: https://insideevs.com/23-percent-tesla-model-3-reservations-refunded/23% Of Tesla Model 3 Reservations Have Been Refunded
. . . When the order books first opened up for the all-electric sedan on March 31, 2016, people stood in lines at stores around the U.S. in an effort to be among the first to take delivery of a car they wouldn’t see until later that day.
A week later, it was announced that the company had received 325,000 initial reservations — within a month the figure had climbed to 400,000. By the time the first vehicles were ready to be handed over to the first customers, the number, despite 63,000 cancellations (about 12 percent), had still grown to 455,000 worldwide. . . .
With production being pushed back a couple times, though, it seems that juggernaut of a number may have decreased. According to analytics outfit Second Measure which “analyzes billions of anonymized purchases to answer real-time questions about consumer behavior,” reservation refunds have, of late, outpaced deposits, leading to a total of 23 percent of reservations being returned since that first heady day of down-the-block lineups.
Looking at their graph, it seems the bloom really started to come off the rose this past January, with the deflowering accelerating in April. Of course, new reservations are still coming in but their pace has not been equal to those receiving their $1,000 deposit back. According to Recode, which also covered the issue, Tesla says the Second Measure numbers do not “align with its internal data, but would not be more specific as to how far off it is.” We’ have also reached out for clarification and will update this post with any new information.
It seems likely a large portion of these latest cancellations are related to the pushback of the base $35,000 version of the sedan and price-sensitive customers realizing they won’t be able to take advantage of the full $7,500 tax credit that begins to phase out when a manufacturer reaches the 200,000 mark. . . .
https://insideevs.com/want-the-best-rate-on-tesla-auto-insurance-prepare-for-vehicle-monitoring/Best Rate On Tesla Auto Insurance? Prepare For Vehicle Monitoring
. . . Recently, Tesla has stated that they are working with specific auto insurance companies to offer better rates to Tesla owners. The program is called “InsureMy Tesla” and it is offered through Liberty Mutual Insurance Company.
Being a Model S owner myself, I decided to look into it because my rates through Allstate were quite high. I have been paying $150/month for my 2012 Model S (not a “P” version) and that’s with no tickets, no accidents, in Arizona, 68 years of age and $1,000 collision deductible.
I’d say, so I decided to check into this “InsureMy Tesla” program offered through Liberty Mutual. What I found was a significantly lower rate of $75/month with the contingency that I let them monitor my vehicle for 90 days. It’s called “right track” and involves downloading an app to your smartphone and installing a small tag on your windshield that monitors specific behaviors including braking, acceleration, nighttime driving, and miles driven.
Just a guess, but it sounds like they have figured out how to embed a small accelerometer into the tag that goes on your windshield.
The program runs for 90 days. If I had refused to participate my rates would have increased by around 15 percent. You can get a quote on the internet if you are interested. Just go to Liberty Mutual website for an internet quote or check out InsureMy Tesla.
I signed up. I’ll keep you posted as to the results. . . .