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30 days ago you said they are producing 100,000 cars a year. You were quite confident then: "They've sold well over 100,000 cars. The current total is around
by melling 10y ago
30 days ago you said they are producing 100,000 cars a year. You were quite confident then:
"They've sold well over 100,000 cars. The current total is around 140,000. They project 80,000 or 90,000 this year, with a slow start, so I think their current rate is 100,000 if not higher."
You shrugged off getting to 100,000 cars as no more difficult than other periods of time:
"
mikeash 26 days ago
Going from 2,700 to 22,000 in 12 months sounds difficult too, as does going from 22,000 to 32,000 and from 32,000 to 50,000.'
- mikeash 10y agoThey built over 18,000 cars this quarter. They say half of that was done in the last four weeks of the quarter. That's 9,000 cars in four weeks, 2,250 cars per week, for an annualized rate of about 117,000/year. Seems like my confidence was completely warranted.
- Avshalom 10y ago>do not put any faith in timelines
- mikeash 10y agoIn general that is totally true. They'll say 6 months and it's really 12. They'll say a year and it's really two or three. And I have no confidence in their stated objective of producing 500,000 cars in 2018. But when talking about the current production rate, that's hardly a "timeline" and doesn't much involve guessing the future. I will admit that these sales numbers don't really look like a missed timeline. It is definitely a theme with these companies, but doesn't seem to apply here.