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Tesla Daily: Tesla News & Analysis

Examining the Latest Rumors on Deliveries and Inventory (09.30.19)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.81.1K Ratings

🗓️ 1 October 2019

⏱️ 13 minutes

🧾️ Download transcript

Summary

– Taking a deeper look at a report from Electrek today on Q3 deliveries and North American inventory levels

Links:
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Ludicrous producer Bradford Ferguson
Executive producer Rob Gill
Executive producer Jeremy Cooke
Executive producer Rish Singh
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

The post Examining the Latest Rumors on Deliveries and Inventory (09.30.19) appeared first on TechCast Daily.

Transcript

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0:00.0

Hello and welcome to the Monday September 30th, 2019 edition of Tesla Daily on Official Tesla Podcast.

0:13.6

My name is Rob Maower, today we're talking about some rumors on Q3 deliveries.

0:17.8

Tesla stock on the day today was down 0.52% to $240.87 cents. That compared to the NASDAQ with a pretty strong day up 0.75%.

0:27.0

Some of that fall may have been due to a report from Electraec early this morning.

0:32.0

The headline of that report read, quote,

0:33.6

Tesla is a few thousand cars short of its delivery goal with a day left.

0:37.3

End quote. Of course, that day left being today, today is the last day of Q3,

0:41.7

and again, we should expect to receive delivery numbers

0:44.3

sometime on Wednesday, most likely,

0:46.3

though it could technically happen any time

0:47.9

between Tuesday and Thursday.

0:49.9

As we know, last week, Elon emailed employees

0:52.0

pushing to get to 100,000 deliveries for the quarter

0:54.8

that led to my expectation for delivery numbers of maybe 102,000 with a range of 101 to 105,000.

1:03.1

This report today may call that into question a little bit, but let me just read the entire

1:06.7

report from Electra here.

1:08.7

Quote, Tesla Management has been keeping the actual progress numbers towards the goal secret, but sources say they have communicated

1:15.2

to employees last night that they were, quote, a few thousand, end quote, short of the goal with a day left

1:20.9

in the quarter.

1:21.9

It is not impossible for them to reach the goal at this point, but it will be extremely difficult.

1:26.0

Sources told Electric that Tesla has about 3,000 vehicles in inventory throughout North America,

1:31.0

but they are not all at the delivery centers

...

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