Tesla Inc. vehicles sit in a parking lot before being shipped from the Port of San Francisco in San Francisco, California, U.S., on Thursday, Feb. 7, 2019. Tesla is loading as many Model 3 sedans as it can onto vessels destined for China ahead of March 1, when a trade-war truce between presidents Donald Trump and Xi Jinping is scheduled to expire.
For the first couple years after Tesla began making its Model 3, the car that is supposed to bring electric vehicles to the masses, it faced production problems that hampered its ability to make enough cars. Now that Tesla seems to have overcome that, it is facing more difficulties delivering cars to customers, and therefore, being able to book a sale.
The figures were a troubling sign for investors in a year when Tesla has staked its future on the Model 3, expanding sales to China and Europe and shifting the vast majority of its sales and production from the flagship Model S and Model X SUV to a new model aimed at a wider market of consumers. Tesla is also facing criticism for failing to reliably deliver on its long-promised $35,000 Model 3, production and delivery challenges, and legal battles.
Tesla said this month that Model 3 deliveries had fallen from 63,150 to 50,900 because of troubles shipping the cars to their overseas destinations. Overall, Tesla said its deliveries fell 31 percent compared to the final quarter of 2018.
subbles5k Problems need to be eliminated to achieve perfection. Tesla is and will remain perfect EV.
A big price hike is coming soon..
realdonaldtrump Did Trump transferred these tax credits to the buyers of coal-powered cars?
“The company, which Wall Street suspects may soon have to raise more cash, said it ended the quarter with just $2.2 billion US in cash, after paying off a $920 million convertible bond obligation in March.” bbc latimes NYDailyNews HGOHD HARJGTWO HWOZONE HARJGTHEONEDBA
“The company, which Wall Street suspects may soon have to raise more cash, said it ended the quarter with just $2.2 billion US in cash, after paying off a $920 million convertible bond obligation in March.” bbc latimes NYDailyNews HGOHD HARJGTWO HWOZONE HARJGTHEONEDBA
“The company, which Wall Street suspects may soon have to raise more cash, said it ended the quarter with just $2.2 billion US in cash, after paying off a $920 million convertible bond obligation in March.” bbc latimes NYDailyNews HGOHD HARJGTWO HWOZONE HARJGTHEONEDBA
No problemo It's just taxpayer subsidies, plenty more where that came from. Keep Eldon alive.
Yea, electric cars
Tesla... No internal combustion, but it certainly does have spontaneous combustion.
serlindsipity
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