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> well placed to achieve its target of producing 2 million in 2023. Wasn't the original goal to sell 2 million, not produce 2 million?
by stubybubs 3y ago
> well placed to achieve its target of producing 2 million in 2023.
Wasn't the original goal to sell 2 million, not produce 2 million?
- jandrese 3y agoI think most Teslas are already sold before they leave the factory floor.
- stubybubs 3y agoThat definitely used to be the case, they seem to be building inventory and idling factories lately.
- jfoster 3y agoYou could be right about the inventory, but isn't idling factories the exact opposite of what they're doing if they're smashing production targets?
- 93po 3y agoshhhh just go with it
- manquer 3y agoBoth could theoretically possible if they have bought on online a lot of factories or lines . This is not the actual case while possible, they have been investing heavily in production capacities in Berlin , Shanghai, Texas etc however they are not so far outstripping demand with new capacity.
- jfoster 3y agoYeah, theoretically of course, but if they were bringing online that degree of manufacturing then they would also match it with higher targets.
- manquer 3y agoBringing capacity online takes years of planning , it is quite possible that market conditions no longer support that kind of growth (recession/more competition etc). Tesla has very aggressive capacity being built in Texas , Mexico, Berlin and Shanghai not to mention other component plants in Nevada, Canada Netherlands etc. It is quite probable next year they cannot keep growing sales aggressively as before and some capacity will idle despite breaking records and hitting targets and having more unsold inventory .
- helsinkiandrew 3y agoIt delivered over (and presumably sold) 96% of the vehicles it has produced. Presumably the price cuts have had their desired effect on reducing unsold inventory > The deliveries are the most ever in a quarter for Austin-based Tesla, and a 83% increase from a year ago. The company also managed to trim the gap between production and deliveries — a figure closely watched by analysts — to 13,560 units in the second quarter. In the first quarter, it produced nearly 18,000 more cars than it delivered to customers. https://www.bloomberg.com/news/articles/2023-07-02/tesla-sets-a-new-delivery-record-as-price-cuts-yield-results https://www.bloomberg.com/news/articles/2023-07-02/tesla-set...