CGX car nut:
SciFrog:

Did I say the street set the 5,000 mark? I said the street HAS FOCUSED ON. Do you really think it matters if last week Tesla produced 4,5000 cars or 5,500? Why do you keep missing the big picture? Musk only played the game of 5,000 so he could show the street they focus on the wrong thing. He can now tell them: we did your stupid 5,000, so now what? To which the bears now reply: yes but you can’t do it steadily. My point is that for the people who don’t believe, nothing Musk will do in the next 3 years will matter. You fit in that category. It is still a mystery what your agenda is but there clearly is one.

Why has the Street FOCUSED on 5,000 units?  No reason other than something to do with management’s obligations to comply with the SEC’s disclosure requirements.  Musk stated that was the goal for Q2, so therefore that number represents an actionable disclosure to the market.  Inherently tied to that forecast is the profitability of the company.  If it can’t start generating positive cash flow it will need to tap the cap markets for additional expensive funding or risk becoming insolvent.  

Unlike you as a Tesla owner and shareholder, as previously stated, one has no horse in this race other than following a group of tech and advanced manufacturing companies.  One is even more critical of some other companies in a related vertical.  

Get your facts straight my friend, not only I do not own a Tesla car, but I also gladly do not own any Tesla shares, I only do long term investments in non single names, stocks bond alternative and PE, Tesla is just speculation at this stage. Unlike you I do not have any stake in this race, zero.

Last week Goldman said they would produce 22,000 cars in Q2, they produced 40,000. Again, analyst have no clue how to cover Tesla as a company and even less clue as to explain or predict where the share price will go.

The main reason Musk sets these goals imho is to motivate his troops to push them as much as possible. Once again, it is completely obvious that them reaching the 5,000 for example in early June or late July is completely irrelevant to the big picture. The street and media decided to make a big deal about it because it sells Smiley Musk even has its own Apple News section.

I agree tough with your statement though that positive cash flow is the big elephant in the room, along with the need to tap the market again. But for these there is no visibility at this point. But history has shown Tesla has had no issue raising cash, thinking they will struggle doing so in the future is negative speculation at best.