Feel The Burn

Guest Post by Eric Peters

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Even long cons can only run for so long.

Elon Musk’s electric car con may be on the verge – finally – of coming unglued. This week, he’ll be forced to reveal actual production numbers for the first quarter of the year which are expected to fall well short of what he promised investors – and buyers, who ponied up deposits based on those promises.

Last year, Musk breezily assured both groups that an improbable 5,000 Model 3s – Tesla’s first “mass-produced” electric car – would be rolling off the production line in Fremont, CA each week.

He’s come as close to reaching that goal as he has to sending space tourists to Mars, another promise.

Thousands of people who were promised cars last year are still waiting for cars this year.