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Tesla's next big delivery can't be far off

2 pointsby dpc59over 8 years ago

1 comment

Someoneover 8 years ago
<i>&quot;So now we know: Tesla Motors sold more cars than expected in the third quarter.&quot;</i><p>No, we don&#x27;t. They _delivered_ more cars than expected. We also know they produced slightly more cars than they delivered to customers (25,185 vs &#x27;about 24,500), so apparently they didn&#x27;t manage to deliver all of them. That&#x27;s to be expected. The &#x27;about 24,500&#x27; delivered will include cars produced in the last weeks of Q2 and will exclude cars produced in the last weeks of Q3, and the latter number is higher (by 30+ %)<p>So, it seems they can sell every car they produce, and aren&#x27;t sitting on an inventory. That makes it likely that they sold more cars, too, but that information is missing from the linked-to Bloomberg article (<a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-10-02&#x2F;tesla-delivered-24-500-vehicles-in-third-quarter-cnbc-reports" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2016-10-02&#x2F;tesla-deli...</a>)<p>Worst-case, they delivered cars ordered in Q2 and have a backlog of zero orders now. It won&#x27;t be that bad (likely be a long stretch), but if I were an investor, I would want to know more than just the number of deliveries.<p>(I also would try and get an estimate as to how many of the 400,000+ pre-orders for the model M would lead to actual sales. That&#x27;s very tricky, as it would be affected by the qualities of that car)