I am just a simple caveman but I'm not sure how giving Elon Musk $1000 of my hard earned dollars for a vague promise on a piece of paper may be the best use of my money....just sayin
Tesla?s Model 3 Could Destroy Elon Musk?s Company
It won?t hit the road for two years, it won?t be as cheap as promised, and it will be plagued with problems. Worst of all, the firm may run out of money before the car takes the road.
But investors aren?t the only ones setting themselves up for disappointment: The biggest letdown ahead awaits the longtime Tesla fans who hope that they may finally be able to stretch the family budget just enough to buy the affordable Tesla they have been waiting for since 2006. In order to bring the cost of a Model 3 below the $35,000 mark, buyers will need to qualify for a $7,500 federal tax credit?but that credit begins to expire after Tesla sells 200,000 qualifying vehicles. At current sales projections, Tesla will run out of those tax credits sometime in 2018?just as Model 3s start rolling off production lines. In order to be one of the lucky few to qualify for those few remaining credits, the Tesla fans most in need of the financial assistance are camping out in front of stores to claim their shot at getting a truly affordable Tesla before the credits expire.
Unfortunately for these fans who most represent Tesla?s mission to make electric cars affordable to more than the super-wealthy, the remaining Tesla tax credits are likely to be all gone by the time their Model 3 gets built.
http://www.thedailybeast.com/articles/2016/03/31/tesla-s-model-3-could-destroy-elon-musk-s-company.html