> Demand has collapsed in the US for model 3 and looks incredibly weak in Europe and China

[citation needed]

Driving up 101 daily, I see truck after truck loaded with European-specced Model 3s heading towards the port of San Francisco.

Yeah, it’s not a route that used to have a lot of car carriers on it, now there are a lot of them.

Even with weak demand they’ll still deliver a lot of cars. The question is if it’s enough.

As a person on the list since 2016 with a tentative delivery date of late 2019 I respectfully think you are pulling this statement out of your arse.

Well we won’t know until they post Q1 results but they said yesterday they’re expecting a loss now, downgrading from initial plans to post a tiny profit. General consensus is that the halving of the federal tax credit drove down Q1 demand significantly.

Lol. Best selling electric car in world last year with heaps of momentum that just got cheaper. Doesn't appear to be collapsing to me.

Well insideevs just posted the February sales numbers which are absolutely terrible. 5750 model 3s sold, down from around 6500 in January and 25,000 in December. That’s a collapse and that’s why they’re slashing prices now, even though there’s no evidence they can get the margins low enough to make a profit on this car.

https://insideevs.com/tesla-model-3-s-x-sales-february-2019/

I think so. Model3 used to have 300k backlog and now you can get one in 2 weeks?!

Where are you getting this from?

It’s general consensus but here’s an article for example that suggests less than 20,000 Europe orders and hundreds in China. Of course we won’t know for sure until Q1 earnings but it’s a safe bet

https://seekingalpha.com/article/4239396-tesla-weak-model-3-...

And as a follow up, insideevs just posted February’s numbers: 5750 model 3. That’s down from 6500 in January and over 25,000 in December and 18,000 in November.

https://insideevs.com/tesla-model-3-s-x-sales-february-2019/