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by oldnet 1085 days ago
A few things

- Tesla beat estimates about 20k but tesla had severals sales - I thing 4 or 5 times

- Tesla still didn't delivery 15k cars = parked in warehouse because no orders

3 comments

> Tesla beat estimates about 20k but tesla had severals sales - I thing 4 or 5 times

Yes they did do discount. Tesla still has higher margin than pretty much all the other car makers. They still have room to adjust price if they want.

> Tesla still didn't delivery 15k cars = parked in warehouse because no orders

Any difference that other car makers? There are always cars in the inventory for all makers. For Tesla you can see the numbers. Others may hide it by shipping unsold vehicles to dealers. It's also not "no orders", only "not yet ordered"

Also, Tesla did deliver 466K vehicles, which is a record. With all the competition coming and the headwinds, they still manage to beat the record.

Tesla inventory rates are still very low in terms of overall industry. And this quarter the inventory went from 15 to 16, so it almost didn't change at all.
15k cars is three days of production for Tesla.

So that's about no stock.