FYI: Tesla Order Hold Instead of Cancelling

[copper]

I went to cancel my Model S LR today after it was assigned a VIN. The rep asked if I was getting a different car, and after finding out it was a Lucid they told me Tesla allows you to put the order on hold if you haven't done so before. I doubt this was a direct result of Lucid being my preferred car, but it was a nice strategy to keep people who get cold feet from cancelling.

As a result the order is on hold until November without any penalty (and supposedly no price changes - we'll see about that). At any time I can say "I'm ready" to get the next available production slot, and it will auto-resume the order in November if I don't cancel outright.

 

[Codyroo]

LOL - or get the car, get the tax credit, sell the car for a profit and pocket all the cash!

 

[copper]

LOL - or get the car, get the tax credit, sell the car for a profit and pocket all the cash!

It's tempting, but the car will likely cost more end of this year and I'm still paying the same price.

 

[duc900]

I went thru the same scenario two nights ago with the Rivian R1S I have on order. They are delayed until H2 2023. At that time it feels like the tech and range in that vehicle will not be competitive. Although, the pricing locked in is a potential upside. So I went to cancel my order and it instead provoked me to take a delay of up to 12 weeks instead. I elected not to and just canceled.

I don't have interest in reselling it either so I just moved on.