TM3 back in February and since then it s been foremost on my mind. I got the opportunity to order (RWD long-range red EAP) in June and have been checking my order page for a VIN multiple times per day since then. During that time a lot of things have changed in my life with my wonderful fiancee (looking for a new house my going back to school changing careers and getting married) which means we re needing to make some sacrifices. With everything we have going on the Tesla was the most logical thing to get sacrificed and I ve now officially asked for a refund on my deposit. It s not only disappointing because I won t be getting this beautiful car (and it is so so disappointing) I am also sorry that my money will no longer be going towards supporting a company I fully believe in and want to help. For what it s worth the guy I spoke to on the phone while I was asking for a refund was awesome. I explained my situation and he totally understood. He spoke to me like a human being who cared and said what s most important is for you guys to get yourselves sorted out . It might sound silly but he made me feel a bit better about the whole thing. I ll be buying a Model 3 in the not-too-distant future for all kinds of reasons the way the company has treated me in the last several months is definitely one of them. If this post is too whiny or first-world-problems-y then I m sorry. I just wanted to express how I m feeling. Feel free to ignore it all. I hope you lot are either loving your cars or soon to be happy owners. Drive safely. *edited for formatting **edit 2: you guys are all lovely.
For what this comment is worth- you made the right decision. Tesla the brand aside... way to many people are making horrible financial decisions with vehicles these days. It s extremely concerning even with some of the comments you read in this sub. It s refreshing to see someone who is understanding of what they re getting into and realizing when to say no . Good for you. Great decision on your end. Good luck to you and the SO moving forward. There will always be another opportunity. As a side note - If you can t afford to pay the car off in 3-4 years MAX. You shouldn t purchase the car. These standard 72 mo financing is nonsense. Don t do it.
I seriously doubt or at least hope that noone is gonna hate you for trying to improve you and your fiancees life. Good luck with the new school😁
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My impression of the Performance Model 3 coming from an F80 M3 driver. I test drove the Tesla Model 3 Performance (P3D) over the weekend since I was seriously considering it as my next DD. Here are some of my impressions. [I gave a review](https: www.reddit.com r teslamotors comments 85ajxa a_detailed_review_of_model_3_from_a_m3_owner ) of the LR Model 3 before so I m not going to cover areas such as interior tech or Auto Pilot as those remain the same with P3D. This post will be focused on driving dynamics. **Background**: I currently daily drive an [F80 M3](https: i.imgur.com 2v3R8Dj.jpg) which according to Elon was the benchmark when Tesla was developing the Performance Model 3. I ve also had some experiences with the other cars in this segment but nothing too extensive. **Disclaimer**: This post isn t meant to be an objective analysis of the car. I m neither a professional journalist nor do I have extensive track experiences. All following opinions are personal and are formed from a 25 mins long spirited (but within safety limit) test drive session on public road. If you aren t interested or don t find this useful feel free to downvote and move on :) **Drivetrain:** Without a doubt the best part of this car and for many the sole reason for buying a Tesla. As expected it s lighting quick and gives you the uncomfortable feeling from acceleration just like the other Performance Teslas. What also impressed me was the state of the art traction control and how easy it was to put the power down. On a not-perfectly-paved public street I think the P3D can reach 30mph before my M3 can even grab traction. For stoplight drag races or zooming around the town the P3D will curb stomp any competition in this class (or even ICE cars from classes above) any day of the week and twice on Sundays. At 40-50mph+ the magic wears off a little and I think my M3 is a bit quicker from that point on simply due to better power weight ratio but it s still way faster than anyone s daily needs. Oh did I mention how easy it was to abuse this power? No downshift no launch control just jab the throttle. You can do it repeatedly like turning on off a light switch. The beauty of EV at its best which makes it a much better daily driver in traffic than my M3 as well (ok tbf due to that DCT even a Prius is better than my M3 for daily traffic). But for people who are into cars they know M3 isn t known for drag races which brings us to: **Steering:** I really enjoyed the steering of the LR Model 3. The P3D is *definitely* differently tuned from the base version. The steering ratio felt quicker and most noticeably the steering weight was **heavy** in Sport Mode. It felt even heavier than M3 s Sport+ mode which is commonly criticized for being artificially weighty. Although the steering was quick and precise unfortunately it offered a lot less feedback when compared to my M3. My gut feeling is that unlike the M3 the P3D uses the exact same hardware setup for steering as the regular Model 3 but with different software tuning for weight. It s quite good but half a notch below the best in this class. **Handling:** The upgrade in tires from the LR Model 3 made a *huge* difference here. While the base version didn t have much body roll the car would start to slide like a dead penguin on ice when pushed closer to its limit (and the limit was quite easy to reach even on public roads). The P3D actually comes with the same tires as my M3 and I can now safely say nobody should have any real issue with the handling traction on public roads. However the car is heavy and the weight was constantly felt. My M3 has been feeling like a minivan ever since I drove a Porsche 911 GTS with all wheel steering a couple weeks ago but after driving the P3D i truly appreciated again how light my M3 feels. In addition to the chassis not giving much feedback the car just feels less lively and playful. It s highly capable (and I wouldn t be surprised if it s faster than the M3 on shorter tracks) but quite a bit more sterile as far as driving experiences go. This is mainly the reason I think I ll still enjoy my M3 a lot more on [Skyline Blvd](https: upload.wikimedia.org wikipedia commons 1 18 San_Francisco_Bay_Area_Skyline_Blvd.jpg). Oh btw even though I m not sure how this car will do on the track I have a feeling it will be an auto cross monster. **The Whole Package:** But the big question is is the car worth the $10-15k premium over the non-P AWD Model 3? A bit of comparison here BMW charges about the same for a M3 over a 340i. But for that price you get not just faster bigger engine you get completely different suspension and steering hardware way better brakes carbon fiber roof best leather interior BMW offers along with the best sport seats and not a single body panel is shared between the M3 and a regular 3 series. It looks and *feels* special inside out. The P3D however doesn t feel (or even look) much different from a LR Model 3 when you are not flooring the car. My Sales Advisor even had trouble finding the car in the lot amid a bunch of other Model 3s. So it s almost like the whole premium is for the acceleration performance (and the better tires if you get the Performance Package). To me it s not a very good value proposition especially since users are reporting the AWD Model 3s feel just as quick in 0-30ish but for many who just want the best acceleration money can buy at this price range then it s still unbeatable. It s a fantastic car not perfect by any stretch and does not fully capture the appeal of a M3 or an Alfa Romeo GF (I ll still take the latter 2 on a nice weekend). But if I can only own one car at a time the P3D would be the way to go. But personally I am leaning toward non-P dual motor one and save $10-15k. That should be enough to get me heated and powered seats on the Porsche 718GTS I ve been configuring for a while now... **EDIT:** Oh I forgot to mention the P3D can really *really* use a HUD. When you can go from 0-jail in like 4 seconds you really don t want to have to take your eyes off the road to look at the speedo while taking a turn at [censored] mph.
