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Unforeseen logistics issues when delivering to a multitude of countries. It's not a bad sign, they have the best selling EV in the world and expect to be profi

by leesec 8y ago

Unforeseen logistics issues when delivering to a multitude of countries. It's not a bad sign, they have the best selling EV in the world and expect to be profitable from here on out. If they they aren't profitable the next 3 quarters then I'd be worried.

dragontamer 8y ago
> Unforeseen logistics issues when delivering to a multitude of countries. Why did PRODUCTION drop? What happened to US demand? The M3 sold 61,000 Units Q4 2018 in the USA alone. Why would expanding to China + Europe lower both production and deliveries? Why would Tesla only make 51,000 M3 cars when trying to satisfy China + US + Europe? Note what Tesla said: > At the end of the first quarter, approximately 10,600 vehicles were in transit to customers globally. Okay, so lets say all of those vehicles in transit were delivered in Q1. That means Tesla "would have" delivered 70,000 cars (total, S+X+3), which is still a 20% drop from the 90,000 (S+X+3) delivered in Q4.