Re:Tesla Financial Results 2019 Q4
by woodandsteel on Wednesday January 29, 2020 @07:40PM
(#22187761)
At 500k per year they were still nowhere near meeting global demand, and they decided to move sales away from markets they were already well-established in, and into new ones.
The nice thing about this disagreement we are having is it will be settled by what happens in the next year. I say Tesla's sales will go up strongly now that it has another factory. I take it you think they won't, and all that new capacity will go unsold.
You're spot on with everything. I think the biggest hitch this year will be China. That is such a huge market
Again they produced 367k, not 500k, like they claimed they could. If they could produce 500k, why claim they could, and why didn’t they?
And I would say Tesla’s revenue growth will start to flatline, yes, as the last two quarters have shown.
Re:Tesla Financial Results 2019 Q4
by woodandsteel on Thursday January 30, 2020 @09:56PM
(#22198574)
Their production capacity increased in every quarter. By the end of the year it was at a 500k per year rate. And it is continuing to go up rapidly, now that it has a new factory.
Companies are rarely production constrained. Many claim they are, but the fact that Tesla sales in their two largest markets declined doesn’t indicate to me that production is their number one issue.