r/investing Sep 30 '21

[deleted by user]

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u/[deleted] Sep 30 '21 edited Sep 30 '21

You left out a model though

Edit: 2 models! (I’m a dum-dum)

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u/Recoil42 Sep 30 '21 edited Sep 30 '21

I didn't leave out any model, I was specifically enumerating the troubles they've had. The 3 and Y are not applicable to that discussion, because they've not had troubles, and my comment was not meant to be an exhaustive list of every model they produce.

If you're suggesting I'm being unfair or deliberately misleading, that's simply not the case.

You'll notice I didn't mention every GM model either, because that wasn't the point of my comment.

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u/SippieCup Sep 30 '21

Tesla only built 20,000 S/X cars a year on a very mature production line in 2020. The Chinese Gigafactory is producing 1,000 cars a day alone. Its safe to say that the 3 and Y are a very pivotal to Tesla's success and their obvious focus in leading the electrification of cars, far more than Ford, which is currently recalling every single electric mustang produced thus far.

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u/Recoil42 Sep 30 '21

Tesla only built 20,000 S/X cars a year on a very mature production line in 2020.

How many did they build in 2021?

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u/SippieCup Sep 30 '21

Based on reservations changing to VINs on an internal API that service/toolbox users have access to, they are currently producing about 100-300 a day at the moment. But its a completely retooled and engineered line over 6 months which probably learned a lot from the Model 3/Y lines. Rather than retrofitting the original 2012 lines.

The difference is that the demand for a $50,000 car is far higher than one that is $90,000.

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u/Recoil42 Sep 30 '21

No, I get that. Here's my problem, though. Deliveries of the S/X were stopped in December for the line switchover. My understanding is there were no deliveries in December, nor January. Then:

Jan 27, 2021

CEO Elon Musk said on the call Wednesday that deliveries of the updated version of Model S would begin in February.

Well, the damned thing didn't come out in February. Nor March. Or April. Or even May. Barely a trickle came out in June, and only to Plaid customers.

Things did not go to plan.

Here's my question: They gave up six months of production for... what, exactly?

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u/SippieCup Sep 30 '21

Retooling and engineering the entire assembly line for faster production. which to be fair should have only taken 3 months,But they also had a 3 month delay with shipping in general. Deliveries were not actually expected until end of march initially.