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Tesla stock

Discussion in 'Tesla' started by bwilson4web, Aug 6, 2018.

  1. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

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    Production less than sales. 2Q sales/deliveries less than 2Q last year. Stock up 10% today. Still down 6% for the year.

    What caused the lower production?
     
  2. bwilson4web

    bwilson4web BMW i3 and Model 3

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  3. bwilson4web

    bwilson4web BMW i3 and Model 3

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    The need to reduce inventory.

    Bob Wilson
     
  4. Zythryn

    Zythryn Senior Member

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    Sales softened this year as some of Tesla models lost any fed rebates.
    EV sales continue to grow, but not at the breakneck speed they were growing by.

    Tesla built up inventory in the first quarter, so they cut production in order to trim that inventory.
     
  5. bwilson4web

    bwilson4web BMW i3 and Model 3

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    In an “S” curve has a rapid ramp and then the acceleration soften while sales continue at a steady, ‘hair on fire.’

    Bob Wilson
     
  6. bisco

    bisco cookie crumbler

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    competition keeps increasing - elons end game
     
  7. sylvaing

    sylvaing Active Member

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    26% increase in the last 7 days, 41% in the last 30 days and 49% in the last 90 days. Currently at $246.