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tibbcat

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tibbcat

Re: Porgie Tirebiter post# 12033

Saturday, 02/10/2018 3:48:28 PM

Saturday, February 10, 2018 3:48:28 PM

Post# of 86425
Yes it will. Did you all notice the sudden lack of cash burn this quarter? that's because they slowed production of the model 3. If they had actually been meeting their production 'targets' (notice no longer a 'forecast') then the cash burn would have been another record.

It simply costs much more to build a model 3 than it can be sold for. So in order to meet it's production 'targets' next quarter, tsla will have to burn through more millions to do it.

Tesla is valued at 55 Billion with sales of 100k units

GM is valued at 55 billion with sales of 10 million units.

Not only are they not meeting model 3 production targets, I seriously doubt that they can mass produce the thing at all. Actually, we know that they cant. and if they do, it is done at a significant loss per unit.

is tesla a bubble??
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