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Time for another #BearyTale - "The Tale of The Demand Limitation"! 
According to this tale, Tesla gave the game away when they started listing peak capacities in their earnings reports, which surely can be assumed to have near-zero downtime related to holidays, upgrades, supplier limitations, etc, and pretty please don't read the fine print.
Gee, then, I wonder what happens when we plot out the ratio of peak capacity to production as total capacity changes dramatically due to new lines and COVID closures.
(Averaging between EOQ rates and not counting GF3 Q3 '19, as it's listed as "preproduction" and was near-zero)
(Averaging between EOQ rates and not counting GF3 Q3 '19, as it's listed as "preproduction" and was near-zero)
A quick thread for the #ButNorway! bears: Let's just check your acceptance of a few basic facts here.
1) You do realize that Tesla's global sales have consistently grown corresponding to *new capacity growth*, right?
1) You do realize that Tesla's global sales have consistently grown corresponding to *new capacity growth*, right?
2) You do realize that this corresponds to *production limitation*, regardless of where they choose to allocate production (wait times) or what pricing they choose - right?
3) You do realize that a company exponentially shifts demand with linear adjustments in prices, right?
3) You do realize that a company exponentially shifts demand with linear adjustments in prices, right?
4) You do realize that the indicator of how much a company needs to boost demand, relative to their prod. capacity, is encapsulated in their auto margins, right?
5) You do realize that Tesla's margins are *growing*, and are now a huge >27% wo/credits, >22% w/credits - right?
5) You do realize that Tesla's margins are *growing*, and are now a huge >27% wo/credits, >22% w/credits - right?
