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I understand their non-commercial vehicles not selling, but I expected the deal with Amazon to provide more runway.

• 1123581321 4y ago
  They’re selling retail as fast as they can produce them. Same for producing fleet vehicles. Their cash flow is all about their slow production and delivery right now.
  • jandrese 4y ago
    They've been missing their production targets by a fairly large margin. Ultimately if they can actually build the trucks they should be in a decent spot, but that is apparently difficult.
  • jillesvangurp 4y ago
    Yes, they are supply and production constrained; not demand constrained. Like most players in this industry in the current market they actually struggle to satisfy demand. That can only be fixed over time by investing in production capacity and supply chains. Luckily, they have plenty of cash in reserve to survive the next few years. So, if they start addressing those issues, their revenue situation should improve as their production volume stabilizes.
  • _ea1k 4y ago
    It baffles me that they didn't come up with a better plan for getting a second factory online. If anything kills them, it will be the time taken to get to their second generation, high volume products. Independent car companies don't survive without getting to hundreds of thousands of units a year. Tesla couldn't be profitable with less than 350k/year.
• echelon 4y ago
  I saw my first one several months ago and was so excited I wanted to take pictures. I've seen five of them in the past week because the headlights are so unmistakable. They draw your attention in a way few vehicle models do. I counted four pickup trucks, one SUV. This was in Georgia, which has a huge pickup market.