Elon's Model Y pump clearly hasn't gone as planned. Far from a cause for excitement, the 3/14 unveiling looks like an act of desperation. Tesla's back is against the wall. $TSLA $TSLAQ
@TeslaCharts @auto_schmidt @CoverDrive12 @orthereaboot
seekingalpha.com/article/424651…
cnbc.com/2019/03/04/tes…
Demand in the US has collapsed, as @TeslaCharts so aptly charts.
EU demand has failed to make up the difference (Cheers again, TC. Ditto, @auto_schmidt for the Germany data). $TSLA $TSLAQ
![](https://pbs.twimg.com/media/D07h3m1XQAABU2i.png)
![](https://pbs.twimg.com/media/D07h3mqX4AAaCHv.png)
![](https://pbs.twimg.com/media/D07h5_3W0AEW11i.jpg)
More importantly, margins will soon be crushed. As @CoverDrive12 demonstrates, the Q3/Q4 profits turn to losses if we apply the current prices. $TSLAQ
seekingalpha.com/article/424651…