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by aerovistae
2940 days ago
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The article is stupid. The author doesn't have to directly claim there isn't enough demand, because the premise of the article comprehensively implies it. > this is a serious cause of concern for investors. No, it isn't. It's immaterial. Tesla isn't about to get pushed over the brink by some canceled reservations. Even if they had to give up $150 million in reservations out of their several billion dollars on hand, production is gaining steam at a very rapid pace. They're delivering tens of thousands of Model 3's per quarter now. The income from the fulfilled reservations will eclipse the trivial cancellation numbers by so much that I consider it irresponsible financial reporting to suggest otherwise. It's just short-side proselytising, is what it is. It's showing half the picture to reach a flawed conclusion for readers who don't know better. And moreover, I love how in the past year or so suddenly everyone and their aunt is an expert on production and manufacturing and is quite confident that Tesla doing a bad job. Compared to what, exactly? All the other brand new car manufacturers that sprung up a decade ago? Oh, wait. |
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