Thank you. It s nice to hear reviews from people that actual own cars in the same class instead of trading up from something like a Leaf.
Wait till you get the VDC-enabled Performance AWD.
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My impression of the Performance Model 3 coming from an F80 M3 driver. I test drove the Tesla Model 3 Performance (P3D) over the weekend since I was seriously considering it as my next DD. Here are some of my impressions. [I gave a review](https: www.reddit.com r teslamotors comments 85ajxa a_detailed_review_of_model_3_from_a_m3_owner ) of the LR Model 3 before so I m not going to cover areas such as interior tech or Auto Pilot as those remain the same with P3D. This post will be focused on driving dynamics. **Background**: I currently daily drive an [F80 M3](https: i.imgur.com 2v3R8Dj.jpg) which according to Elon was the benchmark when Tesla was developing the Performance Model 3. I ve also had some experiences with the other cars in this segment but nothing too extensive. **Disclaimer**: This post isn t meant to be an objective analysis of the car. I m neither a professional journalist nor do I have extensive track experiences. All following opinions are personal and are formed from a 25 mins long spirited (but within safety limit) test drive session on public road. If you aren t interested or don t find this useful feel free to downvote and move on :) **Drivetrain:** Without a doubt the best part of this car and for many the sole reason for buying a Tesla. As expected it s lighting quick and gives you the uncomfortable feeling from acceleration just like the other Performance Teslas. What also impressed me was the state of the art traction control and how easy it was to put the power down. On a not-perfectly-paved public street I think the P3D can reach 30mph before my M3 can even grab traction. For stoplight drag races or zooming around the town the P3D will curb stomp any competition in this class (or even ICE cars from classes above) any day of the week and twice on Sundays. At 40-50mph+ the magic wears off a little and I think my M3 is a bit quicker from that point on simply due to better power weight ratio but it s still way faster than anyone s daily needs. Oh did I mention how easy it was to abuse this power? No downshift no launch control just jab the throttle. You can do it repeatedly like turning on off a light switch. The beauty of EV at its best which makes it a much better daily driver in traffic than my M3 as well (ok tbf due to that DCT even a Prius is better than my M3 for daily traffic). But for people who are into cars they know M3 isn t known for drag races which brings us to: **Steering:** I really enjoyed the steering of the LR Model 3. The P3D is *definitely* differently tuned from the base version. The steering ratio felt quicker and most noticeably the steering weight was **heavy** in Sport Mode. It felt even heavier than M3 s Sport+ mode which is commonly criticized for being artificially weighty. Although the steering was quick and precise unfortunately it offered a lot less feedback when compared to my M3. My gut feeling is that unlike the M3 the P3D uses the exact same hardware setup for steering as the regular Model 3 but with different software tuning for weight. It s quite good but half a notch below the best in this class. **Handling:** The upgrade in tires from the LR Model 3 made a *huge* difference here. While the base version didn t have much body roll the car would start to slide like a dead penguin on ice when pushed closer to its limit (and the limit was quite easy to reach even on public roads). The P3D actually comes with the same tires as my M3 and I can now safely say nobody should have any real issue with the handling traction on public roads. However the car is heavy and the weight was constantly felt. My M3 has been feeling like a minivan ever since I drove a Porsche 911 GTS with all wheel steering a couple weeks ago but after driving the P3D i truly appreciated again how light my M3 feels. In addition to the chassis not giving much feedback the car just feels less lively and playful. It s highly capable (and I wouldn t be surprised if it s faster than the M3 on shorter tracks) but quite a bit more sterile as far as driving experiences go. This is mainly the reason I think I ll still enjoy my M3 a lot more on [Skyline Blvd](https: upload.wikimedia.org wikipedia commons 1 18 San_Francisco_Bay_Area_Skyline_Blvd.jpg). Oh btw even though I m not sure how this car will do on the track I have a feeling it will be an auto cross monster. **The Whole Package:** But the big question is is the car worth the $10-15k premium over the non-P AWD Model 3? A bit of comparison here BMW charges about the same for a M3 over a 340i. But for that price you get not just faster bigger engine you get completely different suspension and steering hardware way better brakes carbon fiber roof best leather interior BMW offers along with the best sport seats and not a single body panel is shared between the M3 and a regular 3 series. It looks and *feels* special inside out. The P3D however doesn t feel (or even look) much different from a LR Model 3 when you are not flooring the car. My Sales Advisor even had trouble finding the car in the lot amid a bunch of other Model 3s. So it s almost like the whole premium is for the acceleration performance (and the better tires if you get the Performance Package). To me it s not a very good value proposition especially since users are reporting the AWD Model 3s feel just as quick in 0-30ish but for many who just want the best acceleration money can buy at this price range then it s still unbeatable. It s a fantastic car not perfect by any stretch and does not fully capture the appeal of a M3 or an Alfa Romeo GF (I ll still take the latter 2 on a nice weekend). But if I can only own one car at a time the P3D would be the way to go. But personally I am leaning toward non-P dual motor one and save $10-15k. That should be enough to get me heated and powered seats on the Porsche 718GTS I ve been configuring for a while now... **EDIT:** Oh I forgot to mention the P3D can really *really* use a HUD. When you can go from 0-jail in like 4 seconds you really don t want to have to take your eyes off the road to look at the speedo while taking a turn at [censored] mph.
Thank you. It s nice to hear reviews from people that actual own cars in the same class instead of trading up from something like a Leaf.
Did you try out the audio system again? Many people in your previous review said you probably got a faulty audio system because you said it was so bad. Can you confirm this? Or was it just as bad this time?
