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Tesla Q4 Deliveries & Model 3 Production Rate

Tesla Q4 delivery report is here and it’s mainly good news. Tesla has delivered over 100,000 cars in 2017 which is their record. About 30,000 cars alone were delivered in Q4 which is its quarterly record as well. Around 15,000 of those were Model S sedans, about 13,000 were Model X SUVs and 1,550 were Model 3 sedans. As good of all this news was, all eyes were on the Model 3 deliveries which were disappointing.

Back in July, Elon Musk has suggested that Tesla wold be making 20,000 Model 3 sedans per month by the end of 2017. He updated that goal to end of Q1 of 2018 a couple of months later. Now, the bad news is that he, once again, pushed that goal to the end of Q2 which is essentially a 6 months delay in reaching that milestone. Tesla did announce that their rate of production of Model 3 cars has hit 1,000 units per week by the beginning of 2018.

Even with a 6 month delay in reaching the Model 3 production goal, Tesla is set to make a major statement in the car industry as more and more people will buy and learn about this amazing car. 2018 should be a good year for Tesla.

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