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Don't think that's the case -- did you listen to the latest earnings call? They're forecasting a cashflow positive Q3 with 15% gross margin on the Model 3s, and
by megakwood 8y ago
Don't think that's the case -- did you listen to the latest earnings call? They're forecasting a cashflow positive Q3 with 15% gross margin on the Model 3s, and have sustained 5,000 M3 and 2,000 S&X per week for several weeks now. They even closed the reservation system and are taking orders for 2 months out.
- techstrategist 8y agoIt’s widely reported (even among usually optimistic forecasters) that Model 3 production has stalled as low as 3k per week after the initial rush week. There are further questions regarding warranty provision that may be hiding significant costs which would impact that 15% GM. https://www.bloomberg.com/graphics/2018-tesla-tracker/ https://www.bloomberg.com/graphics/2018-tesla-tracker/ * edit: typo