Tesla Model 3 Buyers Antsy for Delivery

The transcript discusses Tesla's new affordable Model 3, highlighting the excitement and anticipation among customers despite a lack of detailed information. It covers Tesla's strategy to keep the initial production simple, learning from past challenges with the Model X. The discussion also touches on the strong devotion of Tesla's customer base and the potential market impact of the Model 3, which is expected to broaden Tesla's audience and drive its popularity.

What has been the effect of the Model 3's impending release on Tesla's market performance?

• It has led to a 60% increase in Tesla's shares.

• It has had no impact on Tesla's shares.

• It has caused a decrease in Tesla's shares.

• It has caused a slight decrease in Tesla's shares.

What are Tesla customers currently unable to do regarding their Model 3 orders?

• Choose the color of their car.

• Receive a delivery date.

• Select additional features and options.

• Cancel their pre-order.

What lesson did Elon Musk learn from the Model X that influenced the Model 3's production?

• To increase the number of features in the initial release.

• To simplify the initial production to avoid mechanical issues.

• To focus on luxury features over affordability.

• To delay the release until all features are perfect.

How might the long wait for the Model 3 affect customer satisfaction?

• Customers will likely be disappointed regardless of the car's quality.

• The wait will have no impact on customer satisfaction.

• The wait will ensure customers are more satisfied with their purchase.

• Customers may have higher expectations due to the long wait.

What is a significant outcome of introducing an affordable Tesla model?

• It limits Tesla's market to only luxury car buyers.

• It broadens Tesla's audience significantly.

• It decreases the overall quality of Tesla vehicles.

• It reduces the demand for other Tesla models.