Exactly right ! Tesla is up…
Exactly right ! Tesla is up to their eyeballs in debt with building these trucks, and of course they are offering them at a lower price. Think about it if it cost you 30k to build one and you sell it for 60k you doubled your money. Well you have payroll, all overhead cost. Then you sell 10 more so know you invest 30k into each until you get to the last 5 trucks. Know you don't have the money to buy the same expensive glue or other pieces so you cut cost just on half of the order. And you ship them off. Well you barely broke even on overhead cost, payroll, and you are sitting on pins and needles about the 5 that you cut cost on. Well they sell but buyers begin to have issues at first it's small things and they gradually get bigger and bigger. Well the company has contacted the owner but honestly like everything else his mind is not on his business. His exact words are I hired you to handle things like this but instead you are calling me. And hung up the phone in about 3 minutes he receives a text message saying that in order for the company to run for the next 3 months it needs 200k and then he decides it might be a good idea to actually talk to him and act like a boss instead. So he calls back but he asks the woman in the room if she knows what they are doing she says yes and he asks if she can handle everything she says yes so he says he is stepping out of the room. Well he does and he's told what is going on with everything and why it was done he understands and not upset about it. So he instantly wires the money to the business account and he made it a even 300k to help the business by actually stock instead of ordering it as needed. And he tells the guy he's talking to to contact each person and offer to buy back the truck at the price they paid for it. And cut them a check for it tell HR not to take a yr to get it done.