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Model 3 production is absolutely critical and Tesla's future is in real danger. The future of Tesla is completely tied to the high production volumes of Model
by Nokinside 9y ago
Model 3 production is absolutely critical and Tesla's future is in real danger.
The future of Tesla is completely tied to the high production volumes of Model 3 at this point. The debt is piling up and rated as junk.
The low production goal 2500 was missed by 20 percent and it's not even certain if they can keep it up for a week at this point. Their November 2017 target was 5000 per week at this point.
The production will face new problems that are more expensive to fix when they ramp up the volume more. Producing 5000/week six months from now is
in jeopardy. If they miss that, Model 3 will be the last car Tesla produces with Musk in charge.