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Tesla Model 3 Falling Short Of Production Goals

Tesla Model 3 Falling Short Of Production Goals

Tesla has confirmed its lofty production goals for its new Model 3 sedan have falling short in reality. The company has produced but a fraction of the Model 3 copies Tesla CEO Elon Musk said the company would produce.

In fact, Tesla has only produced 260 Model 3 sedans since July. Back in July when Tesla began production of the Model 3, Musk said via Twitter that the company would have 1,600 copies produced by the end of September. Clearly that vision didn’t pan out.

Tesla reports that 220 of the 260 produced Model 3’s are in the hands of customers.

Musk also declared in July that Tesla would have over 20,000 Model 3’s produced by the end of December. Such a figure would at least begin to put a dent in the backlog of 400,000 orders Tesla has for the Model 3. It isn’t clear if Tesla is still on-target for its December goal.

In a statement, Tesla blames ‘production bottlenecks’ as the reasoning for missing its own forecast. The company went on to say that there are no fundamental issues with Model 3 production or its supply chain, but yet details behind the failed target are still unclear.

Tesla is making it a habit of missing its own production forecasts.





 

About Nick Saporito

AutoVerdict Senior Editor Nick Saporito began writing about cars at age 13. Nick ran a couple of automotive enthusiast sites for several years, before taking some time off to focus on his career and education. By day he's a marketing executive in the telecom world and by night he hangs out here at AV. You'll find him focusing on tech, design and the industry's future.
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