Over at CNN Business, they’re asking: is this week’s arrival of a $35,000 Tesla Model 3 “too little, too late?”
How did they come up with such a negative question to ask about the Tesla Model 3?
Despite the six to nine month waiting list for a new Tesla, which is down from prior wait times of 12 to 18 months, people are still lining up with a $1,000 cash deposit to wait months for the electric vehicle:
“Tesla said the new wait time for both its long-range and dual-motor version and its performance version of the Model 3 is now six to nine months, down from 12 to 18 months previously. The new wait time for its standard-battery Model 3 is six to 12 months, down from 12 to 18 months before.” – The M.F. May 22, 2018
Too little, too late? The Tesla Model 3’s out-of-this-world resale values speak to the strong demand for these cars, and Tesla, Inc.‘s prospects as an automaker.
Tesla Model S and Model 3’s Class-Leading Resale Values Show Stout Demand
Resale Value Is A Good Measure of An Auto Manufacturer’s Quality
In December, Evan Nex wrote at Inside EVs:
“It’s always fun to talk about Elon Musk’s tweets and tokes [e.g.], but when it comes to predicting long-term financial prospects of Tesla, savvy observers understand that the two metrics that matter are the demand for the company’s products and the margin of profit it earns on each unit. So, if TSLA stock slips in response to an unguarded comment by the Iron Man, consider it a buying opportunity. If you see evidence that demand for Teslas is flagging,