Tesla blamed "production bottlenecks" for the slow rollout
, photo: AP/Justin Pritchard
02 of October 2017 18:33:17
DETROIT – Tesla Inc. missed its third-quarter production goals for its new Model 3 sedan, leaving customers and analysts to wonder if the company will meet future targets for the hotly anticipated electric car.Tesla said it delivered 220 Model 3 cars in the quarter. It has produced a total of 260 Model 3s at its Fremont, California, factory since production began in early July.At that time, Tesla CEO Elon Musk tweeted that the company should be making 100 Model 3s in August and "above 1,500" in September. He also said the company would likely be making 20,000 Model 3s per month by December.But Musk also warned, in late July, that Tesla would go through "at least six months of manufacturing hell" as it ramped up production of the Model 3. He said there is always a risk of machines breaking down or suppliers not coming through with parts.On Monday, Tesla blamed "production bottlenecks" for the slow rollout. But it said it was confident it could fix those issues."It is important to emphasize that there are no fundamental issues with the Model 3 production or supply chain," the company said in a statement. "We understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near-term."
Despite its issues with the Model 3, Tesla said it delivered a record number of vehicles in the third quarter. The Palo Alto, California-based company delivered 26,150 vehicles in the July-September period, up 4.5 percent from the same quarter a year ago. A little over half of those were Model S sedans; the rest were Model X SUVs and the handful of Model 3s.Tesla said it expects to deliver about 100,000 Model S and X vehicles in 2017, which would be a 31 percent increase over 2016.Tesla's shares fell 1 percent to $336.79 in after-hours trading.
Tesla predicted in August it would build more than 1,500 Model 3s in the third quarter; it actually made 260 https://t.co/LwRf3Efkf0— Wall Street Journal (@WSJ) 2 de octubre de 2017