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The market for EV's is expanding.............Tesla sales FELL 18% !!!!
People had to wait YEARS to get a model 3, it finished sales of Model S (?) thus cutting profit margin (if any) & those whom wanted an EV now have the choice of going to their local Ford/Audi/BMW/Volvo/Merc dealership & get the back up with service they expect + the body panels will line up, paint will not fall off or rear bumpers!
Given he fallen out with Panasonic & Panasonic have been working with Toyota for years (Tesla was a rather large risk free R+D project for them both)...its not looking good.
He need (much) more cash as soon as Sept....
Mike
The market for EV's is expanding.............Tesla sales FELL 18% !!!!
People had to wait YEARS to get a model 3, it finished sales of Model S (?) thus cutting profit margin (if any) & those whom wanted an EV now have the choice of going to their local Ford/Audi/BMW/Volvo/Merc dealership & get the back up with service they expect + the body panels will line up, paint will not fall off or rear bumpers!
Given he fallen out with Panasonic & Panasonic have been working with Toyota for years (Tesla was a rather large risk free R+D project for them both)...its not looking good.
He need (much) more cash as soon as Sept....
Mike
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