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Weren't there order cancellations that brought the number to 455,000 in early August? I may be remembering incorrectly. I do remember that Musk put it this way
by totalZero 9y ago
Weren't there order cancellations that brought the number to 455,000 in early August? I may be remembering incorrectly.
I do remember that Musk put it this way: "It's like if you're a restaurant and you're serving hamburgers, and there's like an hour-and-a-half wait for hamburgers — do you really want to encourage more people to order more hamburgers?"
There's a pretty low likelihood that the market will turn on Musk at this point. And they shouldn't. Poor execution on production issues, for a product that maintains high demand, doesn't change the fundamental value of the company, nor its potential for growth and greater market share. All it changes is the timeframe of the company's trajectory.
- treebeard901 9y agoIt would be interesting to know if any of the cancellations were from the same people shorting the stock.