Tesla reaches 1,000 Model 3's per day Production rate

[traxila]

Instead of beating their workers to death and rushing production to get quantity over quality, they need to buy another factory, maybe more towards the east coast, and install several more assembly lines. Then getting big numbers will be easier.

Another Gigafactory, that makes the batteries and everything. Stuff goes in, cars come out.

If they had engaged in that entirely sensible strategy, they would have been buried by WS and the tremendous short bets probably a month ago. WS loves nothing more than giving companies enough rope to hang themselves.

Long story short, you cannot have relentless Capex spending as well as profits at the stage Tesla is at. Tesla is doing this to survive. They were given no choice by WS and the owned MSM.

 

[acoste]

And reports were that there were 34,000 cars built in October. That's over 1000 per day. Maybe peak number is higher.

That number is probably all models combined. The peak model 3 week was 6200 back then.