No, just trying to bring down RADs market cap , just three weeks ago when they already knew they were closing stores, WAGs CEO put an announcement out they were expanding their US presence. Since then, nothing has changed except RADs market cap has gone up. So now, WAG is trying to downplay so RADs market cap doesnt get out of reach. WAG is probably closing stores in RADs territory or in high crime areas. Smart move on WAGs part.
1030 cars per Q does not equal 55k cars in 2015. This was put out on a holiday weekend so it would get washed over. This is shows MAJOR weakness. They should have come in at 14k cars to be on track. Now they have to sell 18k cars next Q to fill the gap. Any wallstreet banker that lends this company money will lose it all in a couple of years. The thing that is going to sink TSLA isn't R&D it will be the gigafactory which will be a dinosaur left to rot in the desert. Unusable space on worthless desert land. And, he insults WVA after their refusal to cave to him. Well, why did he apply to sell there?!? At least people in WVA aren't buying their cars with a huge government subsidy.