Photo: Tesla Motors
Tesla manufactured 18,345 vehicles in the second quarter of 2016, an increase of 20% over its result in the first three months of the year.
While shortly missing its Q2 target for deliveries, the automaker explained that the difference appeared after 5,150 vehicles were still in transit at the end of the quarter.
The amount of cars that were in transit at the end of the second quarter of 2016 was higher than expected, and almost double of what they had in the first three months of the year.
Furthermore, Tesla Motors had so many cars in transit at the end of the quarter that just ended, that they accounted for a third of the number of cars that completed delivery in the period.
The company went to explain that the situation was caused because of a steep production increase, which led to manufacturing “almost half” of the quarter’s total output in the final four weeks of the second quarter of 2016.
At the moment, Tesla Motors is manufacturing approximately 2,000 vehicles each week, consisting of Model S and Model X cars.
The American automaker will improve productivity to reach nearly 2,200 vehicles manufactured each week in the third quarter of 2016. Meanwhile, the fourth and final quarter of this year will have Tesla’s facility making 2,400 cars each week. Tesla’s expectation estimate that production at the mentioned levels will be fully supported by current order rates and backlog.
Tesla is expected to deliver almost 80,000 vehicles this year, slightly below its published expectations. The automaker has significant plans for increasing production in the coming years, as it plans to make as much as 500,000 vehicles a year by 2018. To achieve the objective described above, Tesla would have to complete its battery factory in Reno, Nevada, as well as ramping up production in its Fremont facility, located in California.
The massive increase in output planned by the end of 2018 is expected to happen thanks to the Model 3, a car which is supposed to begin deliveries in late 2017. Tesla has received numerous orders for its most affordable product, but nobody knows if all of those who paid a refundable deposit will go through with their orders.
The amount of cars that were in transit at the end of the second quarter of 2016 was higher than expected, and almost double of what they had in the first three months of the year.
Furthermore, Tesla Motors had so many cars in transit at the end of the quarter that just ended, that they accounted for a third of the number of cars that completed delivery in the period.
The company went to explain that the situation was caused because of a steep production increase, which led to manufacturing “almost half” of the quarter’s total output in the final four weeks of the second quarter of 2016.
At the moment, Tesla Motors is manufacturing approximately 2,000 vehicles each week, consisting of Model S and Model X cars.
The American automaker will improve productivity to reach nearly 2,200 vehicles manufactured each week in the third quarter of 2016. Meanwhile, the fourth and final quarter of this year will have Tesla’s facility making 2,400 cars each week. Tesla’s expectation estimate that production at the mentioned levels will be fully supported by current order rates and backlog.
Tesla is expected to deliver almost 80,000 vehicles this year, slightly below its published expectations. The automaker has significant plans for increasing production in the coming years, as it plans to make as much as 500,000 vehicles a year by 2018. To achieve the objective described above, Tesla would have to complete its battery factory in Reno, Nevada, as well as ramping up production in its Fremont facility, located in California.
The massive increase in output planned by the end of 2018 is expected to happen thanks to the Model 3, a car which is supposed to begin deliveries in late 2017. Tesla has received numerous orders for its most affordable product, but nobody knows if all of those who paid a refundable deposit will go through with their orders.
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