Dear $TSLAQ please take your eyes off the stock price and back onto the one single item that matters rn:
CASH ON HAND!
Even if we have no direct reading we can infer qualitatively from the delivery report, current inventory levels and regional disparities in that inventory.
CASH ON HAND!
Even if we have no direct reading we can infer qualitatively from the delivery report, current inventory levels and regional disparities in that inventory.
As @fly4dat has extensively reported, EU Q2 deliveries were weak.
China +/- as expected.
US stronger than even @TroyTeslike expected but then @Paul91701736 gives us proof of inventory in US.
China +/- as expected.
US stronger than even @TroyTeslike expected but then @Paul91701736 gives us proof of inventory in US.
As I reported before $TSLA dropped prices on used cars in its inventory to liquidate by EOQ. Needed that cash!
Today, between D, FR and CH, $TSLA lists a total of *7* available cars, all of them used. That is nothing. No new models, only used cars.
Today, between D, FR and CH, $TSLA lists a total of *7* available cars, all of them used. That is nothing. No new models, only used cars.
In CH, the single used S listed today is the SAME car that was first listed on 16th of June for 49.3 kCHF then disappeared after 25th of June with price dropped to 46.0kCHF.
Sold? Then why is same car back with 150 km added to odometer and price further dropped to 45.5kCHF?
Sold? Then why is same car back with 150 km added to odometer and price further dropped to 45.5kCHF?
$TSLAQ reason: bogus sale to boost Q2 figures.
Not sure how $TSLA records a return of a car. Is that a negative sale in Q3? Would almost need a "special audit" like we had for $WDI #Wirecard.
BTW reminder:
#TeslaFraudIsBiggerThanWirecardFraud.
Not sure how $TSLA records a return of a car. Is that a negative sale in Q3? Would almost need a "special audit" like we had for $WDI #Wirecard.
BTW reminder:
#TeslaFraudIsBiggerThanWirecardFraud.
Now that $TSLA has no cars left to undercut prices on Autoscout, cars on that private portal have also finally started to move, with total inventory down to 176 cars from 188 at EOQ.
Seems 2 RORO are scheduled for EU, but in meantime competitors are selling as steadily as in previous months.
Losing market share that may prove to be irrecoverable in view of Polestar, VW ID3 etc.
Why keep inventory in US if important countries (D, F, CH) in EU have dried up?
Losing market share that may prove to be irrecoverable in view of Polestar, VW ID3 etc.
Why keep inventory in US if important countries (D, F, CH) in EU have dried up?
$TSLAQ reasons include:
bad planning, purchase obligations so make those cars that are less expensive to ship, ABL loans etc.
bad planning, purchase obligations so make those cars that are less expensive to ship, ABL loans etc.
Will $TSLA avoid a cash incident?
Must move enough US inventory with minimal price drops, and hold out until RORO unload in EU and/or capital raise.
Expect more diversion to distract from the cash position!
Must move enough US inventory with minimal price drops, and hold out until RORO unload in EU and/or capital raise.
Expect more diversion to distract from the cash position!
No level of $TSLA stock price can remedy accute cash shortage.
