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What's in it for Tesla to downplay demand for their product?
by kingbirdy 6y ago
What's in it for Tesla to downplay demand for their product?
- afjl 6y agoI guess fans/media won't be as upset when production doesn't meet projected targets? Or maybe Musk just forgot the actual number and was guesstimating.
- gamblor956 6y agoStock price. If they overstate demand, the SEC can fine them for stock manipulation later. Downplaying demand is the conservative position to take, since it's not clear how many reservations will actually convert to sales.