Tesla has most productive quarter in its history

Tesla has most productive quarter in its history

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnet.com/roadshow/news/tesla-q1-2018-vehicle-production-delivery-numbers/

Tesla delivered 29,980 vehicles in the first quarter of 2018. Of those deliveries, 8,180 of them were Model 3 sedans, an increase of more than fivefold over last quarter. In total, the company produced 34,494 vehicles, marking Tesla's most productive quarter in history. The Model S had the highest number of deliveries at 11,730 vehicles, but the Model X wasn't very far behind. Production and delivery figures are never the same, because some vehicles were built but not yet delivered to customers.

While Model S and Model X numbers are intriguing, most eyes are set on Model 3, which has seen production forecasts delayed over and over. Currently, Tesla's per-week Model 3 production hovers around 2,000 vehicles per week, which is below Tesla's intended goal of producing 2,500 Model 3s per week by the end of Q1. That appears to be a peak production number, but Tesla believes it can hold that pace going forward.