zzdcar
Home
/
Reviews
/
Tech
/
Tesla Making 2,000 Model 3s Per Week, Musk Says, Missing Target For First Quarter
Tesla Making 2,000 Model 3s Per Week, Musk Says, Missing Target For First Quarter-May 2024
2024-02-19 EST 22:10:37

In January, Tesla projected it would . When the automaker reports delivery totals to investors this week, it’ll fall short of that amount, based on an email from CEO Elon Musk, who told employees in a companywide email Monday that Tesla just passed a rate of 2,000 per week.

In the email, sent at the perfectly normal email time of 3:01 a.m. PDT on a Monday, Musk said it has been “extremely difficult” to pass the 2,000 vehicle per week rate for the Model 3, “but we are finally here.”

“If things go as planned today, we will comfortably exceed that number over a seven day period!” Musk wrote in the email, obtained by Jalopnik.

The message suggests the company rapidly exceeded production of the Model 3 over the past week. , which has been tracking production totals for the all-electric sedan, said over the weekend that .

Tesla’s stock nosedived last week following a fatal crash involving a Model X car that was using the vehicle’s semiautonomous Autopilot system at the time, and . Analysts have been projecting that Tesla will miss the 2,500 Model 3 per week projection.

“This is already double the pace of 2017!” he wrote. “By the end of the year, I believe we will be producing vehicle sat least four times faster than last year.”

Tesla has faced immense struggles trying to ramp up production of the Model 3, portrayed as its attempt to make and sell a mass-market car. Musk mused at one point last year that Tesla could make 5,000 Model 3s per week by the end of 2017, but that target was delayed twice and isn’t projected to be hit until the summertime. Musk previously said Tesla could make 500,000 vehicles in 2018, but given the missteps with Model 3, that goal is virtually impossible to hit.

Musk, who doesn’t seem to have paid any mind to critics in recent days , told employees in the email the 2,000 per week threshold represents “mind-blowing progress.”

“It took five years to reach the 2000/week production rate for S and X combined, but only nine months to achieve that output with Model 3,” he wrote.

The progress on production is key for Musk, as Tesla’s board recently approved a whopper of a pay package for the CEO that could net him more than $50 billion. But that’s contingent on him increasing the automaker’s valuation to $650 billion. Musk has to , presenting a dynamic where Tesla employees working harder to increase production is .

Tesla CEO Elon Musk, a billionaire, just received an unprecedented incentive-laden pay package that

A Tesla spokesperson declined to comment.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Tech
Costco Will Sell The Chevy Blazer EV At A Discount To Go With Your Rotisserie Chicken
Costco Will Sell The Chevy Blazer EV At A Discount To Go With Your Rotisserie Chicken
knows that you keep coming back for the and Kirkland brand, but you can now also buy a cheaper at your local warehouse. Chevy notified its dealers that members are eligible for a $1,000 rebate on the through January 2, according to . The discount is part of ,...
May 6, 2025
Truck Fans Would Rather Wait For A Toyota Tacoma EV Than Buy A F-150 Lightning Or Cybertruck
Truck Fans Would Rather Wait For A Toyota Tacoma EV Than Buy A F-150 Lightning Or Cybertruck
fans are already cooling on despite more options on the market and news of upcoming models from the likes of Chevy and Ram. The and have yet to be released, while the has recently joined the and for sale in the U.S. And, yet, all of these current and...
May 6, 2025
Danish Investors Dump Tesla Shares After Elon Musk Calls Strikes In Sweden 'Insane'
Danish Investors Dump Tesla Shares After Elon Musk Calls Strikes In Sweden 'Insane'
Danish pension fund PensionDanmark is dumping all of its stock and putting the U.S. EV maker on its exclusion list of the companies it chooses to invest in – or not. The fund is selling all of its shares due to Elon Musk’s refusal to enter into labor agreements...
May 6, 2025
GM Says It's Dropping Apple CarPlay And Android Auto Because They're Unsafe (Update)
GM Says It's Dropping Apple CarPlay And Android Auto Because They're Unsafe (Update)
GM is still dealing with the fallout of its decision to drop Apple CarPlay and Android Auto in favor of developing its own in-house system. In the last eight months, the company has had to deal with while still maintaining its in-house system will be “.” Since neither of...
May 6, 2025
Biden’s First EV Charging Station Goes Online After $7.5 Billion In American EV Investments
Biden’s First EV Charging Station Goes Online After $7.5 Billion In American EV Investments
Despite in investments for the development of in the , not a single charging station had gone live thanks to — until now. The first EV charger paid for by Biden’s Bipartisan deal has come online in Ohio, according to , which marks the operational start of what the...
May 6, 2025
Volkswagen EVs Can Now Power Your House For Two Days (Update)
Volkswagen EVs Can Now Power Your House For Two Days (Update)
Experts have said that one of the ways to speed up EV adoption is for them to support . The ability for owners to power their house off their car or from the grid is vital. Just nine EVs on the market currently support bidirectional charging, but now VW...
May 6, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved