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2,500 Per Week in Q1/5,000 Per Week in Q2

Discussion in 'Model 3' started by ConcordeSST, Feb 9, 2018.

  1. ConcordeSST

    ConcordeSST Supporting Member

    May 10, 2016
    Minneapolis, Minnesota, USA
    I just saw a really interesting comment in the 8-K form that was just updated on the investor relations page. This is very good news in my opinion!

    "Tesla, Inc. is clarifying the following statement made by Elon Musk, Tesla’s Chief Executive Officer, during Tesla’s fourth quarter and full year 2017 financial results conference call held on February 7, 2018:

    '[We] expect the new automated lines to arrive next month in March. And then it's already working in Germany so that’s going to be disassembled, brought out to the Gigafactory and reassembled and then go into operation at the Gigafactory. It's not a question whether it works or not. It's just a question of disassembly, transport and reassembly. So we expect to alleviate that constraint. With alleviating that constraint, that's what gets us to the roughly 2,000 to 2,500 unit per week production rate.'

    The “2,000 to 2,500” units per week cited in this comment refers solely to the capacity of the additional automated battery module manufacturing equipment that is currently located in Germany, and not to Tesla’s total Model 3 production run rate or to the capacity of the automated battery module equipment that is already present at Gigafactory 1. Tesla’s ability to meet its target of 2,500 per week by end of Q1 2018 is not dependent on the additional equipment that is currently located in Germany, as that equipment is expected to start ramping production during Q2 2018. With respect to battery module production, Tesla’s ability to meet its target of 2,500 per week by end of Q1 2018 is dependent only on the equipment that is already present at Gigafactory 1, as well as the incremental capacity that is currently being added through the semi-automated lines that were also discussed during the conference call."
    • Informative x 5
  2. techmaven

    techmaven Active Member

    Feb 27, 2013
    This puts a very different color on the production in Q1.
    • Like x 2
  3. Zaxxon

    Zaxxon Supporting Member

    Dec 11, 2012
    I had seen the updated 8-K come through but hadn't had a chance to look at it yet. Good catch. That is indeed not the way it came across on the call, so I'm glad they clarified.
  4. smak

    smak Member

    Mar 3, 2016
    NorthHollywood, CA
    So will they run the current process, and then this new process at the same time?

    It seems like this is what they are waiting for to get the big boost from 2500/wk to 5k/wk.

    It basically is taking 9 months to get to 2500, and then 3 months to get to 5k

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