Subsidy-guzzling Tesla's Model 3 volumes a huge problem – Wall St man
https://www.theregister.co.uk/2017/11/03/tesla_bleeds_cash_admit_quality_worries/
Stocks sleuth Toni Sacconaghi Jr. has shed some light on why the market reacted badly to Tesla Inc's financials this week.
The protracted launch of the Model 3 sedan, unveiled 18 months ago, has already seen Tesla's stock repeatedly bashed. Founder Elon Musk boldly predicted that the company would sell 100,000 Model 3s this year, but it had managed delivery of just 222 by October.