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At 500k per year they were still nowhere near meeting global demand, and they decided to move sales away from markets they were already well-established in, and
by woodandsteel 7y ago
At 500k per year they were still nowhere near meeting global demand, and they decided to move sales away from markets they were already well-established in, and into new ones.
The nice thing about this disagreement we are having is it will be settled by what happens in the next year. I say Tesla's sales will go up strongly now that it has another factory. I take it you think they won't, and all that new capacity will go unsold.
- xeromal 7y agoYou're spot on with everything. I think the biggest hitch this year will be China. That is such a huge market
- xkjkls 7y agoAgain they produced 367k, not 500k, like they claimed they could. If they could produce 500k, why claim they could, and why didn’t they? And I would say Tesla’s revenue growth will start to flatline, yes, as the last two quarters have shown.
- woodandsteel 7y agoTheir production capacity increased in every quarter. By the end of the year it was at a 500k per year rate. And it is continuing to go up rapidly, now that it has a new factory.
- xkjkls 7y agoDid it? They only produced a small number more than they did per quarter at the end of last year. Why do we think they are production constrained?