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This is a risky strategy. Tesla has been missing deadlines and has ambitious timelines with the new FIFA factory, add to that a SolarCity integration and Musk r
by rdlecler1 10y ago
This is a risky strategy. Tesla has been missing deadlines and has ambitious timelines with the new FIFA factory, add to that a SolarCity integration and Musk running a little rocket company called SpaceX, and I could see investors punishing Telstar is this isn't absolutely magical and fully baked. Until the Model 3 is delivered, everything else is a distraction.
- pi-err 10y ago> Until the Model 3 is delivered, everything else is a distraction Agreed - except to increase cash flow to get to build >500k Tesla 3 fast enough. They're climbing a mountain of risk at this point. If the first T3 production year is too low in quality and/or quantity, the rest of the reservations could evaporate, especially as the rest of the industry is finally embracing electric. A utility version of Tesla X could churn out some hard needed cash.
- toomuchtodo 10y agoThere isn't enough battery manufacturing capacity in the world for other auto manufacturers without Tesla's Gigafactory.