Tesla Inc (TSLA)

[Prudent Capitalist]

This shutdown is very strange, in that they had just recently ramped up production after getting through the problems that kept them from filling orders on 3's. The concern here for TSLA longs ought to be whether the shutdown is actually due to over supply once the demand on backlog was met after they finally ramped up production. It was pretty evident long ago that many of the customers who had initially ordered 3's eventually got impatient and cancelled those orders in the face of the repeated delays in getting into serious production and getting the initial orders filled. This is just more negative news for Musk and TSLA IMO.