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I still can't believe how low TM has priced the S in China. I'm currently in the 'denial' phase and think the price will go up once TM realizes costs in delivery are higher than anticipated. But hope it won't since it is so cool!
Elon likes to lowball with good numbers: like suggesting they will make around 35k in 2014.
He knows exactly that each Qx report in the 2014 that slightly beats the expectations is rewarded over proportionally in the stock price.
My guess is 45k, I expect Elon to announce that "Demand is much higher than expected" which leads to more positive news (Elon is a marketing genius)
And its really much easier than people think, Fremont is running on only two shifts right now. So adding a third shift for a few quarters will give make it possible to achieve that kind of production rate.
Went to a Tesla talk last night put on through a technology club in Victoria (which is how I found out about it, not through Tesla)
Anyhow they had representatives from Tesla there (too bad no one mentioned AT ALL at the talk there were test drive events today and tomorrow which would have been nice, and also too bad they had not reached out to reservation holders to inform them of the talk or test drive ) and the gentleman, Lance (cannot remember last name but said he has been with Tesla for five years) , said the production rate currently is 600 cars/week and gave guidance of 25 000 for this year when questioned after the official talk. Seems low, but those were his words.
Makes sense at that production rate the can all take off for a 12 week vacation or if they go as high as the 1200 a week musk mentioned in Germany they can all take a 6 month vacationWent to a Tesla talk last night put on through a technology club in Victoria (which is how I found out about it, not through Tesla)
Anyhow they had representatives from Tesla there (too bad no one mentioned AT ALL at the talk there were test drive events today and tomorrow which would have been nice, and also too bad they had not reached out to reservation holders to inform them of the talk or test drive ) and the gentleman, Lance (cannot remember last name but said he has been with Tesla for five years) , said the production rate currently is 600 cars/week and gave guidance of 25 000 for this year when questioned after the official talk. Seems low, but those were his words.