You can still get the Obsidian Black & Silver Metallic colors as a special request, but Musk said it would be at a higher price.
Tesla Inc TSLA.O will eliminate some colour options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production.
That's $1,500 for Midnight Silver Metallic, Deep Blue Metallic, and until tomorrow, the aforementioned Obsidian Black and Metallic Silver. In April, a fire in Tesla's paint shot was reported to have temporarily stopped vehicle production and damaged two expensive sprayer robots.
Contrary to an emerging Tesla bear thesis that demand for the Model 3 is declining, the analysts noted that the electric auto maker is now focused on selling higher-margin cars such as the Model 3 Performance and the Long Range AWD Model 3, where "demand continues to exceed what is being produced".
A Tesla spokesperson further told the news outlet that this dropping of options happened occasionally and it could also include price adjustments. While Tesla has had no problems generating demand for the Model 3 (the company said in a regulatory filing that it had around 420,000 net reservations for Model 3 at the end of June, though it has since stopped taking reservations), the long wait for the base model will turn away some customers who would have otherwise bought it, Acevedo said.
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Wilmington , North Carolina, just north of where Florence appeared headed for shore, grew empty and quiet on Wednesday. Forecasters warn it will bring "catastrophic freshwater flooding", according to the National Hurricane Center.
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He said Congress would be generous with disaster relief funding. "This is not going to be a storm that we recover from in days". Hurricane Florence has intensified to a Category 4 Hurricane after it was reduced to a tropical storm over the weekend.
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He now has a couple of months on the sidelines and City will be better for his return, which is always a scary prospect. De Bruyne watching on in his knee brace. "I will finish where I started; my final steps will be with youth teams".
Tesla dropped Tuesday after being downgraded by Nomura Instinet, which was formerly one of the most bullish firms on Wall Street toward the stock.
Baird analyst Ben Kallo confirmed his buy rating on Tesla, saying that the stock is still worth a buy "even with drama". "During the second quarter, the switch seemingly flipped", analyst Romit Shah wrote.
The analyst cited Musk's increased Twitter activity, the snubbing of analysts on a conference call when Musk called their questions "boring", the NYT interview where Musk fell apart multiple times, and last week's live video interview, during which Musk smoked marijuana. Then, earlier this month, a handful of Tesla executives announced their departure after Musk appeared on The Joe Rogan Experience podcast speaking on topics such as electric airplanes while sipping whiskey and smoking marijuana.
Tesla has potential to grow revenue and post substantial profits because it is vertically integrated, making its own batteries and many of its parts, Shah wrote.
"We are anxious that this behavior is tainting the Tesla brand, which in terms of value is most important", wrote Romit Shah in a Tuesday research note.