Tesla production backlog.

黑豹钻石拳
2022-10-07

Tesla's order backlog was 317,000 units on Sep 21, equal to 78 days of global production. The drop happened in China.

This calculation is based on the production rate for each model and the wait times for new orders shown on Tesla's website.

It takes Tesla 1 week to deliver cars. That's why the wait time never drops below 1 week. Therefore we should subtract 1 week from the wait time before converting it to units. In other words, 1 week wait time now means zero backlog.

Tesla sales in Europe are looking good. The chart shows year-to-date registrations in Europe at the end of September.

Europe sales are not going to be an issue in Q4 but there are some concerns about China and the US.

*Source - https://twitter.com/troyteslike?s=21&t=Rq1AJlcXk-e17-lkjfxOzQ


Based on the above calculations, do we expect a price drop soon for Tesla cars? What are your thoughts and $Tesla Motors(TSLA)$price predictions on the short-term to mid-term range? Let meknow at the comment 👇🏽 cheers 🍻 

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Comments

  • Juliaaa11
    2022-10-07
    Juliaaa11
    with the twitter's buy-back... I dunno anything now... maybe bull after few months
  • JoanneSamson
    2022-10-07
    JoanneSamson
    what a ''good news'' for tsla investors🥶🥶
  • DouglasMalan
    2022-10-07
    DouglasMalan
    They will figure it out. Just hold on🚀😴
  • Et1502
    2022-10-07
    Et1502
    TFS Infor…. The share price has dropped 30% from peak.
  • Ericdao
    2022-10-08
    Ericdao
    Will drop more.Elon is not interested managing tesla. He use it to speculate on other stock.He knew its extremely difficult to bring tesla to profit.Also, he needs to sell more to pay for his twitter
  • Nanamoney
    2022-10-07
    Nanamoney
    let's see ! hope it goes up soon.
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