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My impression of the Performance Model 3 coming from an F80 M3 driver. I test drove the Tesla Model 3 Performance (P3D) over the weekend since I was seriously considering it as my next DD. Here are some of my impressions. [I gave a review](https: www.reddit.com r teslamotors comments 85ajxa a_detailed_review_of_model_3_from_a_m3_owner ) of the LR Model 3 before so I m not going to cover areas such as interior tech or Auto Pilot as those remain the same with P3D. This post will be focused on driving dynamics. **Background**: I currently daily drive an [F80 M3](https: i.imgur.com 2v3R8Dj.jpg) which according to Elon was the benchmark when Tesla was developing the Performance Model 3. I ve also had some experiences with the other cars in this segment but nothing too extensive. **Disclaimer**: This post isn t meant to be an objective analysis of the car. I m neither a professional journalist nor do I have extensive track experiences. All following opinions are personal and are formed from a 25 mins long spirited (but within safety limit) test drive session on public road. If you aren t interested or don t find this useful feel free to downvote and move on :) **Drivetrain:** Without a doubt the best part of this car and for many the sole reason for buying a Tesla. As expected it s lighting quick and gives you the uncomfortable feeling from acceleration just like the other Performance Teslas. What also impressed me was the state of the art traction control and how easy it was to put the power down. On a not-perfectly-paved public street I think the P3D can reach 30mph before my M3 can even grab traction. For stoplight drag races or zooming around the town the P3D will curb stomp any competition in this class (or even ICE cars from classes above) any day of the week and twice on Sundays. At 40-50mph+ the magic wears off a little and I think my M3 is a bit quicker from that point on simply due to better power weight ratio but it s still way faster than anyone s daily needs. Oh did I mention how easy it was to abuse this power? No downshift no launch control just jab the throttle. You can do it repeatedly like turning on off a light switch. The beauty of EV at its best which makes it a much better daily driver in traffic than my M3 as well (ok tbf due to that DCT even a Prius is better than my M3 for daily traffic). But for people who are into cars they know M3 isn t known for drag races which brings us to: **Steering:** I really enjoyed the steering of the LR Model 3. The P3D is *definitely* differently tuned from the base version. The steering ratio felt quicker and most noticeably the steering weight was **heavy** in Sport Mode. It felt even heavier than M3 s Sport+ mode which is commonly criticized for being artificially weighty. Although the steering was quick and precise unfortunately it offered a lot less feedback when compared to my M3. My gut feeling is that unlike the M3 the P3D uses the exact same hardware setup for steering as the regular Model 3 but with different software tuning for weight. It s quite good but half a notch below the best in this class. **Handling:** The upgrade in tires from the LR Model 3 made a *huge* difference here. While the base version didn t have much body roll the car would start to slide like a dead penguin on ice when pushed closer to its limit (and the limit was quite easy to reach even on public roads). The P3D actually comes with the same tires as my M3 and I can now safely say nobody should have any real issue with the handling traction on public roads. However the car is heavy and the weight was constantly felt. My M3 has been feeling like a minivan ever since I drove a Porsche 911 GTS with all wheel steering a couple weeks ago but after driving the P3D i truly appreciated again how light my M3 feels. In addition to the chassis not giving much feedback the car just feels less lively and playful. It s highly capable (and I wouldn t be surprised if it s faster than the M3 on shorter tracks) but quite a bit more sterile as far as driving experiences go. This is mainly the reason I think I ll still enjoy my M3 a lot more on [Skyline Blvd](https: upload.wikimedia.org wikipedia commons 1 18 San_Francisco_Bay_Area_Skyline_Blvd.jpg). Oh btw even though I m not sure how this car will do on the track I have a feeling it will be an auto cross monster. **The Whole Package:** But the big question is is the car worth the $10-15k premium over the non-P AWD Model 3? A bit of comparison here BMW charges about the same for a M3 over a 340i. But for that price you get not just faster bigger engine you get completely different suspension and steering hardware way better brakes carbon fiber roof best leather interior BMW offers along with the best sport seats and not a single body panel is shared between the M3 and a regular 3 series. It looks and *feels* special inside out. The P3D however doesn t feel (or even look) much different from a LR Model 3 when you are not flooring the car. My Sales Advisor even had trouble finding the car in the lot amid a bunch of other Model 3s. So it s almost like the whole premium is for the acceleration performance (and the better tires if you get the Performance Package). To me it s not a very good value proposition especially since users are reporting the AWD Model 3s feel just as quick in 0-30ish but for many who just want the best acceleration money can buy at this price range then it s still unbeatable. It s a fantastic car not perfect by any stretch and does not fully capture the appeal of a M3 or an Alfa Romeo GF (I ll still take the latter 2 on a nice weekend). But if I can only own one car at a time the P3D would be the way to go. But personally I am leaning toward non-P dual motor one and save $10-15k. That should be enough to get me heated and powered seats on the Porsche 718GTS I ve been configuring for a while now... **EDIT:** Oh I forgot to mention the P3D can really *really* use a HUD. When you can go from 0-jail in like 4 seconds you really don t want to have to take your eyes off the road to look at the speedo while taking a turn at [censored] mph.
Thank you. It s nice to hear reviews from people that actual own cars in the same class instead of trading up from something like a Leaf.
I really appreciate your write-ups on the 3 versus the M3. This made me feel better about not springing for a more expensive 3.
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Model 3 order placed on 8 10 delivery scheduled for 8 20 A bit surprised at the speed of it all but I placed order on last Friday 8 10 and got email that afternoon asking to confirm order details then on the following Monday morning got an email with delivery date of 8 20. Someone is going to drive it to my address for pickup. I live close to Fremont factory (within 10min drive) so that may have something to do with the speed or maybe I just got lucky. Ordered rear wheel drive LR with EAP. I don t know if it s actually gonna show up on that day or just get delayed but anyways fingers crossed!
Yeah they re sitting on a bunch of RWDs
That s awesome news. Congrats. It s not fast for all of us. Many are still waiting after having ordered in May or June.
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PSA: when you see deep water on the road drive slow ...or go a different way that doesn t have water. Just wanted to add some facts to the FUD on rain pulling off bumpers. I (stupidly) drove through some water that fully obscured the road didn t know how deep it was. Probably at least half the wheel height looking back and even though I slowed down to avoid hydroplaning I was still probably doing 20-30 mph. After I got on the highway I could hear something dragging along with the car. Pulled off next exit saw that it was a bottom panel underneath the battery. Took it to the service center next day they noticed that the rear bumper fascia was also coming off although the guy inspecting it was able to pop the bottom panel back in with his hand in like 10 seconds. Dropped off Thursday (walk-in appointment was not required but I think it helped that I called ahead) ready by end of day today (Monday) no charge plus a P85+ loaner firmware update free wash &amp supercharge. Overall a very nice first service experience I also appreciated that they handled all the communication by text. So yes drive slow in water (I think I ll shoot for &lt 5mph). Yes the repair was covered under warranty even though it was more or less my fault. No I didn t spend 3 months waiting for parts.
Sorry this happened OP. Water is dangerous to drive through for so many reasons and body damage is just one of them. Sounds like things are working out to your satisfaction but still sucks. Hopefully Tesla find a way to address this because I think there are a lot of people that don t fully understand the power of water at speed.
Still though the car shouldn t be falling apart in multiple places just because you drove through some water....
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Model 3 has impressive Wh mi numbers Just back from a 1300+ mile road trip in our Model 3 (LR RWD 18” Aero wheels.) Started and finished in the same place going from sea level to over 5 000 feet with many hills throughout the journey and lots of EAP use. Was quite impressed with the trip Wh mi of 220 and a lifetime 226 in the month and nearly 2500 miles we have had the car. [Trip and “All time” numbers](https: m.imgur.com OXEABcj) How do your numbers look?
Model 3 LR w aero wheels. 188 Wh mi after 1800 miles of mostly city driving. Taking my first road trip at the end of the month. Curious to see how it does with highway driving.
On my leaf its given in miles kwh and i get 4.2 (230w mile). Impressive considering model 3 is bigger.
