But we cannot deny the fact that, musk introduced the roadster out of desperation to get some up-front payment and save Tesla.
It is possible that roadster specs were made up and now the RnD department is suffering to achieve the same, delaying the deliveries of the final product.
So he basically did sell the promise but now Tesla has to deliver it as 6 years is a very long gap.
That’s not a fact, you just made that up and it’s pretty obviously false if you look at their cash flow statement and how much cash they got from the new roadster.
Tesla trades at an insanely inflated multiple compared to other car manufacturers. It’s pretty clear they’ve had no difficulty raising money.
The alternative would have been a credit line from a bank, that also needs to be reimbursed, eithbinterest! Reimbursed down payments from customers are an interest-free credit. Well played actually... And quite despicable.
> Tesla does note that the reservation is still refundable, so if the final price is too high or it doesn't materialize, you can cancel and get your money back.
If you don’t wish to trust the media, here’s the Reservation Policy itself:
It is possible that roadster specs were made up and now the RnD department is suffering to achieve the same, delaying the deliveries of the final product.
So he basically did sell the promise but now Tesla has to deliver it as 6 years is a very long gap.