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So glad I own TSLA!!!

  • Last Updated:
  • Nov 30th, 2020 6:30 am
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Deal Expert
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Apr 21, 2004
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How can VIN numbers be deceitful again? I read something about that.

Is that Bloomber tracker based on VINs?
Deal Addict
Nov 9, 2013
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Edmonton, AB
alanbrenton wrote: How can VIN numbers be deceitful again? I read something about that.

Is that Bloomber tracker based on VINs?
You can register VINS for cars that aren't yet produced. Thus, you can give the perception that you are making a lot of cars by registering lots of VINS but its a different story as to whether or not the VINS are actually assigned to the produced cars.

The bear theory is that Tesla artificially inflates VINS to mislead the market; the less malicious theory is be that Tesla isn't just greatly organized and tends to over register VINs so they always have a VIN to assign to a car ("never ascribe to malice what can be explained by incompetence").

The Bloomberg tracker is based on VINS.
Keep calm and go long
Deal Addict
Nov 9, 2013
3946 posts
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Edmonton, AB
So, Q1 numbers were released - http://ir.tesla.com/news-releases/news- ... deliveries

Q4 2018 total deliveries - 90,700

Q1 2019 total deliveries (including Europe, China, USA) - 63,000 with only 50,900 M3's delivered (vs company projection of ~54,000)

31% drop in deliveries secured. This is even with the additional European and Chinese markets that were not available in Q4.

Only 63k M3's were produced vs ~ 81K estimated via Bloomberg model.

Also, the report contains this little gem:
Because of the lower than expected delivery volumes and several pricing adjustments, we expect Q1 net income to be negatively impacted. Even so, we ended the quarter with sufficient cash on hand.
Also one for @SmartElectric
Given that Tesla vehicle production currently occurs entirely from one factory in the San Francisco Bay Area, but must be delivered to customers all around the world, production could be significantly higher than deliveries, as it was this quarter, when production exceeded deliveries by 22%.
Keep calm and go long
Deal Expert
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Apr 21, 2004
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Sounds like the demand is there. I wonder for how long when the Germans start offering cheaper BEVs.

It's not by choice for them but for regulatory reasons.
Deal Addict
Nov 8, 2017
2193 posts
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Time for another "bail out" by Panasonic??

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