Tuesday, April 10, 2018

Tesla 3 production nearly 2,500 per week

Half way towards the 5,000 a week target, which Tesla reckons they'll reach at the end of June.  However, even at 5,000 Model 3s a week, it'll still take almost 2 years for the waiting list to be cleared.  I expect the target will be lifted in June to 7,500 a week by September.  Which now looks eminently doable.  This will, combined with the rapid growth in the new Nissan Leaf, push EV sales to 4% of total US car sales in Q4 2018.  It will also make Tesla profitable. 

The graphic comes from Bloomberg



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