Apologies if this is a repeat.
Interesting article. Here is one quote that caught my eye:
“Over the summer, Tesla advertised online for technicians to repair vehicles coming off the assembly line, suggesting that a significant number needed rework.”
Pause. Repair vehicles coming off the assembly line? Why not fix the assembly line or product design that produces defective vehicles?
I wonder if Musk will complain about all of the public exposure of activities such as this. If so, how could he defend going public and having repeated rounds of seasoned offerings? How could one reconcile accepting public money (IPO, SEOs) but not accepting scrutiny from the public that provided the money?
The article notes that the next quarterly report will be scrutinized by the SEC. This could get more interesting…
New York Times article:
One thought on “Unraveling a Tesla Mystery: Lots (and Lots) of Parked Cars – The New York Times”
Tesla has never posted a profit, so why expect them to be rational now?