Not really all that suprising.
Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
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Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#12Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…
The bottleneck is absolutely not batteries. From the document, they specifically state that they have multiple steps which are only able to operate for short periods at 500 cars per week, which basically means 500 cars could be produced if you take how things went for two hours and assume that rate can be maintained for a week.
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#13Out of curiosity, has anyone who paid the $1000 to get in line for a Model 3 actually heard back from Tesla? I've never received any communication about timelines at all.
Me neither. Also, I am trying to get my $1000 back for 2 months now since it probably would take around 2 years until I get my Model 3. They are delaying and delaying the payout, so instead of me becoming a Tesla customer I am hating them more from day to day.
Weird, aren't Tesla selling any more places in that waiting list for the same price?
A place better than last would even be worth more, no?
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#14Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…
The most worrying is the slowing production of models S and X, coupled with what I'd call a collapse in the gross margins of those products. Why is the margin declining so drastically?
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#15I've been considering cancelling my preorder. As late as they'll be (assuming they do deliver) and my estimated place in line, the other manufacturers will have competitive offerings
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#16Not really all that suprising.
Especially not with other articles talking about lack of the right production mindset or process[0]. I'm a bit worried these days for Tesla cause these seem like problems stemming from ego of "doing it better through technology" and ignoring wisdom from the rest of the industry that actually works.
When major leadership keeps leaving[1] it feels like it's more of an ego, expectations, and political problem than a technical one.
[0]: https://mondaynote.com/teslas-new-car-smell-315c72c955d3
[1]: https://www.bloomberg.com/news/articles/2016-05-04/two-tesla...
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#17Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…
Tesla will also need to raise cash. Look at accounts payable.
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#18Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…
"key elements" of the battery module assembly had to be taken over and redesigned, Musk says. Tesla seems to be taking the opposite approach to Apple here. In my observation, Apple drives its suppliers extremely hard to achieve the quality it requires. Tesla, on the other hand, is too eager to bring any sundry part in house (e.g. car seats). Apple's approach appears to work in that it pushes suppliers to do what's ne…
Then how do you explain Apple making their own SoC?
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#19Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…
Tesla will also need to raise cash. Look at accounts payable.
Their bond prices are plummeting on this earnings release. The rope may be running out.
Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3
#20Earlier quoted context omitted.
"key elements" of the battery module assembly had to be taken over and redesigned, Musk says. Tesla seems to be taking the opposite approach to Apple here. In my observation, Apple drives its suppliers extremely hard to achieve the quality it requires. Tesla, on the other hand, is too eager to bring any sundry part in house (e.g. car seats). Apple's approach appears to work in that it pushes suppliers to do what's ne…
Then how do you explain Apple making their own SoC?
Perhaps that is their secret sauce?