Did the factory tour today, if you have referral pts and want to understand what you are investing in, I recommend it!

[DreamTour]

Can't say anything about what i saw, but i would tell you its well worth it if you really want to understand what you are buying into beyond the vision.

This is a quality first, no shortcuts ethos. Pretty much the opposite of churning them out as cheaply as possible a la tesla.

I think we got to see a lot more since this the first tour after the factory expansion.

 

[Blue Lectroid]

How does one get to tour the factory?

 

[elusive7]

How does one get to tour the factory?

50000 referral points.

 

[Bobby]

50000 referral points.

I’m interested in seeing what happens tax-wise on this. Can you update us in the future?

 

[elusive7]

I’m interested in seeing what happens tax-wise on this. Can you update us in the future?

Wasn't me that redeemed it, maybe @DreamTour can chime in here. I did some testing with referral rewards last month and tax was calculated based on the location that things where being shipped to, so my location being 7.75% it was 78 points on a 1000 points order for example. My guess is that the 50k redemption would work the same, calculating taxes off of DreamTour's location.

 

[Bobby]

Wasn't me that redeemed it, maybe @DreamTour can chime in here. I did some testing with referral rewards last month and tax was calculated based on the location that things where being shipped to, so my location being 7.75% it was 78 points on a 1000 points order for example. My guess is that the 50k redemption would work the same, calculating taxes off of DreamTour's location.

Sorry... I was unlcear... not sales tax. I think they will 1099 folks for the value of the item as income. Wondering what the tour is valued at.

 

[joec]

Sorry... I was unlcear... not sales tax. I think they will 1099 folks for the value of the item as income. Wondering what the tour is valued at.

I don't know for sure, but I would guess it's similar to frequent flyer miles, where referral "points" translate to a consistent number of USD.

The trick is figuring out what one referral point is worth in cash. Then we can multiply that by $50k to get the value of the tour.

Given several items in the referral store are listed in the regular store, that should be doable? But I'm too lazy.

 

[DreamTour]

Didn't get 1099'ed. It's an experience, so no tangible value transfer. I guess they buy you doughnuts and lunch haha.

When i got flown as media in my auto blogging days by GM and the like, i never got 1099'ed for the comped flights and hotels.

Also i did not get charged sales tax (referral points) for the same reason (not a tangible sale item).

Also, if you buy your own travel its actually only 25k points now (this is a new thing they are doing) I made a trip out of it and got myself there.

 

[Bobby]

Didn't get 1099'ed. It's an experience, so no tangible value transfer. I guess they buy you doughnuts and lunch haha.

When i got flown as media in my auto blogging days by GM and the like, i never got 1099'ed for the comped flights and hotels.

Also i did not get charged sales tax (referral points) for the same reason (not a tangible sale item).

Also, if you buy your own travel its actually only 25k points now (this is a new thing they are doing) I made a trip out of it and got myself there.

Then why fill out a W9? It was this year, you would be 1099'ed in the beginning of 2025.

 

[Amster]

Also, if you buy your own travel its actually only 25k points now (this is a new thing they are doing) I made a trip out of it and got myself there.

That's great news. Getting there is easy and it's a lot easier to get 25k points than 50k.

 

[JGard18]

I assume for those of us who don't live in the Bay Area, getting there is a cost we have to cover ourselves...

 

[Bobby]

I assume for those of us who don't live in the Bay Area, getting there is a cost we have to cover ourselves...

The 50,000 point version covers airfare.

 

[DreamTour]

Then why fill out a W9? It was this year, you would be 1099'ed in the beginning of 2025.

Didn’t have to do a w9 either. But maybe because I covered my own airfare? Dunno if others had to do it.

 

[Neurio]

I assume for those of us who don't live in the Bay Area, getting there is a cost we have to cover ourselves...

Factory tour is in Casa Grande, AZ

 

[Tim-in-CA]

I wish they offered a factory tour without points. I'd definitely take a drive to AZ to check out the factory. From the clips online, the factory looks very modern.