3 ms·

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 righ

• 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.