Time to Short Tesla? Another Silicon Valley Fraud

Clearly, Elon Musk has no clue about manufacturing anything except Government-grant money.

...Concern is growing over Tesla’s poor production performance. It managed to build a mere 260 Model 3s between July and September of 2017. That number is well below the 1,500 Tesla promised before the end of the fourth quarter of said year. Total orders for the wallet-friendly vehicle tumbled from a high of 518,000 to 455,000.

Production on the highly touted vehicle was expected to expand from 100 cars in August to 1,500 in September then plateau to 20,000 per month in December 2017. CEO Elon Musk promised to eventually produce 20,000 cars per month. The falling numbers coincide with Tesla’s inability to turn a profit....

20K/month by LAST December, eh?

Musk is just another Silicon Valley fraud.  Some steal shareholder money, others steal personal information.  Soon Congress will be involved, because when it comes to stealing, that's CONGRESS' territory, ya'know.

UPDATE:  It's worse than that.

...Moody’s cut Tesla’s overall rating to B3, or six levels below investment grade, from B2 and said its outlook on the company is negative. Tesla’s $1.8 billion of senior unsecured notes, issued in August, were downgraded to Caa1, seven steps into junk, from B3....

He has to find $2BN in the next 90 days.  Is Barnum right?