By on July 7, 2016

1985 Honda Accord, Image: Honda via NetCarShow

Electric automaker Tesla Motors has collected more than 400,000 deposits from customers for its 2018 Model 3 sedan, despite having little more than rough renderings of the car to show prospects. This is a remarkable achievement that speaks to its groundbreaking products and the cult-like following of Tesla CEO Elon Musk.

People standing in line to put down deposits and then be willing to wait for a hot car is not without precedent. I sold Honda automobiles during the 1980s and the similarities to today’s Teslamania is striking.

Memo to Musk: If you can indeed increase your production five-fold in two years, I am sure you will move 400,000 Model 3s, but most of them won’t go to today’s deposit holders.

Allow me to explain. The scene was Benson Honda in San Antonio. The year was 1984 … (Read More…)

Recent Comments

  • krhodes1: As soon as I saw this I thought “that is so very Italian looking”. So of course it was penned...
  • mcs: @SCE: Panasonic says Tesla’s cells are about to get a 20% boost in density. That might get them to 480...
  • SaulTigh: My first car, a ’78 Lebaron coupe had a vinyl top. It was rotting away and causing the roof below to...
  • tankinbeans: I want to say the most recent car I’ve seen with the eye-searingly ugly vinyl roof was one of the...
  • Jeff S: highdesert–My nephew ordered the lift before the Covid-19 and it is a nice. It is heavy enough to lift...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Matthew Guy
  • Timothy Cain
  • Adam Tonge
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber