Thursday, November 07, 2013 8:35:51 AM
The miss wasn't really a miss, they just didn't exceed on all fronts ( maybe the bar was too high by analysts).
I'm thinking that the European market looks better to them, factor in the extra steps they took for shipping, country specific nuances, etc., and potential resistance in the US by other dealers, etc.
With a battery capacity issue, two things: someone else to blame, seeds seeking funding for the giga factory ( forces the issue).
Someone pointed out that there was a lot of insider selling a few months ago. They probably saw the writing in the wall with the battery issue ( capacity and ....)
They are deciding to slow marketing, etc., until capacity issue cam be addressed ( battery, and other components) with no mention of "when" the issues will be addressed.
It sounds like that by being ambiguous, they have a window to develop Europe more, etc.
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