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Saved by Speed I drive a model 3. I had never really desired a fast car. It was just a nice feature of an electric car for me. It s rare to find me doing more than 5 mph over the limit. Today I was slowly accelerating from 0 after my light turned green. T intersection. I m on the road that is ending turning left. Suddenly I realized I was about to get T-boned by an SUV severely running his (?) red light and not slowing down or changing direction. Guessing speed was 40-45 mph. I slammed on the throttle and was able to dodge a collision. Don t need to tell anyone on this sub how responsive the throttle on Model 3 is. SUV continued on with no sign that the driver had any awareness of what just happened. I don t know how close it was exactly but fairly safe to say that if I was in any of my previous cars I wouldn t have avoided a crash.
Won t hear about this on the evening news. Glad you and your car are fine.
Super awesome! EV is a superior drivetrain technology. Instant torque is a lot more fun and occasionally it saves someone s butt. Glad you were in that superior tech vehicle!!!
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Saved by Speed I drive a model 3. I had never really desired a fast car. It was just a nice feature of an electric car for me. It s rare to find me doing more than 5 mph over the limit. Today I was slowly accelerating from 0 after my light turned green. T intersection. I m on the road that is ending turning left. Suddenly I realized I was about to get T-boned by an SUV severely running his (?) red light and not slowing down or changing direction. Guessing speed was 40-45 mph. I slammed on the throttle and was able to dodge a collision. Don t need to tell anyone on this sub how responsive the throttle on Model 3 is. SUV continued on with no sign that the driver had any awareness of what just happened. I don t know how close it was exactly but fairly safe to say that if I was in any of my previous cars I wouldn t have avoided a crash.
Won t hear about this on the evening news. Glad you and your car are fine.
Shhhh shhhh. Glad you re safe
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Saved by Speed I drive a model 3. I had never really desired a fast car. It was just a nice feature of an electric car for me. It s rare to find me doing more than 5 mph over the limit. Today I was slowly accelerating from 0 after my light turned green. T intersection. I m on the road that is ending turning left. Suddenly I realized I was about to get T-boned by an SUV severely running his (?) red light and not slowing down or changing direction. Guessing speed was 40-45 mph. I slammed on the throttle and was able to dodge a collision. Don t need to tell anyone on this sub how responsive the throttle on Model 3 is. SUV continued on with no sign that the driver had any awareness of what just happened. I don t know how close it was exactly but fairly safe to say that if I was in any of my previous cars I wouldn t have avoided a crash.
Won t hear about this on the evening news. Glad you and your car are fine.
I had a similar experience a couple weeks ago. I started across an intersection with the light just changed to green and a car came from the cross street at high speed not stopping or slowing down for his red light. Same reaction same results except that I know he missed me by a couple inches off the rear left side... because my teenage son was in the rear seat behind the driver seat and saw the other car (very) up close and personal. Very close call. It would have been a nasty accident in any gas-powered car.
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I cancelled my AWD to AWD-P 3 change request. Here s why: So I was on the bandwagon for a Performance Model 3 and then decided to jump off. I wanted express why to help others with similar decisions. I ordered the AWD 3 before the price increase. $1k paint $4k dual motor. I submitted a change request to upgrade to the Performance Dual Motor. +$11k +free super charging. I just recently cancelled that change request. Here s why: At first I thought how cool would it be to have a car that fast that s practical and amazing in all other ways. 3.5s is almost super sport fast. I had to do it. This goes against my frugal nature. I was pretty conflicted for a while. I tried to justify is by getting free super charging and exclaiming that I would keep the car for at least 15 years (like my current car). Also there was a slight chance I could use my referral code for myself and get a free charger (I really like the matte black charger). In the end my frugal super ego won out. Let s be honest supercharging is cheap. Each charge costs ~$15 (in my area). Electricity will also get cheaper in the future as more renewables come online. Unless you re gonna supercharge as part of a commute or go on several long road trips a year it s going to be hard to make up half the difference in cost of upgrading to a P. I fall in that camp. 3.5s in 0-60 is unnecessary and a novelty. I m also don t want to that guy that gloats about it. Sure it sounds fun but so does 0-60 in 4.5s and I m sure I ll enjoy it as much. The only practical way I would take advantage of 0-60 in 3.5s is by driving up to speed after being stopped on a highway shoulder or by passing a car on the highway. Honestly I don t think a P in either scenario would be enough of a difference to make a “practical difference”. Who knows how much faster a AWD-P would be over a AWD when accelerating past 60 70mph. I doubt it s as significant as 0-60. I m a little skeptical that the AWD is being software limited between 0-30. It s kinda ridiculous that a $35k version of a car can cost $80k. Seems grotesque to me. It doesn t even have bioweapon defense mode ) In terms of the performance premium package lowering my car probably isn t a good thing in Colorado so I wouldn t get them anyways. Big wheels are more prone to pothole damage. Bigger brakes don t matter unless you re on a track. Plus we know [the 19” wheels makes a noticeable impact on performance](https: youtu.be wLsM5n288qk) and they only cost $1 500. So there you have it. AWD is in a practical sense as valuable as a P s better acceleration and costs a lot less money. I d rather put the money towards a second Tesla for my wife. Thoughts? Disagreements? Agreements? **Update:** Some redditters mentioned that they drove both the AWD and AWD-P and found the AWD-P to maintain superior acceleration even at high speeds. This does in fact add a lot of value for me. I live in the mountains and frequently have to pass slow trucks going up hill with a turn coming up. Being able to pass the truck with enough time to get back in the lane before I lose visibility of the road from a turn up ahead means a lot to me. Very good to know! Also the suspension drops from 5.5” to 5.1”. I guess that s not terrible. The 20” wheels do seem impractical though but I do love the look! Especially with the sexy red calipers behind them. **Update:** This [AWD vs AWD-P drag race](https: www.reddit.com r teslamotors comments 98b0x2 3d_vs_p3d_14_mile_at_a_track_not_my_video_the_3d ?st=JL0DE71N&amp amp sh=1b2418d3) confirms my suspicion that the AWD is just as fast as the AWD-P at speeds of ~45+mph
Lol. I love all of you fellow Tesla fans and I don t mean to laugh. But these post comparing the speed of the 3 cars and trying to rationalize the purchase based on speed crack me up. As someone that has owned over 25 cars 3 sport bikes and spent a lot of time at a drag strip. I can 100% tell you all 3 of these cars are FAST. A PRIUS has a 0-60 of 10.5 seconds. You don t hear of many Prius owners getting rear ended all the time because their car is too slow. The RWD consistent 0-60 time of under 5 seconds is faster that actual real world PERORMANCE of Many v8 muscle cars. You need to remember that when they give a 0 to 60 time for a sports car with a five speed or six speed manual transmission that 0 to 60 time is not something an ordinary person on a regular Road can achieve.. it takes special track to get that time. I could never get the “official” 0-60 times from any v8 manual car I ever owned. We still would brag about those times though LOL These cars should be listed as RWD: very fast AWD: extremely fast P3D: DANGEROUSLY fast My main point in all of this is no one ever should spend more than two minutes worrying about how fast their model three is or is not. And buy the p3d if you are rich and wanna go to the track. End of story
Seems reasonable since P cars seem to depreciate faster than the standard models and two is better than one. However Teslas still feel a bit soft when accelerating in the 50-70 range so more power is still useful in normal driving. I m hoping the SR AWD isn t too far off my old STI in that department.
