Latest in Gear

Image credit:

Tesla says its Model 3 production nightmare is nearly over

Tesla claims it can now produce 1,000 units of the mass-market vehicle a week.
Daniel Cooper, @danielwcooper
January 4, 2018
Share
Tweet
Share

Sponsored Links

Bloomberg via Getty Images

In 2016, Tesla managed to ship 83,992 vehicles, narrowly missing its target of pushing 90,000 cars out of its front door that year. Now, the company has revealed its 2017 figures, saying that it produced 101,312 Model S and Xs between January and December. That figure doesn't include the new mass-market Model 3, of which the company was able to crank out 2,425 in the fourth quarter. Which, itself, is a big bump from the meager 260 it made when production began in Q3.

Tesla says that it has spent the last three months addressing the "production bottlenecks" on the Model 3 line, and production will now rise sharply. From a slow start, the company believes it now has the capacity to knock out 1,000 Model 3s each week, and 2018 will see even bigger milestones. The projection for the current quarter is that it will produce around 2,500 a week, and be producing 5,000 a week by the end of Q2.

Tesla has always set ambitious goals for vehicle production, like when Elon Musk claimed that Tesla would be producing 20,000 Model 3s a month by December 2017. Prior to that, he believed that Tesla could produce between 100,000 - 200,000 Model 3s between July and December of 2017. The estimate has been revised down since then, but it's worth wondering how reliable Tesla's latest claims will be. Coupled with the rumors surrounding production delays, it will be interesting to see how things are going by the summer of 2018.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Facebook is banning Oculus owners with multiple VR headsets

Facebook is banning Oculus owners with multiple VR headsets

View
Samsung, Stanford make a 10,000PPI display that could lead to 'flawless' VR

Samsung, Stanford make a 10,000PPI display that could lead to 'flawless' VR

View
Garmin smartwatches are on sale at all-time low prices at Amazon

Garmin smartwatches are on sale at all-time low prices at Amazon

View
Samsung's influential chairman Lee Kun-hee dies at 78

Samsung's influential chairman Lee Kun-hee dies at 78

View
Redbox's Free Live TV comes to Xbox One consoles

Redbox's Free Live TV comes to Xbox One consoles

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr