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Likely it was his only option. Delaying shipping the car by 6 or 12 months (arbitrarily-chosen numbers) was simply a non-starter for, I'm sure, cashflow reasons
by rconti 9y ago
Likely it was his only option. Delaying shipping the car by 6 or 12 months (arbitrarily-chosen numbers) was simply a non-starter for, I'm sure, cashflow reasons.
Even if this means it takes 2-3x as long to get up to full production rate, from an investor standpoint, this was likely a necessary evil.
- melling 9y agoTesla only shipped 260 Model 3’s in Q3. Now they’re approaching 1000 cars a week. http://h4labs.org/tesla-is-approaching-1000-model-3s-a-week/ http://h4labs.org/tesla-is-approaching-1000-model-3s-a-week/
- dhzjxnbzn 9y agoCars produced in the last seven days of the quarter is a somewhat gamable metric. They may or may not be sustaining production at that rate.
- SimbaOnSteroids 9y agoWhile you are correct this is a very gamable metric, its nonetheless a good sign of considering the number of cars they were previously producing.
- Animats 9y agoThe good numbers come from DMV registrations. There are industry sources which collect that data weekly.[1] [1] https://hedgescompany.com/automotive-market-research-statistics/auto-mailing-lists-and-marketing https://hedgescompany.com/automotive-market-research-statist...