Tesla did not come close to its stated goal of 6,000 Model 3s per week in August. Actual production 4,300.
Despite missing the goal in August by 28%, Electrek, Tesla’s preferred analytical website says Tesla misses Model 3 production goal of 6,000 units per week, but on track for overall Q3 goal.
Electrek has learned that the automaker missed the 6,000 unit production rate goal, but Tesla is nonetheless on track for its overall third quarter goal.
It follows our report from last week about Tesla being on track for a production record this quarter but slightly behind its ambitious Model 3 goal.
Based on the same reliable source familiar with Tesla’s production, the automaker built about 6,400 vehicles during the last week (last 7 days) of August (from 24th to 31st midday) including about 4,300 Model 3 vehicles.
According to the same source, Tesla produced about 53,000 vehicles including over 34,700 Model 3 vehicles in Q3 as of Friday.
New Definition of “Slight Miss”
It seems the new definition of “slight miss” is 28%.
Celebrate, Celebrate
If you want to know why Tesla likes Electrek, this paragraph explains it all.
Let me start by saying that no matter how you look at those numbers, Tesla is producing electric vehicles at an incredible rate and that should be celebrated.
Electrek Goes Off Track
It certainly looks like there were some production issues over the past two months, which could explain the many reports of delivery delays for Model 3 buyers. As a reminder production doesn’t equal deliveries.
Hopefully, Tesla has a good reason for those, like focusing on Model 3 quality and profitability instead of higher output, but it remains to be seen.
Back on Track
Based on our information, it looks like overall production goals are going to be somewhat easily achieved even though they missed their 6,000 Model 3 vehicles per week deadline and they haven’t even had another 7-day period at over 5,000 units per week.