Relevant:
- Tesla's Cash Crunch Will Intensify As Model 3 Production Shuts Down Again
- Tesla May Post A Billion-Dollar Loss This Quarter
- Tesla's Model 3 Arrives With a Surprise 310-Mile Range (WORLD'S CHEAPEST, PER MILE!)
- Tesla Cuts Vendor Orders: Could Be In A World Of Hurt
- Tesla rides Model 3's popularity to its first profit in two years
2017-10-08 — seekingalpha.com
Hand assembly of the Model 3 now seems mainly designed to soothe investors by convincing them that Model 3 "production" has started. What I find so distressing about this is that increasingly, Tesla's actions seem to be governed not by technical necessity but by the need to keep investors sold on Tesla.
...
I think it remains a foregone conclusion that Tesla will not achieve its goal of 5,000 Model 3/week production by the end of the year. But I consider it a distinct possibility that Tesla will not even meet my "Pessimistic Scenario" of 2,500/week by the end of the year.
This will impose even more financial strain on the company and probably necessitate yet another capital raise early next year.
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