The "no fundamental issues" part really rang bad bells in my head.
Here is why:
Q3 2015
<A - Elon Reeve Musk>: Yeah, I mean, we're - as we talked about before, really, the main thing with the X is just scaling up production. We're making steady progress with each passing week. Actually, seven days a week, every day, I get an update on manufacturing progress and what the issues are. And we see no fundamental issues on the production ramp. It's just a question of how quickly we can solve each issue. I mean they are really down to like the little things, like the placement of the seal on the door and whether that results in the bright trim alignment being correct, this is quite nuanced. So we feel very confident of being able to get to several hundred vehicles per week by the end of the year.
Q4 2015
<A - Elon Reeve Musk>: Or seals, yeah. The seals. Yeah, the seals have been a huge pain. I mean, essentially the seals had to be redesigned, and then the seals that we did have had to be reworked by hand in order to sort of fit correctly. Yeah. Seals are a bane. We had a lot of issues with the second door seats, we have now in-sourced that capability. Yeah, we really don't see any fundamental issues.
Q2 2016
<A - Elon Reeve Musk>: Well, I think the Model 3 is overwhelmingly our focus. Yeah. Things feel really quite stable with Model S and Model X. We're kind of in the mode of continuous improvement, but no fundamental issues. So, I feel like the machine that's making Model X and Model S is actually functioning quite well right now. And I definitely burn out of few neurons and a lot of other people did solving the production ramp earlier this year. I feel we're in a good place at this point. So, the focus really is on Model 3 and followed by full autonomy as - well it's our two priorities.
"No fundamental issues" is really no fundamental issues only at the tail end of Q2. We got decent volume production only Q3 2016 onwards.