Figjam nice post and I agree. Why on earth pour more into a constrained market and depressing prices further. These plants, once up and running are sure going to devour boat loads in the near future.
The bit I liked in the announcement was the update on Posco now that is going to significantly add to the value of the company and its not very far away. That is good news.
Lastly in an increasingly safety conscious world the weekend reading/viewing was also interesting...https://techcrunch.com/2018/09/20/watch-how-tesla-model-3-earned-nhtsas-top-safety-rating/
Apologies if posted previously. Just points to future demand cranking up substantially.
Ann: Production and Sales Update, page-129
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