> Or they just shifted capex spending so that it doesn't fall on this quarter.
They state pretty clearly that is what happened in the letter.
> we continue to negotiate more favorable payment terms with our capital equipment suppliers, pushing some payments closer to the start of Model 3 production and some payments beyond the start of production
So, the "deals" are that they don't have to pay for certain things until later when they have more cash.
They state pretty clearly that is what happened in the letter.
> we continue to negotiate more favorable payment terms with our capital equipment suppliers, pushing some payments closer to the start of Model 3 production and some payments beyond the start of production
So, the "deals" are that they don't have to pay for certain things until later when they have more cash.