Disagree. I was mainly referring to his execution. While the acceleration of the vehicle is impressive, the CR stuff was a but overinflated (and they went back on it and tweaked some of the ratings lower). I'm talking about as a company, they are really shitty at estimating demand and meeting that demand correctly.

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Do you want to be more specific? The Gigafactory will double the world's production of batteries and is the largest factory in the world by land mass. It is operational today but not yet at full scale.

I'm pretty sure he has lied about this as well, but I'm talking about his fresh claim that he will produce 500k Model 3s by 2018. No one believes him. And just like his estimate back in 2014 about his '15 run rate (he only hit half of what he promised), it won't happen.

I've seen him compared to Trump in that the details don't matter with him, and I definitely agree with that assertion. Like I said, I don't think he cares about the company itself very much.

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Posted by lynxcat

Member since Jan 2008

24231 posts

Posted on 5/10/16 at 2:17 pm to Lou Pai

quote:
I'm pretty sure he has lied about this as well, but I'm talking about his fresh claim that he will produce 500k Model 3s by 2018. No one believes him. And just like his estimate back in 2014 about his '15 run rate (he only hit half of what he promised), it won't happen.

What do you expect him to say? "We have 400k pre-orders but there is no way in hell we can actually make that many." As if that would be better than aspirationally saying they will start orders at the end of 2017.

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I'm talking about as a company, they are really shitty at estimating demand and meeting that demand correctly.

They are in the process of creating a new market. There are no legitimate comparables for their vehicles...so how can we be surprised that the demand forecast is shaky at best?

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But those problems mostly still fall under Tesla’s four-year/50,000-mile bumper-to-bumper warranty (and eight-year/unlimited mileage battery and drivetrain warranty), so they are generally being corrected at no cost to owners.

LINK /

So the reliability has been an issue for some....but they rarely come out of pocket for the fix.

I don't think this thread is about Elon's companies as "stock picks" so I don't know why we are hung up on that.

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