This man visited Tesla’s hidden inventory lot in California
- This YouTuber paid a visit to Tesla’s hidden inventory lot in California
- There were hundreds of cars stored on the property
- But were they in good condition?
Published on Nov 18, 2024 at 7:36 PM (UTC+4)
by Ben Thompson
Last updated on Nov 19, 2024 at 12:36 PM (UTC+4)
Edited by
Tom Wood
This Californian paid a visit to Tesla’s hidden inventory lot to see if there was a stockpile of unsold cars.
YouTube channel DennisCW was investigating headlines that suggested the company had a big surplus of cars they hadn’t sold.
As he pulled up to the lot, he noted that a lot of the cars appeared to be quite ‘dusty’.
But beyond that, what sort of condition were these cars in?
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Taking a look inside a Tesla inventory lot
There lot was primarily made up of Model Ys and Model 3s.
From the get-go, Dennis made clear that he felt the issue had been ‘overblown’ by the media.
He said: “Tesla kinda just switched what this process was.
“They were made-to-order service before where you would order and it’d be delivered to you as your ordered it.
“I feel like they switched that to a more volume based production, so they now have an inventory on hand.
“But once you make so many vehicles and people aren’t buying for economic reasons, financing, inventory starts to build up.”
Dennis headed into the lot, filled with hundreds of cars laid out in rows, a mix of new and used.
How can he tell the difference between the used and new?
In California, used cars are required to keep their registration plates on even when bought up by a new owner.
Although he didn’t do an exact count, he estimated there were between 300 and 400 vehicles sat in the lot.
That might sound like a lot, but we’ve seen a lot more cars gathered together than that.
Just take car graveyards as a prime example of that, especially this one in Sweden.
How are the cars holding up?
As Dennis walked around, he noted that the cars were in pretty good shape.
However, one Model Y had a fair splattering of bugs across its exterior.
Based on the dates of many of the cars, they’d arrived relatively recent – generally within a month of Dennis’ visit.
This would debunk any notions that the cars are languishing and not being bought at all.
Dennis concluded: “They could fit a lot more cars here if they needed to.
“So the question is – is Tesla overstocked?
“They definitely are stocked. They definitely have inventory.”
In the end, he decided that there was a good chance that a lot of cars were kept here because there wasn’t enough room at the local dealership.
To see Tesla’s hidden inventory lot for yourself, head over DennisCW‘s YouTube channel.