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I cancelled my AWD to AWD-P 3 change request. Here s why: So I was on the bandwagon for a Performance Model 3 and then decided to jump off. I wanted express why to help others with similar decisions. I ordered the AWD 3 before the price increase. $1k paint $4k dual motor. I submitted a change request to upgrade to the Performance Dual Motor. +$11k +free super charging. I just recently cancelled that change request. Here s why: At first I thought how cool would it be to have a car that fast that s practical and amazing in all other ways. 3.5s is almost super sport fast. I had to do it. This goes against my frugal nature. I was pretty conflicted for a while. I tried to justify is by getting free super charging and exclaiming that I would keep the car for at least 15 years (like my current car). Also there was a slight chance I could use my referral code for myself and get a free charger (I really like the matte black charger). In the end my frugal super ego won out. Let s be honest supercharging is cheap. Each charge costs ~$15 (in my area). Electricity will also get cheaper in the future as more renewables come online. Unless you re gonna supercharge as part of a commute or go on several long road trips a year it s going to be hard to make up half the difference in cost of upgrading to a P. I fall in that camp. 3.5s in 0-60 is unnecessary and a novelty. I m also don t want to that guy that gloats about it. Sure it sounds fun but so does 0-60 in 4.5s and I m sure I ll enjoy it as much. The only practical way I would take advantage of 0-60 in 3.5s is by driving up to speed after being stopped on a highway shoulder or by passing a car on the highway. Honestly I don t think a P in either scenario would be enough of a difference to make a “practical difference”. Who knows how much faster a AWD-P would be over a AWD when accelerating past 60 70mph. I doubt it s as significant as 0-60. I m a little skeptical that the AWD is being software limited between 0-30. It s kinda ridiculous that a $35k version of a car can cost $80k. Seems grotesque to me. It doesn t even have bioweapon defense mode ) In terms of the performance premium package lowering my car probably isn t a good thing in Colorado so I wouldn t get them anyways. Big wheels are more prone to pothole damage. Bigger brakes don t matter unless you re on a track. Plus we know [the 19” wheels makes a noticeable impact on performance](https: youtu.be wLsM5n288qk) and they only cost $1 500. So there you have it. AWD is in a practical sense as valuable as a P s better acceleration and costs a lot less money. I d rather put the money towards a second Tesla for my wife. Thoughts? Disagreements? Agreements? **Update:** Some redditters mentioned that they drove both the AWD and AWD-P and found the AWD-P to maintain superior acceleration even at high speeds. This does in fact add a lot of value for me. I live in the mountains and frequently have to pass slow trucks going up hill with a turn coming up. Being able to pass the truck with enough time to get back in the lane before I lose visibility of the road from a turn up ahead means a lot to me. Very good to know! Also the suspension drops from 5.5” to 5.1”. I guess that s not terrible. The 20” wheels do seem impractical though but I do love the look! Especially with the sexy red calipers behind them. **Update:** This [AWD vs AWD-P drag race](https: www.reddit.com r teslamotors comments 98b0x2 3d_vs_p3d_14_mile_at_a_track_not_my_video_the_3d ?st=JL0DE71N&amp amp sh=1b2418d3) confirms my suspicion that the AWD is just as fast as the AWD-P at speeds of ~45+mph
Lol. I love all of you fellow Tesla fans and I don t mean to laugh. But these post comparing the speed of the 3 cars and trying to rationalize the purchase based on speed crack me up. As someone that has owned over 25 cars 3 sport bikes and spent a lot of time at a drag strip. I can 100% tell you all 3 of these cars are FAST. A PRIUS has a 0-60 of 10.5 seconds. You don t hear of many Prius owners getting rear ended all the time because their car is too slow. The RWD consistent 0-60 time of under 5 seconds is faster that actual real world PERORMANCE of Many v8 muscle cars. You need to remember that when they give a 0 to 60 time for a sports car with a five speed or six speed manual transmission that 0 to 60 time is not something an ordinary person on a regular Road can achieve.. it takes special track to get that time. I could never get the “official” 0-60 times from any v8 manual car I ever owned. We still would brag about those times though LOL These cars should be listed as RWD: very fast AWD: extremely fast P3D: DANGEROUSLY fast My main point in all of this is no one ever should spend more than two minutes worrying about how fast their model three is or is not. And buy the p3d if you are rich and wanna go to the track. End of story
At least for me in addition to everything you mentioned I m brutally honest about my driving skills or lack thereof and will be the first to tell you that I ll more likely be wrapping that AWD-P around a telephone pole before properly wrapping it around a tight corner. :)
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I cancelled my AWD to AWD-P 3 change request. Here s why: So I was on the bandwagon for a Performance Model 3 and then decided to jump off. I wanted express why to help others with similar decisions. I ordered the AWD 3 before the price increase. $1k paint $4k dual motor. I submitted a change request to upgrade to the Performance Dual Motor. +$11k +free super charging. I just recently cancelled that change request. Here s why: At first I thought how cool would it be to have a car that fast that s practical and amazing in all other ways. 3.5s is almost super sport fast. I had to do it. This goes against my frugal nature. I was pretty conflicted for a while. I tried to justify is by getting free super charging and exclaiming that I would keep the car for at least 15 years (like my current car). Also there was a slight chance I could use my referral code for myself and get a free charger (I really like the matte black charger). In the end my frugal super ego won out. Let s be honest supercharging is cheap. Each charge costs ~$15 (in my area). Electricity will also get cheaper in the future as more renewables come online. Unless you re gonna supercharge as part of a commute or go on several long road trips a year it s going to be hard to make up half the difference in cost of upgrading to a P. I fall in that camp. 3.5s in 0-60 is unnecessary and a novelty. I m also don t want to that guy that gloats about it. Sure it sounds fun but so does 0-60 in 4.5s and I m sure I ll enjoy it as much. The only practical way I would take advantage of 0-60 in 3.5s is by driving up to speed after being stopped on a highway shoulder or by passing a car on the highway. Honestly I don t think a P in either scenario would be enough of a difference to make a “practical difference”. Who knows how much faster a AWD-P would be over a AWD when accelerating past 60 70mph. I doubt it s as significant as 0-60. I m a little skeptical that the AWD is being software limited between 0-30. It s kinda ridiculous that a $35k version of a car can cost $80k. Seems grotesque to me. It doesn t even have bioweapon defense mode ) In terms of the performance premium package lowering my car probably isn t a good thing in Colorado so I wouldn t get them anyways. Big wheels are more prone to pothole damage. Bigger brakes don t matter unless you re on a track. Plus we know [the 19” wheels makes a noticeable