Hacker News Reader

Main issue seems to be quality of Model 3s and

> Tesla’s pitch for several years has been that the company will grow to 1 million unit in sales in 2020. With a potential future China factory not producing any meaningful quantities of cars until 2021, investors need to downgrade the growth prognosis from 1M cars in 2020 to 600K cars in 2021.

You don't think some of the Model S sales have just gone on high end Model 3s?

I see by your figures that you’re correct, sales of the S are flat. However it seems they are selling more luxury sedans than their competition so flat sales do not mean it’s not high demand.

Do note that their quarterly delivery rates are increasing. Ostensibly from Model 3.

Q2 2015 11,532 Q3 2015 11,603 Q4 2015 17,400 Q1 2016 14,820 Q2 2016 14,370 Q3 2016 24,500 Q4 2016 22,200 Q1 2017 25,000 Q2 2017 22,000 Q3 2017 26,150 Q4 2017 29,870 Q1 2018 29,980 Q2 2018 40,740

https://www.statista.com/statistics/502208/tesla-quarterly-v...