Monday, September 20, 2021

Want A New Tesla? Estimated Delivery Times Pushed Into Late 2021, Early 2022 For Many Models - CBS San Francisco

Last updated Friday, August 20, 2021 03:00 ET , Source: NewsService

FREMONT (CBS SF / CNN) — You’re going to have to wait a long time if you want to buy just about any Tesla.

Estimated delivery times on Tesla’s website have been pushed back until late this year — and in come cases next year — for all but the upper-end versions of the Model 3 sedan and Model Y SUV.

For the two most expensive cars, the Model S and Model X, buyers will have to wait until March or April 2022 for anything but the upper-end “Plaid” version of the Model S. For those most pricey Tesla models, the estimated delivery time is January or February.

The upper-end “performance” version of the Model 3 can be delivered within four to six weeks, and that version of the Model X can be had in five to six weeks. But for less expensive models you’ll have to wait until between November to January.

The reason for the delays: A parts shortage that is temporarily shutting down auto plants around the world.

“The chip shortage issue isn’t moderating to the extent that the Tesla bulls had hoped,” said Dan Ives, tech analyst with Wedbush Securities and one of the analysts with a bullish forecast on Tesla shares. He said the delivery estimates have all been pushed back during the course of the last week.

Tesla did not respond to questions about the longer delivery estimates. In late July, CEO Elon Musk warned investors about problems with the supply of computer chips and other parts, telling them, “The chip supply is fundamentally the governing factor on our output. It is difficult for...

Read Full Story: https://sanfrancisco.cbslocal.com/2021/08/20/tesla-delivery-times-pushed-back-late-21-early-22-many-models/

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