Well it still depends on if those internal projections are recent or not. Back in Dec we didn't have a supply chain issue that's caused by a war to deal with. So if these internal projections are more recent, then it's more significant. Analysts are discounting companies to miss guidance, hence why we see stock price dropping across the board.Sounds like you're fearing a situation like in WW2 where factories and mineral suppliers were mandated by the government to divert resources and production to the war. I can assure you that's not the case here.
1) Currently almost all of Tesla's mineral sources/contract are outside the US. I believe Tesla only has one contract with US mineral miner.
2) Tesla entire production is already the focus of the would be Defense Act.
3) If the government does provide incentive and quick regulation to start mining minerals in the US, who do you think is going to be able to take advantage of it and benefit from it? All of legacy auto and the EV newcomers outsource their battery cells/pack. Tesla is the only one actively producing their own battery cells/packs here in the US.
To reply to myself here, I realized this morning if he was in fact talking about internal projections.......then he's referencing the projections that Tesla gave analysts back in Dec. 65% of 934k deliveries is 1.5 million. That's the exact guidance that was given to analysts.
No doubt, Tesla only gave guidance that they thought for sure they could beat. They've been sandbagging guidance for a while now. So if Tesla is giving guidance to analyst of 1.5 million, then they were likely around targeting around 1.6-1.7 million deliveries.