impact on performance](https: youtu.be wLsM5n288qk) and they only cost $1 500. So there you have it. AWD is in a practical sense as valuable as a P s better acceleration and costs a lot less money. I d rather put the money towards a second Tesla for my wife. Thoughts? Disagreements? Agreements? **Update:** Some redditters mentioned that they drove both the AWD and AWD-P and found the AWD-P to maintain superior acceleration even at high speeds. This does in fact add a lot of value for me. I live in the mountains and frequently have to pass slow trucks going up hill with a turn coming up. Being able to pass the truck with enough time to get back in the lane before I lose visibility of the road from a turn up ahead means a lot to me. Very good to know! Also the suspension drops from 5.5” to 5.1”. I guess that s not terrible. The 20” wheels do seem impractical though but I do love the look! Especially with the sexy red calipers behind them. **Update:** This [AWD vs AWD-P drag race](https: www.reddit.com r teslamotors comments 98b0x2 3d_vs_p3d_14_mile_at_a_track_not_my_video_the_3d ?st=JL0DE71N&amp amp sh=1b2418d3) confirms my suspicion that the AWD is just as fast as the AWD-P at speeds of ~45+mph
Lol. I love all of you fellow Tesla fans and I don t mean to laugh. But these post comparing the speed of the 3 cars and trying to rationalize the purchase based on speed crack me up. As someone that has owned over 25 cars 3 sport bikes and spent a lot of time at a drag strip. I can 100% tell you all 3 of these cars are FAST. A PRIUS has a 0-60 of 10.5 seconds. You don t hear of many Prius owners getting rear ended all the time because their car is too slow. The RWD consistent 0-60 time of under 5 seconds is faster that actual real world PERORMANCE of Many v8 muscle cars. You need to remember that when they give a 0 to 60 time for a sports car with a five speed or six speed manual transmission that 0 to 60 time is not something an ordinary person on a regular Road can achieve.. it takes special track to get that time. I could never get the “official” 0-60 times from any v8 manual car I ever owned. We still would brag about those times though LOL These cars should be listed as RWD: very fast AWD: extremely fast P3D: DANGEROUSLY fast My main point in all of this is no one ever should spend more than two minutes worrying about how fast their model three is or is not. And buy the p3d if you are rich and wanna go to the track. End of story
Get the AWD and then put some better tires on them a set of the Michelin Pilot Sport 4S (the one that comes with the $5k performance package) would only costs you about $1k total. And it will make a *huge* difference to the overall dynamics and performance of the car most of P3D s handling improvement is from the tires.
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$TSLA Daily Investor Discussion - August 15 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
&gt SCOOP: SEC ramps up investigation into Tesla privatization plans sends subpoenas to Tesla regarding privatization plans and Musk s statements involving funding secured --sources Subpoenas signal investigation has reached the formal stages -- sources more now @FoxBusiness [@CGasparino](https: twitter.com CGasparino status 1029740099339268096)
[https: www.nytimes.com 2018 08 14 business dealbook tesla-board-musk-tweets.html#click=https: t.co QWllM3EvlI](https: www.nytimes.com 2018 08 14 business dealbook tesla-board-musk-tweets.html#click=https: t.co QWllM3EvlI)
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Almost got rear-ended twice in the past 3 days on EAP Almost got rear-ended twice in the past 3 days and i ve only had my M3 for less than 2 weeks. I was driving on 210 fwy in LA on auto pilot speed on the freeway changes from 5-10 miles hr to 65-75 mile hr quite often in the morning commute. I set my auto pilot distance setting to 3 for slow speed and 6 for high speed. Twice the car didn t slow down early enough to warn the car behind me when there s a sudden speed drop ahead of me. I would brake at least 5s earlier if I were driving the car myself. It was so close this morning the truck behind me started swerving out of control then changed to car pool lane the very last second and almost hit a model X in the car pool lane. Would appreciated to see if anyone else that uses auto pilot on the daily basis have the same issue and if there s any tip for me as a new M3 owner. Thanks in advance.
&gt I would brake at least 5s earlier if I were driving the car myself. You *are* driving the car yourself. This is an absolutely critical point to understand: if AP is not braking when you judge it should be braking...BRAKE. *Especially* if we re really talking five seconds.
I find a distance of 3 works well for me in these conditions but there were a few firmwares around .21 that were too late to brake.... that got better at around .24 and both .26 and .28.2 are looking good to me. What firmware are you on?
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Almost got rear-ended twice in the past 3 days on EAP Almost got rear-ended twice in the past 3 days and i ve only had my M3 for less than 2 weeks. I was driving on 210 fwy in LA on auto pilot speed on the freeway changes from 5-10 miles hr to 65-75 mile hr quite often in the morning commute. I set my auto pilot distance setting to 3 for slow speed and 6 for high speed. Twice the car didn t slow down early enough to warn the car behind me when there s a sudden speed drop ahead of me. I would brake at least 5s earlier if I were driving the car myself. It was so close this morning the truck behind me started swerving out of control then changed to car pool lane the very last second and almost hit a model X in the car pool lane. Would appreciated to see if anyone else that uses auto pilot on the daily basis have the same issue and if there s any tip for me as a new M3 owner. Thanks in advance.
&gt I would brake at least 5s earlier if I were driving the car myself. You *are* driving the car yourself. This is an absolutely critical point to understand: if AP is not braking when you judge it should be braking...BRAKE. *Especially* if we re really talking five seconds.
Maybe just lower your Autopilot speed. I find that it does brake suddenly so it s best just go to at modest speeds and stay out of the left lane. Your particular commute sounds like hell though
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Almost got rear-ended twice in the past 3 days on EAP Almost got rear-ended twice in the past 3 days and i ve only had my M3 for less than 2 weeks. I was driving on 210 fwy in LA on auto pilot speed on the freeway changes from 5-10 miles hr to 65-75 mile hr quite often in the morning commute. I set my auto pilot distance setting to 3 for slow speed and 6 for high speed. Twice the car didn t slow down early enough to warn the car behind me when there s a sudden speed drop ahead of me. I would brake at least 5s earlier if I were driving the car myself. It was so close this morning the truck behind me started swerving out of control then changed to car pool lane the very last second and almost hit a model X in the car pool lane. Would appreciated to see if anyone else that uses auto pilot on the daily basis have the same issue and if there s any tip for me as a new M3 owner. Thanks in advance.
&gt I would brake at least 5s earlier if I were driving the car myself. You *are* driving the car yourself. This is an absolutely critical point to understand: if AP is not braking when you judge it should be braking...BRAKE. *Especially* if we re really talking five seconds.
