This is mostly quotes of Model 3 related bits of information from the Shareholder letter just release today:
- Model 3 on track for initial production in July, volume production by September
- Model 3 program is on track to start limited vehicle production in July and to steadily ramp production to exceed 5,000 vehicles per week at some point in the fourth quarter and 10,000 vehicles per week at some point in 2018
- Ahead of the Model 3 launch, we are reengineering and expanding our operations as we anticipate the needs of a much larger family of Tesla owners. In service, since more than 80% of our repairs are so minor that they can be done remotely, we are expanding our mobile repair service that allows Tesla to make vehicle repairs at an owner’s home or office.
- Model 3 vehicle development, supply chain and manufacturing are on track to support volume deliveries in the second half of 2017
- In early February, we began building Model 3 prototypes as part of our ongoing testing of the vehicle design and manufacturing processes.
- Initial crash test results have been positive, and all Model 3-related sourcing is on plan to support the start of production in July.
- Installation of Model 3 manufacturing equipment is underway in Fremont and at Gigafactory 1, where in January, we began production of battery cells for energy storage products, which have the same form-factor as the cells that will be used in Model 3.