ℬête Noire
Active Member
They already peaked weekly well higher than that in May. June's been turn-around heavy so far.
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Tesla made 6000 Model 3's in June
- Thread starter a.void
- Start date
They already peaked weekly well higher than that in May. June's been turn-around heavy so far.
Remember guys, this quarter is going to be the lowest quarter you have seen in a long time and it's on purpose to extend the tax credit.
And I doubt that is the actual number produced just the actual number of deliveries.
Once we roll over the next quarter they're going to churn these babies out like no other!
And I doubt that is the actual number produced just the actual number of deliveries.
Once we roll over the next quarter they're going to churn these babies out like no other!
chronopc
Active Member
Q2 produced/delivered is still going to be way more than Q1. Far cry from lowest
TT97
Active Member
To add to @kengchang comment - Q1 U.S. sales for Tesla was 17,980 which was their best quarter ever. In the first two months of Q2, estimated sales were 15,370. Tesla is approx 6k below the 200k sales as of 5/31 so likelihood Q2 U.S. sales will be about 21k which will make it their best quarter ever to date (until Q3 which will obliterate Q2 sales).
SageBrush
REJECT Fascism
No, Tesla made 6k Model 3 by some day in June.
TT97
Active Member
Of which the factory was shut down through 6/1 and probably took a couple days to get back up to speed. In practicality, it is probably 6,000 3s over a two week span (naturally, the link in the article to the "internal memo" was broken and was unable to find the memo anywhere else). 3,000/wk is in line with what EM stated they were producing in early June.
Article dated today, 6/20 .. Even if it's a few days behind with data, we are nowhere close to 5k/ week.
jelloslug
Active Member
Your link refers to an article that was published days before hand and was based off info that was acquired days before that. I'm sorry that it does not confirm your reason to short, but it is what it is.
So Business Insider's information must come from Martin Tripp dude who's getting sued
Business Insider is fairly crappy overall. Reminds me of Seeking Alpha as far as quality content goes. Maybe a half step above SA.
chronopc
Active Member
They are working on a 3rd assembly line. So going from 2 to 3 lines will increase the rate of production substantially.
Bloomberg’s Model 3 tracker estimates a bit over 4k per week at the end of the month, based on June 20th data and the general trend.
Sure a bit over 4k isn’t the same as 5k, but we‘ve had more than 6 months delay already, that extra month really isn’t a problem.
We Set Out to Crack Tesla's Biggest Mystery: How Many Model 3s It's Making
Sure a bit over 4k isn’t the same as 5k, but we‘ve had more than 6 months delay already, that extra month really isn’t a problem.
We Set Out to Crack Tesla's Biggest Mystery: How Many Model 3s It's Making
SageBrush
REJECT Fascism
Except there is not good reason to assume that the data is only a few days before 6/20.
It also seems fairly obvious that the second half of June will have substantially higher production than the first half; or the first two weeks of July will have substantially higher production than the last two weeks of June.
<<shrug>> You can just about dial in the jump in production, +/- a week or two.
It is hard to know precisely but 'well informed people' suggest that the present weekly built rate is around 4,000 Model 3, the level having risen greatly within the last ten days. It's pretty reasonable to expect that they'll be at or very near 5,000 per week within the next ten days or so, pretty much meeting the expectations for 'end of June'. Many people are trying to make estimates and nobody has definitive numbers. One thing is very sure: Tesla does want to end the second quarter without triggering the end of the full Federal tax credit.
July will be gigantic for all models, according to everyone I trust on the subject.
July will be gigantic for all models, according to everyone I trust on the subject.
SageBrush
REJECT Fascism
IIRC (not sure), Elon thought Model 3 production might reach 5000 cars a week before the 3rd production line was on-line.
So if in fact Tesla is at 4k a week now with two lines, then 6k a week in the near future is a reasonably conservative guess and 7500 a week is an Elon stretch.
In May, Elon targeted 6K/ week by end of June with 5k being the low end.
Then he stated at the shareholder meeting that he still felt 5k was attainable and reasonable. Approaching the end of June and it's looking less likely.
Then he stated at the shareholder meeting that he still felt 5k was attainable and reasonable. Approaching the end of June and it's looking less likely.
The objectivity in this forum
According to data I have compiled..... Tesla has not produced 5000/wk so far in July.
(Wanted to be first)
(Wanted to be first)
SageBrush
REJECT Fascism
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