abasile said:
cwerdna said:
They did miss their delivery targets earlier this year and also recently raised prices on the Model S. IIRC, they also raised prices on the Roadster before they were delivered.
This seems like small potatoes. The delay is not great, and the price increase not so big.
Hmmm.... well, from http://www.forbes.com/sites/toddwoody/2012/07/25/investors-hit-accelerator-despite-tesla-q2-revenue-miss/" onclick="window.open(this.href);return false; they were targeting 5000 by end of 2012. But from http://www.dailytech.com/Tesla+Motors+Reduces+2012+Revenue+Predictions+After+Model+S+Delays+/article27783.htm" onclick="window.open(this.href);return false;, if I take the high end of the ranges, that's 3225. Meeting only 64.5% of your target that Wall Street was told about is small potatoes?
In August 2012, before the above announcements there were these stories:
Tesla: Sell Enough Cars by Year's End, or Else:
http://blogs.cars.com/kickingtires/2012/08/tesla-sell-enough-cars-by-years-end-or-else.html?shout_id=22798%3A387618" onclick="window.open(this.href);return false;
Tesla CEO: future hinges on increasing Model S production:
http://www.leftlanenews.com/tesla-ceo-future-hinges-on-increasing-model-s-production.html" onclick="window.open(this.href);return false;
I will agree that they have what seems like a great product by virtually all accounts. The issue is whether their business is sustainable. As I think I've posted elsewhere (maybe here) before, a major automaker can product a great car for $(insert large amount here). But, in order to be profitable, there have to make compromises to get it to down to a point where it's competitive and will sell. If Tesla doesn't make $, eventually, they will go under. If they're near death and they're lucky, someone will scoop them up.
I think some people are letting their enthusiasm for the company and product cloud how they view the company and its situation.