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Q1 2016 Tesla press release

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ecarfan

Well-Known Member
Moderator
This official statement from Tesla contains an amazingly blunt list of reasons why Model X deliveries fell short of projections in Q1 2016, quote:

"The root causes of the parts shortages were: Tesla's hubris in adding far too much new technology to the Model X in version 1, insufficient supplier capability validation, and Tesla not having broad enough internal capability to manufacture the parts in-house. "

Tesla Delivers 14,820 Vehicles in Q1 2016; On Track for Full-Year Delivery Guidance (NASDAQ:TSLA)

How refreshing to see a company admit to errors.
 
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