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So the bank predicted 2-3 billion in 2018, and instead it's 1.5B in 2019. The CEO of a company is optimistic about his company, and the bank is pessimistic abou
by tinco 8y ago
So the bank predicted 2-3 billion in 2018, and instead it's 1.5B in 2019. The CEO of a company is optimistic about his company, and the bank is pessimistic about the company. Truth ended up somewhere in the middle, I don't see anything noteworthy about this.
- falsedan 8y agoYou don't see anything noteworthy about a $1,500,000,000 gap in funding?
- tinco 8y agoTesla had a revenue of $20,000,000,000 in 2018. Yes those are big numbers. They had some problems, fell short by 5-10% (or 25% if the trend continues :P), yes that's a big deal short term, and yes if this were some big stable corporation people would get fired. But Tesla is not a big stable company, no matter how many people buy the stock on their Robinhood accounts. And no one said the gap wasn't noteworthy, what I'm saying is Musk's response to that article has very little relevance to this situation, at least from my perspective.
- justapassenger 8y agoIt's 1.5B after several rounds of gutting the company, closing stores, firing people, etc. Banks were predicting 2-3B, to sustain trajectory they were on in 2018. 2019 is much different time, with Tesla scaling back.
- computerex 8y agoIf the CEO misses the guideline by such an enormous margin, there clearly is a problem.