I have to eat crow. That is the civilized way to say it. What I wrote was completely off. It was logical, believable, and wrong. After submitting it, I thought I should have included that famous line about complex problems having simple answers that are completely wrong — a point I did prove. Another way of saying it, it was FUBAR.
Tesla delivered 110% more vehicles in the 1st quarter of 2019 versus the 1st quarter of 2018. The Q1 2019 delivery total was approximately 63,000. That said, the deliveries were 31% less than the 4th quarter of 2018, due in part to a high number of vehicles in transit, over 10,000.
Tesla Q4 2017 numbers are out and they show the company had strong sales of its Model S and Model X cars. Model 3 production was disappointing but the company says it will be building 5,000 cars a week by the end of June.
By Michael Grinshpun Summary High finished goods inventory does not imply that Tesla has an inventory because there is a pipeline full of cars being shipped at the end of the quarter. Regional monthly fluctuations in registration are caused by allocation of deliveries and do not represent fluctuations of demand like … [continued]
