from:
Tesla Admits It Still Hasn't Completed A Model 3 Beta Prototype | Zero Hedge
Excerpts Below…
…buried deep within the company's most recent 10-K filing is an
admission that there is still no Model 3 beta prototype.
…However, with production due to begin in H2 2017 (just 4 months away) and delivery in 2018, doubts are starting to appear
…Wahlman points out,
Tesla has not “completed” a Model 3 “beta prototype” as of, well, either of these two dates: December 31, 2016 (the period that the SEC filing covers),
or March 1, 2017 (the date on which the document was filed)
…
Tesla could indeed deliver a Model 3 in July 2017 and declare victory. However, that is not to be confused with what a normal car company would call its start of sales to the general public.
…More smoke and solar panel mirrors?
…If the economics don't work with $80k cars, how will they work with $30k cars?