Remember when Frog Face promised to deliver mass quantities of his “affordable” Model 3 electric car?
He is a little behind.
About 260 of them so far – vs. the “thousands” he said would be hitting the roads by now.
Frog Face cited unspecified “bottlenecks” when reporting the fraction-of-what-was-promised quarterly output on Monday. Missing guidance by about 85 percent sends most companies’ shares into a tailspin, but Tesla stock rose nearly 2 percent on Tuesday.
It’s the New Capitalism!
Make money by losing it. By huckstering and by having an on-its-back media in your corner, as Frog Face does.
Makes my teethe ache…
. . .
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