Turntable666
Member
I may have missed it but when do we expect and what is the name of the next ship from Shanghai to EU after the Glovis Century
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The 2 ships to the EU this quarter are possibly TORONTO which should arrive in Zeebrugge on 26 Feb and probably MORNING CAPO which arrives there on 6 Mar.I may have missed it but when do we expect and what is the name of the next ship from Shanghai to EU after the Glovis Century
This is somewhat of an accounting question and I'm an engineer, but my understanding is that a car becomes "inventory" as soon as it is made, and retains that status until delivered to the customer. When somebody buys one and it is "allocated" to that customer, it is still inventory.Hi Mr. Miserable
I noticed that the available Tesla inventory in the EU went up after the Glovis Captain left SF ( https://ev-tsla.com/hunter/index.php ). The inventory has been going down since, but I don't see much in the way of registrations in Norway ( eu-evs.com )- do you know if unsold cars on the boats from SF get added to inventory when the boat sails?
Thanks
This is somewhat of an accounting question and I'm an engineer, but my understanding is that a car becomes "inventory" as soon as it is made, and retains that status until delivered to the customer. When somebody buys one and it is "allocated" to that customer, it is still inventory.
Since Tesla is a public company, it wants to report as many sales as possible, and minimize product in inventory. Thus the bizarre production and ship movement at the beginning and middle of each quarter and huge push to deliver at the end of a quarter.
As I say, I'm an engineer. Please correct me if this is wrong.
The 2 ships to the EU this quarter are possibly TORONTO which should arrive in Zeebrugge on 26 Feb and probably MORNING CAPO which arrives there on 6 Mar.
The next ship to the UK is not known at the moment but won't be imminent because according to a usually reliable source they are making LHD cars at the moment.
You are correct but it goes even a bit further. It wants to sell every car it makes each quarter and minimise the inventory level at the end of the quarter. Moreover, it will have agreed credit terms with its suppliers so that effectively Tesla don't pay their suppliers until the car is sold. It's not quite as simple as that but that is the concept, the build is financed by suppliers. To ensure sales in Europe are paid for by the end of the quarter the cars destined for EU are manufactured early in the quarter. The same applies to Chinese production.This is somewhat of an accounting question and I'm an engineer, but my understanding is that a car becomes "inventory" as soon as it is made, and retains that status until delivered to the customer. When somebody buys one and it is "allocated" to that customer, it is still inventory.
Since Tesla is a public company, it wants to report as many sales as possible, and minimize product in inventory. Thus the bizarre production and ship movement at the beginning and middle of each quarter and huge push to deliver at the end of a quarter.
As I say, I'm an engineer. Please correct me if this is wrong.
are those two ships not due for a subsequent stop at Southampton?
Trying to figure this out
Mr. Miserable, this is so exciting to follow, these updates are truly legendary.
How are cars transferred to Norway after they arrive in Belgium?
Mr. Miserable, this is so exciting to follow, these updates are truly legendary.
How are cars transferred to Norway after they arrive in Belgium?