All auto manufacturers have had trouble delivering vehicles the past year with supply chain issues affecting computer chips, metal, and many other vehicle parts.
Tesla Inc. (NASDAQ:TSLA) has had its issues as well. The Elon Musk-led company is still working to pump out more vehicles and continues to ramp up production at its many relatively new factories around the world.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
According to Tesmanian, Gigafactory Shanghai is back with a vengeance after its temporary government-mandated shutdown last quarter due to Covid-19. Wait times for new vehicles from the factory have dropped by as much as 6 weeks in the country. After the Covid-19 shutdown, Tesla opted for a voluntary shutdown of the factory to introduce upgrades that would bring the factory up to 21,000 vehicles produced per week.
All trims besides the base Model Y have had their delivery time estimates reduced. The base Model Y is still a 1-4 week wait. Meanwhile, the long-range Model Y is 10-14 weeks, while all Model 3 variants have a 6-10 week wait time. While this is still quite a wait compared to walking into a dealer and picking something off the lot, Tesla's increased production capacity seems it could be influencing wait times in a positive way.