Re:Tesla's Model 3 volume production target pushed back again
by thisisit on Wednesday January 03, 2018 @11:14PM
(#16067990)
> It's Musk trying to put an assembly line into service too fast.
He doesn't have much choice. The company is over leveraged 7 to 1. With Feds slowly increasing the interest rates, Tesla's interest obligations will start to balloon as well. So they need to start selling more and more cars. That requires a big assembly line.
He doesn't have much choice. The company is over leveraged 7 to 1. With Feds slowly increasing the interest rates, Tesla's interest obligations will start to balloon as well. So they need to start selling more and more cars. That requires a big assembly line.