During my work time, I had the occasion to drive by the Tesla distribution center near the house. A few days ago, I posted an op-ed on the 25% increase in the prices of Tesla models over the last 18 months. I estimated that some 100 Teslas were parked at the distribution center. When I drove by yesterday, the entire lot was packed with Teslas. I did not get out and make a count. I did make a mental estimate of 300+ cars. Normally a car does not hit the Tesla distribution center unless it has a buyer.
This
means to me that despite the higher prices and continuing skepticism about
electric cars among car buyers, a lot more people are buying Teslas. This
surprises me. There is a lot of money out there!
Further proof came from a recent house
sale on Beach Blvd here in Pacifica. One of our readers was the agent on this
sale. No official figures or information is available as the transaction has
not gone through close of escrow yet. Redfin.com is my "go-to" source
of information on real estate values and sales. They estimate a sale price
between $1,600,000 to over $1,800,000! Most amazing is these sales do not
require financing. They are "all cash" purchases. Some people have
"pockets full of money!"
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