Yeah autopilot definitely reacts slower to changing traffic speeds than I would even when the display shows it can see the car ahead. I m not sure if it s some kind of function that is designed to wait a bit longer to prevent excessive speed fluxuations or what but it can be a bit butt clenching sometimes
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Model 3s are finally becoming mainstream :) I ve been a long time fan follower of electric cars and specifically Teslas since I first heard about them. I care about the environment so I was always on the lookout to see if I could spot any electric cars on the road. When the Model 3 was unveiled I was so incredibly excited because I knew that car would have a massive impact on electric car adoption and couldn t wait for the day I would actually see them on the road. I m living in Silicon Valley so there s a higher number of Teslas on the road but I still remember seeing my first Model 3 in person and for a while I would take a picture of every on I saw. I ve been seeing more and more Model 3s in the past few months to the point where it s actually starting to feel normal. Today it really hit me. I was riding up the 101 towards San Francisco watching the oncoming cars and saw about 20-25 Model 3s in the span of about 30 minutes more than the number of other Teslas I saw and maybe even all other electric cars combined! I know this is a relatively meaningless anecdote but it just makes me so damn happy and excited for our future to see how successful this car is. I m sure a lot of you live in areas with fewer Model 3s than here so I just wanted to share this cool observation. :)
This evening I saw my 1st one in a smaller town in Georgia. Fell in love and now definitely want to follow through with my order. Beautiful car.
in houston tx i ve seen less than a dozen model 3 s ever
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Refused TM3 delivery I refused delivery of a AWD TM3 today because of a sub-par build. Check your car carefully - don t get blinded by its awesomeness. A quick scan showed uneven and large panel gaps and panels that weren t flush. A few other oddities too that didn t make me feel good. During delivery there were other TM3 in the bays where I could compare differences. After I pointed them out sales guy tried to explain to me about “tolerances”. Still not happy he got the service manager who did his best to make me feel like I was my fault and the gaps and other defects were normal and that I was bothering him. This is not the $60k-car experience I was expecting. I dug my feet in and refused delivery. He acknowledged the obvious uneven gaps and he asked me to go over the car and find other imperfections they need to fix. Um that s your job. I ve been here 5 minutes and found five major problems. I m not going to do the rest of your job. Now I think about it I m beginning to wonder if I m not the first to refuse this particular car. It was 14 000 lower than all the other VINs being prepped for delivery (I checked five cars) and the time between your car is almost ready to “you can pick it up” was way too short. I m not happy. I m a line-waiter before the reveal. This is not the experience I ve been waiting 2.5 years for. There many other cars on the lot that didn t have the big uneven gaps. I m annoyed that they tried to stick me with the ugly one. Waiting to hear how they will remedy but I don t want this VIN Edit Fascinating all the negativity to my post. Yeah I know I should have taken pictures. But maybe you wouldn t act rational when something you ve waited for for 2.5 years is flawed. Again none of the other cars in the bay displayed the same big uneven gaps None of the cars in the holding bay did either. So this isn t normal. And all those vins were in the 68k range. Mine was 54k range. Saw a couple comments pegging me as a shorter. Damn Reddit is messed up.
The comments would have you believe that these things don t happen and that you re being irrational. Meanwhile [this person s Model 3 was delivered with different color door panels](https: twitter.com dietwrite status 1029838596159619072?s=21). How do you miss this? Good on you for holding them accountable. Sorry you have to wait longer for your car but I m confident they ll get you the right one. I love mine and I would have been heartbroken to have to refuse it at delivery.
What was the VIN?
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Refused TM3 delivery I refused delivery of a AWD TM3 today because of a sub-par build. Check your car carefully - don t get blinded by its awesomeness. A quick scan showed uneven and large panel gaps and panels that weren t flush. A few other oddities too that didn t make me feel good. During delivery there were other TM3 in the bays where I could compare differences. After I pointed them out sales guy tried to explain to me about “tolerances”. Still not happy he got the service manager who did his best to make me feel like I was my fault and the gaps and other defects were normal and that I was bothering him. This is not the $60k-car experience I was expecting. I dug my feet in and refused delivery. He acknowledged the obvious uneven gaps and he asked me to go over the car and find other imperfections they need to fix. Um that s your job. I ve been here 5 minutes and found five major problems. I m not going to do the rest of your job. Now I think about it I m beginning to wonder if I m not the first to refuse this particular car. It was 14 000 lower than all the other VINs being prepped for delivery (I checked five cars) and the time between your car is almost ready to “you can pick it up” was way too short. I m not happy. I m a line-waiter before the reveal. This is not the experience I ve been waiting 2.5 years for. There many other cars on the lot that didn t have the big uneven gaps. I m annoyed that they tried to stick me with the ugly one. Waiting to hear how they will remedy but I don t want this VIN Edit Fascinating all the negativity to my post. Yeah I know I should have taken pictures. But maybe you wouldn t act rational when something you ve waited for for 2.5 years is flawed. Again none of the other cars in the bay displayed the same big uneven gaps None of the cars in the holding bay did either. So this isn t normal. And all those vins were in the 68k range. Mine was 54k range. Saw a couple comments pegging me as a shorter. Damn Reddit is messed up.
The comments would have you believe that these things don t happen and that you re being irrational. Meanwhile [this person s Model 3 was delivered with different color door panels](https: twitter.com dietwrite status 1029838596159619072?s=21). How do you miss this? Good on you for holding them accountable. Sorry you have to wait longer for your car but I m confident they ll get you the right one. I love mine and I would have been heartbroken to have to refuse it at delivery.
100 bucks says they can t tell you what those tolerance values are. And without that knowledge it s impossible for them to check the car ahead of time to see if it s to spec. Where was this?
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Refused TM3 delivery I refused delivery of a AWD TM3 today because of a sub-par build. Check your car carefully - don t get blinded by its awesomeness. A quick scan showed uneven and large panel gaps and panels that weren t flush. A few other oddities too that didn t make me feel good. During delivery there were other TM3 in the bays where I could compare differences. After I pointed them out sales guy tried to explain to me about “tolerances”. Still not happy he got the service manager who did his best to make me feel like I was my fault and the gaps and other defects were normal and that I was bothering him. This is not the $60k-car experience I was expecting. I dug my feet in and refused delivery. He acknowledged the obvious uneven gaps and he asked me to go over the car and find other imperfections they need to fix. Um that s your job. I ve been here 5 minutes and found five major problems. I m not going to do the rest of your job. Now I think about it I m beginning to wonder if I m not the first to refuse this particular car. It was 14 000 lower than all the other VINs being prepped for delivery (I checked five cars) and the time between your car is almost ready to “you can pick it up” was way too short. I m not happy. I m a line-waiter before the reveal. This is not the experience I ve been waiting 2.5 years for. There many other cars on the lot that didn t have the big uneven gaps. I m annoyed that they tried to stick me with the ugly one. Waiting to hear how they will remedy but I don t want this VIN Edit Fascinating all the negativity to my post. Yeah I know I should have taken pictures. But maybe you wouldn t act rational when something you ve waited for for 2.5 years is flawed. Again none of the other cars in the bay displayed the same big uneven gaps None of the cars in the holding bay did either. So this isn t normal. And all those vins were in the 68k range. Mine was 54k range. Saw a couple comments pegging me as a shorter. Damn Reddit is messed up.
