Reply to post: Scalpers

Tesla books over $8bn in overnight sales claims Elon Musk

MachDiamond Silver badge

Scalpers

I would love to know how many of the deposits were placed by speculators looking to resell their place in line or the car itself when available. I'm sure a few people have run the numbers and decided that they could earn a fair bit of return on those $1,000 deposits. Since they are refundable, they also have a way to back out should the Bolt or another EV take off. With savings interest rates at historic lows and playing the stock market much like gambling in a casino, car-scalping might be a better way to save for retirement.

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