Current Events > Tesla badly misses Model 3 production goals

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SK8T3R215
10/02/17 5:09:08 PM
#1:


Tesla Inc. badly missed its goal of building 1,500 Model 3 car in the third quarter, the first sign that the production ramp-up for the new sedan isn't going as smoothly as planned.

The Silicon Valley electric-car maker built 260 of the Model 3s between July and September, the company said Monday in a statement. In August, the auto maker predicted it would build more than 1,500 Model 3s before cranking up production to 5,000 a week by the end of the fourth quarter.

The Model 3, which starts at about $35,000, represents Chief Executive Elon Musk's bet that he can transform the luxury auto maker into a more mainstream player around the world. Tesla blamed "production bottlenecks" for the weaker production.

"It is important to emphasize that there are no fundamental issues with the Model 3 production or supply chain," Tesla said in a statement. "We understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near-term."

When Mr. Musk touted the new cars in a July celebration, he warned the first six months of production could be "manufacturing hell" as the Fremont factory learns how to build the new vehicle.


https://www.wsj.com/articles/tesla-misses-model-3-production-goals-1506976496
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CableZL
10/02/17 5:10:07 PM
#2:


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chill02
10/02/17 5:10:51 PM
#3:


Protip: if you're considering getting a Model 3, wait for its second year of production
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CruelBuffalo
10/02/17 5:13:11 PM
#4:


The factory is building these huge, what I'm assuming is storage, units near the factory. They are constantly hiring in the area
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Trigg3rH4ppy
10/02/17 5:13:28 PM
#5:


chill02 posted...
Protip: if you're considering getting a Model 3, wait for its second year of production

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E32005
10/02/17 5:22:20 PM
#6:


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SK8T3R215
10/02/17 5:33:17 PM
#7:


E32005 posted...
Das ok

Babby steps


Idk if missing your goal by 83% is ok
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littlebro07
10/02/17 5:34:46 PM
#8:


It's Tesla

Have they ever hit a production goal before?

Still buying a Model 3 as soon as I possibly can.
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Hexagon
10/02/17 5:38:20 PM
#9:


Maybe Edison took them?
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Teen Girl Squad
10/02/17 5:40:23 PM
#10:


chill02 posted...
Protip: if you're considering getting a Model 3, wait for its second year of production


This is really true of anything big or new.
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SK8T3R215
10/02/17 5:43:32 PM
#11:


littlebro07 posted...
It's Tesla

Have they ever hit a production goal before?

Still buying a Model 3 as soon as I possibly can.


No they have consistently missed production goals which is concerning for a company that really needs a good rollout of the Model 3 to fulfill orders and stay in front of other car companies who are planning to produce electric cars. This is not a good start since they want a big increase in the future.
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GigaSPX
10/02/17 5:47:42 PM
#12:


Good thing I'm looking forward to the Model X instead. Just waiting for more price drops or a decently-priced used one. :v
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Frolex
10/02/17 5:52:49 PM
#13:


chill02 posted...
Protip: if you're considering getting a Model 3, wait for its second year of production


i mean unless you're on a waiting list by now, you're going to have to
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