Welcome to the car business, fucked faced TSLA shareholders. You thought Elon Musk’s stupid electric cars were immune to the plagues of production issues that have harassed the auto industry for the past hundred years?
Think again.
Tesla on Sunday said it delivered 14,370 vehicles in the second quarter, missing its forecast of 17,000 units because of what it called an “extreme production ramp” with half of the quarter’s output in the final four weeks. The maker of electric cars and energy-storage devices now expects to deliver about 50,000 cars in the second half, according to a statement. That means 79,180 Model S sedans and Model X sport utility vehicles shipped for the full year, slightly below its previous range of 80,000 to 90,000.
But don’t worry. I’m sure all of those SCTY door to door solar panel salesmen will bail you out of this mess.
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Hubris trumps smart everytime. As euro banks are sson to find out.