100% agree, no way it’ll be $40k. Still crazy that as of 2021 there were 1.5M orders, which means they’ve been holding and most likely making interest on $150,000,000+
Pretty much, yeah. Assuming 5% interest for the 25 months they’ve had it, Tesla has made a little over $10 off my deposit so far. I hope they enjoy two happy meals with their gains. I’ll be fine.
A quick google search shows that Tesla has anything from “more than 1 million” to “more than 1.25 million” deposits placed, so it’s actually more like two million happy meals that Musk is enjoying.
As long as they don’t realize the funds as income or use them for anything, they can hold deposits pretty much indefinitely. Accountants hate it though.
They’ve gotten so much money for the Cyber Truck “orders” without even delivering a product to the customers for yeaaarrs. How is that legal?
I’ll get my $100 deposit back when their $40k electric pickup truck turns out to be $78k, just like Ford did. Not worried.
100% agree, no way it’ll be $40k. Still crazy that as of 2021 there were 1.5M orders, which means they’ve been holding and most likely making interest on $150,000,000+
They probably spent it, though.
Did I hear “twitter”? (Just messing, I know that’s not how it works, at least not how it should work)
Narrator: “that’s totally what they did”
(It’s also pretty illegal, IIRC)
Elon is a rich con artist.
So you gave them an interest free loan for a few years?
Pretty much, yeah. Assuming 5% interest for the 25 months they’ve had it, Tesla has made a little over $10 off my deposit so far. I hope they enjoy two happy meals with their gains. I’ll be fine.
A quick google search shows that Tesla has anything from “more than 1 million” to “more than 1.25 million” deposits placed, so it’s actually more like two million happy meals that Musk is enjoying.
Why wait? Just go to their website and request it back now. That’s what i did last year.
Beats the shit out of me. But now corporations are being treated as people so maybe it’s a welfare subsidy? 😆
As long as they don’t realize the funds as income or use them for anything, they can hold deposits pretty much indefinitely. Accountants hate it though.