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>demand has not weakened What metric are you basing this off of? Did they not miss sales expectations?

• mikeash 10y ago
  They missed delivery expectations. Most of those cars in transit are already reserved by a customer and just need to be delivered to the person who ordered them so Tesla can collect their money. Tesla doesn't build many cars without a buyer already lined up. They build a few for showrooms and service center loaners, but it's not a big number. You might say that demand is falling off and Tesla is just producing a bunch of cars without corresponding orders to try to hide that fact, or whatever. But that's a rather conspiratorial interpretation, and would directly contradict Tesla's statement that the delivery miss was due to the sudden increase in production rates near the end of the quarter and resulting large number of cars still in transit.
  • forgetsusername 10y ago
    I don't know either way, but the first paragraph of this article says they missed sales estimates.
    • mikeash 10y ago
      My point is that sales equate to deliveries, and deliveries missed expectations because of delays in ramping up production, not decreased demand.