Model 3 weekly production rate more than doubled in Q2

Editor’s Note: Welcome
to AspenCore’s Special Project on Tesla, looking at the company’s manufacturing
and supply chain woes and the long road to a Tesla Model 3.

 

Production of the Model 3 has been slower than electric
vehicle startup Tesla anticipated, but for the first time, Model 3 production (28,578 vehicles) exceeded the
combined production (24,761) of the Model S and Model X vehicles in the second
quarter (Q2) of 2018. Tesla also reported that the Model 3 weekly production
rate more than doubled during the quarter. The company expects to increase
production of Model 3s to 6,000 vehicles per week by late August.

Deliveries totaled 18,440 for Model 3
in Q2, with 11,166 Model 3 vehicles in transit to customers at the end of Q2,
which will be delivered in early Q3. “The high number of customer vehicles in
transit for Model 3 was primarily due to a significant increase in production
toward the end of the quarter,” stated Tesla early in July.

The remaining Model 3 reservations at
the end of Q2 is about 420,000. As of July 2, Tesla reported that it had
delivered 28,386 Model 3 vehicles. For an interesting perspective on one man’s
quest for a Tesla and insight into the company’s manufacturing and supply chain
strategies, take a look at the Tesla Special Project articles below:

One Man’s Quest for a Tesla – Another’s struggle to deliver it

Long, Winding Road to a Tesla Model 3 – We followed a new Tesla owner on the last mile of the journey to
get his Tesla Model 3. Here’s how it played out.

Tesla: Electronics Supply Chain Novice or Savior? EV startup Tesla has disrupted the
electronics supply chain — but not in the way that the industry expected. 

Other related links:

Tesla Model
3 owners can now unlock their cars using Siri voice commands

Battery that
charges in one minute could beat Tesla in the race for tomorrow’s car

Elon Musk
wants to begin shifting Teslas to full self-driving capability within 6 months
— is it possible?