The comments would have you believe that these things don t happen and that you re being irrational. Meanwhile [this person s Model 3 was delivered with different color door panels](https: twitter.com dietwrite status 1029838596159619072?s=21). How do you miss this? Good on you for holding them accountable. Sorry you have to wait longer for your car but I m confident they ll get you the right one. I love mine and I would have been heartbroken to have to refuse it at delivery.
I was sympathetic to your story except this part: &gt He acknowledged the obvious uneven gaps and he asked me to go over the car and find other imperfections they need to fix. Um that s your job. I ve been here 5 minutes and found five major problems. I m not going to do the rest of your job. The SM asked you your specific concerns with the car so they could address them and your response (even if didn t react that way out loud) dismissed even having to explain to them what your issues were. If you refuse the vehicle that s fine and may be reasonable. However if you re talking to the SM of course they would offer to....*service it*. Even if the experience was negative and even if they were asking you to point out things you felt were obvious you could ve just indulged them and provided him your issues with it. They d need that customer documented information regardless of whether you were taking the car. It s in your own interest to do so. I don t doubt your account. However hopefully you were nice about it.
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Phone doesn t sync right and vehicle lost power and about killed us. When I first got the car I spent over an hour trying to figure out how to sync my phone properly. It shouldn t be this complicated especially for a computer guy. I scoured the Internet for anyone with similar issues. I finally called the service desk and the guy basically said that the option is hidden in the interface and it doesn t work that well anyways and you need to be within cell range for it to get the proper update for it to work in the first place. Although the gentleman on the phone was helpful and nice the experience overall was sub-par. Fast forward to two days ago. Driving on the Interstate in construction. It s two lanes ~~bumper to bumper~~ at full capacity with barriers on both sides and everyone is going 60ish. The power in the car starts to flicker and the car loses almost all power and we have to decelerate to about 10mph with nowhere to turn onto a shoulder to prevent the what seemed like inevitable pile-up that was about to occur. After finally getting to a spot we could pull off we restarted the car and everything seemed fine. This is why I want to trade in our Jeep Cherokee and buy a Tesla. EDIT: incorrect usage of bumper to bumper EDIT EDIT: There was actually a point to this besides the obvious. Our current vehicles aren t perfect. Electrical problems misaligned panels etc aren t some new problem in automotive. I have first hand knowledge of an ICE vehicle that wasn t even on that self-ignited.
*puts pitchfork away*
Hilarious! Just sent to my girlfriend with a Jeep Cherokee
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Phone doesn t sync right and vehicle lost power and about killed us. When I first got the car I spent over an hour trying to figure out how to sync my phone properly. It shouldn t be this complicated especially for a computer guy. I scoured the Internet for anyone with similar issues. I finally called the service desk and the guy basically said that the option is hidden in the interface and it doesn t work that well anyways and you need to be within cell range for it to get the proper update for it to work in the first place. Although the gentleman on the phone was helpful and nice the experience overall was sub-par. Fast forward to two days ago. Driving on the Interstate in construction. It s two lanes ~~bumper to bumper~~ at full capacity with barriers on both sides and everyone is going 60ish. The power in the car starts to flicker and the car loses almost all power and we have to decelerate to about 10mph with nowhere to turn onto a shoulder to prevent the what seemed like inevitable pile-up that was about to occur. After finally getting to a spot we could pull off we restarted the car and everything seemed fine. This is why I want to trade in our Jeep Cherokee and buy a Tesla. EDIT: incorrect usage of bumper to bumper EDIT EDIT: There was actually a point to this besides the obvious. Our current vehicles aren t perfect. Electrical problems misaligned panels etc aren t some new problem in automotive. I have first hand knowledge of an ICE vehicle that wasn t even on that self-ignited.
*puts pitchfork away*
Best post on this subreddit. Ever. 👍🏻
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Phone doesn t sync right and vehicle lost power and about killed us. When I first got the car I spent over an hour trying to figure out how to sync my phone properly. It shouldn t be this complicated especially for a computer guy. I scoured the Internet for anyone with similar issues. I finally called the service desk and the guy basically said that the option is hidden in the interface and it doesn t work that well anyways and you need to be within cell range for it to get the proper update for it to work in the first place. Although the gentleman on the phone was helpful and nice the experience overall was sub-par. Fast forward to two days ago. Driving on the Interstate in construction. It s two lanes ~~bumper to bumper~~ at full capacity with barriers on both sides and everyone is going 60ish. The power in the car starts to flicker and the car loses almost all power and we have to decelerate to about 10mph with nowhere to turn onto a shoulder to prevent the what seemed like inevitable pile-up that was about to occur. After finally getting to a spot we could pull off we restarted the car and everything seemed fine. This is why I want to trade in our Jeep Cherokee and buy a Tesla. EDIT: incorrect usage of bumper to bumper EDIT EDIT: There was actually a point to this besides the obvious. Our current vehicles aren t perfect. Electrical problems misaligned panels etc aren t some new problem in automotive. I have first hand knowledge of an ICE vehicle that wasn t even on that self-ignited.
*puts pitchfork away*
Ahhhh you win
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$TSLA Daily Investor Discussion - August 17 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Can Tesla just fucking build stuff!? I am years long but maybe it s time to find a Gwynn for Tesla?
Posted this over on the NYT article thread: Honestly I think Tesla knows exactly what they are doing and Musk is fine. Think about all the press Tesla is getting.... for free. It s a household name now. Any press is good press especially when you step back and look at how well production is ramping. Tesla is playing the press like a fiddle... Trump did it and ended up in office... Tesla s doing it and....
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$TSLA Daily Investor Discussion - August 17 2018 [We re trying something out](https: reddit.com r teslamotors comments 92gied meta_daily_vs_monthly_megathreads ). Use this thread for casual $TSLA related discussion and investor links. Find our latest Discussions [here](https: www.reddit.com r teslamotors search?q=author%3AAutoModerator+title%3A%22Discussion%22&amp restrict_sr=on&amp include_over_18=on&amp sort=new&amp t=all). This thread should **not** be construed as investment advice or guidance. We will try daily for a week long. Remember be friendly [genuine](https: www.reddit.com r teslamotors comments 8rc3jg be_genuine ) and welcoming. Please ping the mods with feedback and remember to report comments and posts that violate rules. [Q2 Earnings Official Thread](https: reddit.com r teslamotors comments 93rhl3 tesla_tsla_second_quarter_2018_results_and ).
Can Tesla just fucking build stuff!? I am years long but maybe it s time to find a Gwynn for Tesla?
tsla bulls: if you re too strongheaded to sell now at least stop valuing your position based on the $420 offer. it is confirmed to have been fugazi.
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