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The difference between produced and delivered vehicles points to why quarterly numbers have to be taken with a huge grain of salt. Did you miss numbers because
by _ph_ 10y ago
The difference between produced and delivered vehicles points to why quarterly numbers have to be taken with a huge grain of salt. Did you miss numbers because you had a bad quarter, or did you miss numbers because some sales slip by a week or two? The first might be meaningful, but the second usually is not - quite the contrary, for the overall business its often better to slip a few weeks, than to artificially "make" the quarter numbers.
- mikeash 10y agoThey explicitly stated that the difference between production and delivery was due to a sudden production increase near the end of the quarter resulting in many more cars still in transit to their buyers. They had about 2,500 more cars in transit at the end of Q2 than at the end of Q1. They were producing about 1,000 more cars per week at the end of Q2 than at the end of Q1. If it takes their cars an average of 2.5 weeks to be delivered from the factory (which is a reasonable number) then everything lines up. I don't see any need for a grain of salt or thinking it's mysterious.
- _ph_ 10y agoSorry, if I was not clear - in the Tesla case its obvious that the "missed" numbers are the cars still in transit. But most media reports about Tesla do not seem to take this under considerations. So, yes, Tesla is a bit late, which isn't good news, but neither especially bad news, but I have seen media reports where people make "Tesla can't sell all the cars they make" out of it.
- mikeash 10y agoOh, ok, sounds like we're in agreement then. Thank you for clarifying for me.