Tesla Cuts Parts Orders For Model 3 — What It Really Means for Tesla and Reservation Holders

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Early on Friday morning, Reuters ran a news story detailing how Tesla had reduced its December transmission parts order from Taiwanese specialist Hota by forty percent.

In addition to impacting the shares of Hota (which fell nearly nine percent after the news) and the shares of Tesla (which continued the downward trend of the past fortnight), the news has caused concern among Tesla fans and industry analysts that Tesla will take far longer to deliver the nearly half a million Tesla Model 3 cars that are currently reserved by customers.

But what’s really going on? And are there potentially other explanations for Tesla’s actions?

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  • Arthur Burnside

    I have to laugh at the notion that reducing CO2 is “green.” The reason this planet is far greener than it was 40 years ago, with much reduced arid desert areas, able to produce enough food to fed the world’s population, is precisely because it has increased its level of CO2 significantly. Now we have ignorant asses trying to reduce the levels of CO2 – not control, but permanently reduce those levels. God forbid that these morons succeed.