SI
SI
discoversearch

Technology Stocks : Tesla EVs - TSLA
TSLA 343.45+1.6%Dec 15 8:10 PM ESTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Eric10/2/2017 8:21:01 AM
   of 2654
 
Tesla Model 3 Production Heating Up As Q3 Ends

20 hours ago by Steven Loveday

18 Comments


Tesla Model 3 Deep Blue Metallic

Tesla was aiming for the production of 1,500 Model 3 vehicles this September, which has now officially come to an end. How did the automaker fare?

For Tesla to have actually delivered 1,500 Model 3s this quarter would be an epic feat. However, to have manufactured them isn’t quite as big of a deal. Especially if the automaker is going to live up to CEO Elon Musk’s estimates of some 5,000 Model 3 sedans per week built in the month of December.


Tesla Model 3 – Interior

Sources familiar with activities surrounding Model 3 production told Electrek that the automaker worked out some early issues and has since upped production speed. This is to be expected since the “production hell” that Musk spoke of, as well as the S-Curve, called for slow, methodical manufacturing at first, as the automaker would still be working through potential issues. This would then be followed by a gradual “speed up” process, which would become exponential in nature as bugs were worked out.

There are still some real questions, however. When did Tesla “up” production? How many Model 3 vehicles were built in September? How many cars were actually delivered?

Normally, we don’t ever get clear-cut answers to such questions. Tesla doesn’t give out such specifics. New reports have shown Model 3s with VINs over 1,000 at this point (which doesn’t exactly inticate production levels). According to Electrek, VINs up to #1134 have been registered with the National Highway Traffic Safety Administration (NHTSA).

However, this month is a ‘once-in-a-model’s-lifetime’ opportunity, as Tesla’s most basic sales information is given just after each quarter’s end. Specifically, the company guides to net total global deliveries and production of each model. And because we know a couple things already:
  • approximately 100 Model 3 deliveries were July and August and,
  • all Model 3 deliveries in Q3 will be in the US,
It becomes a simple math exercise.

insideevs.com

Source: Electrek
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.