![]() Guggenheim’s Ali Faghri also wrote of potential demand issues in China, even though he thought the U.S. Spak added that there is “some overall concern about demand (not just China)” headed into Tesla’s report.ĭon’t miss: Tesla to deliver first Semi trucks to PepsiCo in December, Elon Musk says The question is whether the wait-time issue is a “blip” or indicative of “a bigger change among consumers.” “A top concern right now is demand in China as wait times seem to be shrinking,” wrote RBC Capital Markets analyst Joseph Spak. While Tesla seemed to peg its problems to delivery logistics, some analysts weren’t sure that was the only challenge facing the Elon Musk-led company these days. See more: Tesla reports record deliveries, but numbers are still shy of analysts’ targets Tesla’s stock fell 8.6% in the first trading session after the deliveries were announced. ![]() Tesla explained in a press release that delivery volumes have been heavily weighted to the end of quarters “due to regional batch building of cars,” but that as production volumes have increased, it’s become “increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks.” The company has moved to “a more even regional mix of vehicle builds each week, which led to an increase in cars in transit at the end of the quarter.”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |