Could any other action by Musk more dramatically illustrate just how vital the FTC subsidies are to TSLA's continued existence, and what a liar he has been over the years when he has repeatedly said that TSLA doesn't depend on them?
It's not that Tesla depends on the tax credit. The Model 3 will do just fine with or without the credit, which by the way doesn't even apply to a huge number of reservation holders world wide. It's about the competitive position vis a vis other automakers. Nobody, and probably not even Musk, would deny that Tesla is in a better position to compete with the full credit in place.
Since intentionally delaying sales this quarter (to the degree you suggest) also results a contrived deferment of about half a billion dollars of revenue until the long-promised-to-be-profitable next quarter, shareholders (not to mention the SEC) just might find some reason to object to this bizzare behavior...
See my above comment. Smart investors will not put significant weight in an arbitrary calendar date when shown evidence that the sales were merely shifted and will be realized within a month.
At this point, I'm beginning to think you are pulling my leg...
Anyway, if BB is correct in their latest guesses (they have been way off before) of model 3 production
rates, there doesn't look to be much effort required (and certainly no need to withhold "9,000" or "12,000" finished cars from customers) for TSLA to fall short of 200 k USA deliveries
Not much real news in the article below, but the summary of TSLA production history should make any rational observer skeptical of claims of rapid increases in sustained production rates are imminent, whether this month or next.
https://www.thedailybeast.com/tesla-vet ... ks-company
Tesla Veterans Reveal Fires, Accidents, and Delays Inside Elon Musk’s Company
Their sleek, powerful electric cars are a taste of the future, but the company struggles when it comes to actually building them.
Tesla CEO Elon Musk’s attacks against “sanctimonious journalists” and “divisive” unions have captured the public’s attention in recent weeks, but Musk has bigger problems on his hands: His automaker has struggled to deliver on the promise of a mass-market fully electric car, the Model 3 sedan.
When Musk delivered the first Model 3s last year, he jokingly warned customers and employees that the firm would be entering “production hell.”
But according to several former Tesla insiders, it’s not a joke.
Cars built by hand, fires that turned a paint sprayer into a flamethrower, rampant quality problems, and a bloated workforce plague the factory, the insiders say. That’s on top of an injury rate that Reveal News reports is higher than the industry average, with shocking examples. These interconnected symptoms of Tesla’s “production hell” raise questions about the company’s entire approach to manufacturing, which diverges significantly from the auto industry’s practices that have been honed over decades.
The sources requested anonymity to speak because of Tesla’s history of trying to catch leakers, including once reportedly leaving a “fingerprint” in memos to find who divulged them to the press.
Throughout its history Tesla has been successful in convincing Wall Street that it is more technology company than auto manufacturer and is worth more than Ford. Its software startup-style culture has produced stunning designs and cutting-edge in-car technologies that delight consumers.
But ultimately Tesla’s business is to make cars—and a lot of them. Tesla said it plans to make as many as 1 million Model 3s per year by the end of the decade. Yet it has already fallen behind its targets for Model 3 production. Stumbling on the Model 3 from practically day one, Tesla’s frantic attempts to meet Musk’s ambitious production targets are exacting a heavy cost on its people, products, and culture...