Tesla Model 3 Production Estimated At Above 110,000 Units

More than 110,000 people are apparently driving in a Tesla Model 3.

Bloomberg’s Tesla Model 3 Tracker indicates that production of the Tesla Model 3 exceeds 110,000 and today stands at 111,968 since August 2017.

Despite the progress, the estimation tool still shows that the average production rate is below 5,000 a week, currently at 4,579. Of course, it’s not necessarily the true production rate, but it gives us a glimpse at how difficult it is to expand beyond 5,000.

In total, some 177,554 VINs were registered, which is 65,576 above the Tesla Model 3 Tracker production or 13 weeks of 5,000/week worth of production.

Production and deliveries of Model 3 in previous quarters thus far:



2017’Q3 – 260 produced, and 222 delivered

2017’Q4 – 2,425 produced and 1,542 delivered

2018’Q1 – 9,766 produced and 8,182 delivered

2018’Q2 – 28,578 produced and 18,449 delivered

2018’Q3 – 53,239 produced and 56,065 delivered



2018’Q4 – already >17,700 produced (estimated)

Tesla Model 3 Tracker (Source: Bloomberg)

Source: Tesla Model 3 Tracker

This article originally appeared on Inside EVs.

 

[SageBrush]

These threads are all going to appear so quaint in a few years when Tesla is producing 100k a week.

 

[PoitNarf]

These threads are all going to appear so quaint in a few years when Tesla is producing 100k a week.

We’re probably talking at least 15 years down the road before that even becomes a slight possibility. Toyota makes slightly over 10 million vehicles a year and that production is spread out amongst dozens of plants around the world. Tesla still only has a single vehicle assembly plant. I’m not saying it probably won’t happen at some point but it’s going to take a while for Tesla to increase its current yearly production by more than 10 fold.

 

[scottm]

Well, the model 3 I just took delivery of is in VIN range 110xxx

So I really do believe they should have delivered more than this number of 3's by now

 

[Stirfelt]

Really great news. It would suggest that the "production hell" phase has now been eclipsed.

But it also suggest that the "service hell" phase is now commencing.

We could really be excited about the increased production were it not for the fact that based on multiple new owner reports, the increased numbers have been achieved at the cost of poor assembly QC.

It will be interesting to see what the new year, and cut-back of the fed tax rebate will do for sales. Many new owners report they pulled the trigger to take advantage of the refund. Some that were interested in the SR have jumped on the MR option (for the rebate).
The impact could be significant. We shall see.

 

[Magellan55]

Tesla still has many more avenues for sales of the Model 3 - like the rest of the world. And the $35K base model. And leasing. I don't see them being demand constrained until the Model Y gets close to production. Especially since it appears they are struggling to consistently make 5K a week, and likely won't get near the planned 10k a week in the current factory.