4 ms·

I don’t see evidence of the failure. As far as I’ve seen, Tesla has met and then exceeded every single production target they’ve set, including Model 3 producti

I don’t see evidence of the failure. As far as I’ve seen, Tesla has met and then exceeded every single production target they’ve set, including Model 3 production start (which was on time even, last summer). Some were delayed by _years_ but they hit them. The most recent goal they have set is 5000/week. It was originally slated for Q4 2017. So that date has slipped now by at least 3 months. I doubt they’ll hit it in Q2. Maybe they won’t hit it until 2019. But all available evidence suggests the will hit it. Every previous goal was met, why would this be the first one that isn’t?

maxerickson 9y ago
Don't the goals and targets include doing it by a stated date?
ucaetano 9y ago
Have you been living under a rock? https://www.nasdaq.com/article/tesla-tsla-fails-to-meet-production-target-of-model-3-cm854445 https://www.nasdaq.com/article/tesla-tsla-fails-to-meet-prod... > It was originally slated for Q4 2017. So that date has slipped now by 3 months. Wait, that doesn't qualify as failing to meet a target?
- dang 9y ago
  We ban accounts that post uncivilly. We've warned you repeatedly in the past. If you keep doing it we're going to have to ban you. Would you please fix this? https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
king_magic 9y ago
> As far as I’ve seen, Tesla has met and then exceeded every single production target they’ve set. > The next goal they set was 5000/week. It was originally slated for Q4 2017. So that date has slipped now by 3 months. Those feel like unambiguously contradictory statements. > Every previous goal was met, why would this be the first one they can’t hit? Because... they quite literally did not hit the goal?
- erikpukinskis 9y ago
  I didn’t say they hit those goals on time I said they hit the goal. Therefore they’ll most likely hit this one. Not on time, but no one expects that.
PKop 9y ago
https://seekingalpha.com/article/4159709-tesla-headed-credit-driven-meltdown https://seekingalpha.com/article/4159709-tesla-headed-credit... This is just one (of many) "short case" articles against TSLA. According to almost every source I've come across, Tesla has continually shifted the goalposts around meeting their production schedules, and is burning through cash at an unsustainable rate. Recently their credit rating has been downgraded, and they need, and it will be difficult to get, a massive amount of debt to continue operations. I'm not real clear on what people base their expectations on them succeeding on.. hype? An excerpt: "In downgrading, Moody's states: Tesla's ratings reflect the significant shortfall in the production rate of the company's Model 3 electric vehicle. The company also faces liquidity pressures due to its large negative free cash flow and the pending maturities of convertible bonds ($230 million in November 2018 and $920 million in March 2019). Tesla produced only 2,425 Model 3s during the fourth quarter of 2017; it is currently targeting a weekly production rate of 2,500 by the end of March, and 5,000 per week by the end of June. This compares with the company's year-earlier production expectations of 5,000 per week by the end of 2017 and 10,000 by the end of 2018." That doesn't sound like "exceeding production targets" to me

maxerickson 9y ago

Don't the goals and targets include doing it by a stated date?

ucaetano 9y ago

Have you been living under a rock? https://www.nasdaq.com/article/tesla-tsla-fails-to-meet-production-target-of-model-3-cm854445 https://www.nasdaq.com/article/tesla-tsla-fails-to-meet-prod... > It was originally slated for Q4 2017. So that date has slipped now by 3 months. Wait, that doesn't qualify as failing to meet a target?

dang 9y ago
We ban accounts that post uncivilly. We've warned you repeatedly in the past. If you keep doing it we're going to have to ban you. Would you please fix this? https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

king_magic 9y ago

> As far as I’ve seen, Tesla has met and then exceeded every single production target they’ve set. > The next goal they set was 5000/week. It was originally slated for Q4 2017. So that date has slipped now by 3 months. Those feel like unambiguously contradictory statements. > Every previous goal was met, why would this be the first one they can’t hit? Because... they quite literally did not hit the goal?

erikpukinskis 9y ago
I didn’t say they hit those goals on time I said they hit the goal. Therefore they’ll most likely hit this one. Not on time, but no one expects that.

PKop 9y ago

https://seekingalpha.com/article/4159709-tesla-headed-credit-driven-meltdown https://seekingalpha.com/article/4159709-tesla-headed-credit... This is just one (of many) "short case" articles against TSLA. According to almost every source I've come across, Tesla has continually shifted the goalposts around meeting their production schedules, and is burning through cash at an unsustainable rate. Recently their credit rating has been downgraded, and they need, and it will be difficult to get, a massive amount of debt to continue operations. I'm not real clear on what people base their expectations on them succeeding on.. hype? An excerpt: "In downgrading, Moody's states: Tesla's ratings reflect the significant shortfall in the production rate of the company's Model 3 electric vehicle. The company also faces liquidity pressures due to its large negative free cash flow and the pending maturities of convertible bonds ($230 million in November 2018 and $920 million in March 2019). Tesla produced only 2,425 Model 3s during the fourth quarter of 2017; it is currently targeting a weekly production rate of 2,500 by the end of March, and 5,000 per week by the end of June. This compares with the company's year-earlier production expectations of 5,000 per week by the end of 2017 and 10,000 by the end of 2018." That doesn't sound like "exceeding production targets" to me