Tesla’s Everest


It’s good to be Tesla.  With pre-orders for the yet to be release Model 3 over 325,000, each with a $1,000 reservation fee, Tesla just “crowd-sourced” over $325 million.  Pretty Impressive.  If all of these orders transfer into sales, then Tesla will make somewhere around $14 Billion in revenue.  More Impressive.  However, while the analysts might be oohing and ahhing over Tesla’s production facility and these orders, actually producing them might be a little more daunting.  In what may be the understatement of the year, CEO Elon Musk tweeted, “Definitely going to need to rethink production planning…” Continue reading