You can see this but in your own demo: http://demos.telerik.com/kendo-ui/datepicker/index
In the first DateTimePicker, for "Show e-mails from:" enter the following for the date:
Now, tab out of the DateTimePicker box. It re-formats the date to "12/31/2000" which, in my opinion, is great.
However, if you enter this date, it doesn't have the same behavior:
We are seeing this same behavior in our use of the control, and would like it to behave consistently. Any advice on how to get that to work?