: lets try this again. It USED TO BE there was almost no inventory because demand outstripped build and you waited 6 weeks to get your car (or more). This meant minimal inventory, on lots, in transit, etc. Now there is actually inventory available and build times are very short. This means there is now excess capacity.
Without repeating a dubious theory about “late binding” can you please provide a positive explanation for this? Because unless a company overshoots and increases production ABOVE demand this should not have happened to a “non traditional” non dealer stock approach. And please don’t use other companies as they all use the dealer approach and MUST have stock to place on lots.
You are refusing to accept that Tesla has changed from a "build to order, deliver in 4-6 weeks" approach when they sold 2000 cars/week to a "build for inventory, deliver in 2 weeks or less" approach selling 7500 cars/week. Refusing to accept that allows you to claim that Tesla has excess capacity because they can deliver faster.
"Late binding" is not a dubious theory - it is what Tesla actually does. Here is how Tesla explained it in the Q1 Update Letter:
Unlike Model S and Model X, we do not build Model 3 vehicles to order. Rather, given its significantly higher volume, we build different variants of Model 3 in batches (including regional versions), and every vehicle that leaves the factory initially becomes inventory. While in inventory, those vehicles are then matched to a specific order made by each customer
Did you get that? They build for inventory. Every Model 3 that leaves the factory is an inventory car. Later it is matched to a customer order. This explains why you can find a Model 3 in inventory - because that is the only way Tesla sells them! In fact, Tesla extended the order-to-VIN matching process to S/X in Q2 as detailed in the Q2 Production and Deliveries report.
I also agree with others here that the term luxury and Tesla are not related in anyway. The design, quality and execution of Tesla is barely hitting mid-grade cars. In fact I have seen more “luxury” elements in a Mazda and Hyundai lately than in any Tesla I have driven. I know besides numb driving characteristics this is the other major element that has kept me from buying probably 2 or 3 Teslas over the past few years. When I compare the build/design quality of most German cars at 50k range to a M3 the M3 falls very short. Sadly comparing the same 50k German car to a Model S and X shows how inferior these much more expensive cars really are.
You are entitled to your opinion about what is or isn't a luxury car. But the industry authorities like Kelley Blue Book disagree with you when it comes to Tesla. And so do those buyers who are purchasing Tesla's instead of Bimmers, Mercs, etc. Please read that report. And then explain how all these people surveyed are wrong when they list Tesla as the top brand in 7 of the 12 evaluation criteria for luxury cars.