edatoakrun
Well-known member
No, he did not.lpickup said:edatoakrun said:Here is a summary of what is known about model three production levels and their significance, worth reading:
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No! This is just another Tesla short picking up a non-story (or at the very least a very speculative one), treating it as gospel truth...
In fact he specifically stated that he did not verify Niedermeyer's reporting.
https://seekingalpha.com/article/4112109-model-3-may-mess-short-tesla-yet...I have not independently attempted to verify the matters reported by Niedermeyer. I will be interested to learn whether Tesla responds either to the Niedermeyer article or to any other reporters who may inquire about it...
Making false statements is no way to promote your opinions.
The cartoon was funny, but off-topic...
Back to the subject, from the same comment:
...Why It Matters
The slow rollout of the Model 3 matters in several important ways.
Every quarter of delay means Tesla will be digging the hole deeper with hundreds of millions of dollars in operating losses (as a reminder, CoverDrive’s estimate for Q3 is a GAAP loss of $498 million).
News of further delays imperils Tesla Model 3 refundable deposits. The deposits are important to Tesla not merely as interest-free loans, but as part of the narrative about the 450,000-plus people line up, ready to put down cold hard cash on a Model 3.
If the Niedermeyer story about the Michigan body panel line is accurate, it would mean that Tesla has been withholding material information from investors, and could undermine investor trust in the firm...