Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Does Tesla sell its cars FOB Destination or FOB Shipping Point? The following quote is from a recent Tesla news release (Tesla Q3 2019 Vehicle
Does Tesla sell its cars FOB Destination or FOB Shipping Point? The following quote is from a recent Tesla news release (Tesla Q3 2019 Vehicle Deliveries and Production," October 2, 2019): In addition to Q3 deliveries, about 4,820 Model S and X vehicles were in transit to customers at the end of the quarter. These will be counted as deliveries in Q4 2019." (Note: "Q3" refers to the third quarter of 2019, while "Q4" refers to the fourth quarter of 2019.) Questions 1. What does FOB destination mean? 2. What does FOB shipping point mean? 3. Based on the statement from Tesla's press release, do you think Tesla sells its vehicles FOB destination or FOB shipping point? Why
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started