Tesla Dealer lot OVERFLOWING????

Discussion in 'Tesla' started by Michael Appleton, Aug 28, 2018.

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  1. Michael Appleton

    Michael Appleton New Member

    i LIVE IN PARAMUS NJ, THE LOCAL TESLA DEALER LOT HAS FILLED TO OVERFLOWINNG IN THE LAST TWO MONTHS...,IT USED TO BE HALF FULL. IF TESLA HAS A 400k BACK LOG OF UN DELIVERED ORDERS why are the lots so full, should the cars be comoing in and going out???
    2ndly tesla's web web site says I can order online and get delivery in 2 months, how can that be, when there are 400K unfilled orders??????
     
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  3. Mikep00

    Mikep00 Active Member

    Tesla doesn’t have dealers...


    Sent from my iPhone using Inside EVs
     
    Last edited by a moderator: Aug 30, 2018
  4. Michael Appleton

    Michael Appleton New Member

    Dear Mikep00
    OK so Tesla does not have dealers...what do the call them service/delivery and or pick up locations/centers. The point is, whatever they are called why are cars piling up in the lot??? if people are so eager to get them....and why can i order one online and get it in 2 months if there are people who have been waiting in line for years? I am not trolling ...I am an investor in TSLA and I am trying understand what I am seeing????
    are other people seeing this at other tesla service (aka dealer) locations...if that makes me a troll..ok.
     
  5. David Green

    David Green Well-Known Member

    I am not surprised, shorts found another lot in AZ that is also filling up with cars, I have no idea what all this means, but my intuition says there is trouble in paradise...

    https://twitter.com/ValueExpected/status/1034753294546100225
     
  6. bwilson4web

    bwilson4web Well-Known Member Subscriber

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  8. David Green

    David Green Well-Known Member

    TeslaInvestors likes this.
  9. Michael Appleton

    Michael Appleton New Member

  10. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Thanks!
    Looks like an ordinary parking lot with some empty parking spots.
    Perhaps you might drive by and take some photos to show the problem?

    If you have a dash cam or smart phone, you might drive through their parking lot and make a video to post on YouTube. Then wait a week and repeat. This gives a way to measure the turnover.

    Bob Wilson
     
  11. Michael Appleton

    Michael Appleton New Member

    Will do...stay tuned...there are a lot of cars this is not some dinky lot in AZ.
     
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  13. bwilson4web

    bwilson4web Well-Known Member Subscriber

    The nearest one to Huntsville is in Nashville. If the Manchester charging station gets fixed, I'll tour their parking lot with a video recorder.

    Bob Wilson
     
  14. Michael Appleton

    Michael Appleton New Member

     
  15. Michael Appleton

    Michael Appleton New Member

    Video of Paramus NJ Tesla lot

     
    Domenick likes this.
  16. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Thanks!

    That helps.

    Bob Wilson
     
  17. marshall

    marshall Active Member

    From the video, it doesn't look all that bad. Looking at a map, Paramus is not that far from New York city. Google says it's about an hour drive.

    As a Tesla investor, are you shorting the stock? If you are long, then just sell the stock if you are worried, or buy some puts.
     
    Last edited: Aug 30, 2018
  18. Michael Appleton

    Michael Appleton New Member

    i am long the stock, i admit it was worse on Monday of this week. I just trying to see if TSLA coolaid drinkers have an explanation.
     
  19. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Looking for a 'short' analysis?

    I can't help.

    Bob Wilson
     
  20. Domenick

    Domenick Administrator Staff Member

    Don't know if I qualify as a Kool-Aid drinker, but I am bullish about the company. I don't own stock since I write about them.

    So basically what's happening is they get shipped out in quantity to distribution lots. From there, they'll send them in batches to staging areas like the one here. The cars will have to be washed and prepared for delivery from there. There are any number of lots with large numbers of cars in them around the country.

    Every automaker does this to some extent, but it's not usually well publicized because other manufacturers don't have short sellers trolling distribution lots trying to convince people that the company has no orders for already-produced vehicles. Tesla makes cars mostly to order, so doesn't carry inventory in the quantities traditional OEMs do.
     
  21. Michael Appleton

    Michael Appleton New Member

    Great Explanation Domenick, Thank you.!!!!

    what about the 400K back log vs. the 2 month delivery available according to TESLAS website model 3 order portal.?
    can you explain that?
     
  22. Domenick

    Domenick Administrator Staff Member

    Do you mean, explain why, if they have a 400,000 order backlog, people can get a car in 2 months? I'll take a stab at it.

    I haven't done all the math, but I imagine about half of the orders are international. Maybe as much as two-thirds. Those haven't started being shipped yet.

    I imagine a good number of outstanding domestic orders are for the Standard Battery cars, maybe one-third. That leaves approximately about 100,000 cars they have on order that they're building against. if they're approaching the 20,000 a month build rate, then I can see a 2 to 3-month wait being possible.
     
  23. bwilson4web

    bwilson4web Well-Known Member Subscriber

    Well if we can use lots full of cars as a metric of business success, Toyota, Ford, and GM are done for it. <grins>

    Bob Wilson
     

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