Re:Tesla Financial Results 2019 Q4
by xkjkls on Thursday February 06, 2020 @03:45PM
(#22260108)
How many of these things exist currently? As far as I know I’ve only seen a total of 10 deliveries from the Chinese factory, there has not been a single Model Y sold to the public yet, the German factory hasn’t even broken ground, and the Solar Roof, despite being in production for three and a half years still hasn’t had even a thousand customers install yet.
Companies exaggerate in their PR statements. It’s very easy to claim a factory is complete but not have meaningful production. It’s very easy to claim that the Model Y is just around the corner. It’s apparently very easy to bilk investors that solar roofs are beyond a concept phase for three plus years. That doesn’t mean they are.
It’s not a conspiracy theory to want a company to produce audited financials that show that they have done the complete investment in all of these projects and they aren’t vaporware.
Companies exaggerate in their PR statements. It’s very easy to claim a factory is complete but not have meaningful production. It’s very easy to claim that the Model Y is just around the corner. It’s apparently very easy to bilk investors that solar roofs are beyond a concept phase for three plus years. That doesn’t mean they are.
It’s not a conspiracy theory to want a company to produce audited financials that show that they have done the complete investment in all of these projects and they aren’t vaporware.