that’s not true. they have a lot of inventory on their b/s
What specifically do you mean? On page 6 it shows that global inventory is currently lower than it has been in 3 of the last 4 quarters.
17 days of inventory is on par with previous quarters except Q1...
Well yes, that is the point. Tesla's deliveries have been limited by their production capability for a while now. If the problem was a lack of demand, you would expect inventory to grow or production to slow, but neither of those have happened (beyond a slight decrease in production due to COVID related closures).
well there are rumors they are shutting down parts of Fremont for “upgrades” soon. likely because their inventory is higher than they want.
Are you admitting that your opinion on Tesla's inventory is based entirely on rumors? I am basing my opinion on the linked document which show excessive inventory isn't an issue. Maybe the rumors are right and the document is wrong, but that would constitute fraud and would mean there are bigger problems at Tesla than their inventory levels.
EDIT: This was comment was downvoted multiple times so I rephrased it to be less aggressive than how it was originally written.
Re:Q2 2020 Update
by DanCarvajal on Wednesday July 22, 2020 @05:37PM
(#23921890)
They're actually building another tent to make cars in right now. Not sure it's an upgrade but it's something.
Isn't this pretty easily explained by the total number of deliveries not growing? They might be expanding internationally to new markets or introducing new cars, but total deliveries have been pretty consistently around 90k for the last 2 years also. They still seem to be selling every car they produce and aren't able to produce cars fast enough to increase total deliveries. The real question is what happens when some of those new factories come online and at what point is demand saturated.