Tesla Just Announced The Latest Model 3 Production Delay
Remember when Elon Musk said Tesla would be making 20,000 Model 3s a month by December 2017? Now we’re into January, we can report that Tesla fell a little short - it made just 1550. In the entire fourth quarter of last year.
Tesla’s revised timeline issued in November targeted 5000 cars a week by the end of Q1 2018, but that’s not going to happen either. Instead, the firm is now saying it’ll be making 2500 Model 3s a week by the end of this quarter, hitting the 5000 mark by the end of Q2.
In a statement, the company said:
“As we continue to focus on quality and efficiency rather than simply pushing for the highest possible volume in the shortest period of time, we expect to have a slightly more gradual ramp through Q1.”
2017 was a troubled year for Tesla, during which time it posted its biggest ever loss, and at one point was reported to be spending $8000 a minute. Persistent “bottlenecks” have hampered progress on building Model 3 orders, with CEO Musk describing the car as being in “production hell.”
Time will tell if these new targets are hit, but whatever happens, most of the 400,000 or so people on the waiting list won’t be seeing their cars any time soon.
Growing up on a diet of World Rally Championship highlights and lengthy Gran Turismo 2 sessions, a life in cars was as good as inevitable for Matt.
Comments
This is why Tesla will fail. If you look at Koenigsegg and Pagani, neither of them have probably reached 100 cars per year after 15 years of producing cars. Tesla has far more money behind it, but this many cars is a stretch. Also, buyers can live with some quirks and shortcomings interior-wise in a hypercar, but not nearly as much in a premium/luxury saloon.
Agd
?
At least my ex didn’t delay our night alone time
He’s in hot water now. VW, GM, and all other motor giants alike are coming out with Model 3 competitors, and we have no Model 3 yet. Musks feeling the heat, and it ain’t from those those Space X rocket engines.
Oh no. 😂
Tesla engineers: should we spend our time fixing the production delays with the model 3
Elon: No, lets design a pickup truck to add our “it will happen” list along with the model Y, semi truck, and new roadster
Elon Musk’s problem is that he can be a bit too ambitious. If he set more realistic goals, more people might take him seriously.
That’s pathetic, LAMBORGHINI builds cars quicker than that and they are nowhere close to affordable or mainstream
Calm down