Tesla Model 3 Production Ramp: The Big Picture

|
About: Tesla, Inc. (TSLA)
by: Trent Eady
This article is exclusive for subscribers.
Summary

The Model 3 production ramp is making progress.

Tesla says it's choosing a slower ramp in order to prioritize cost efficiency and reliability, which is a rational choice.

I present a theory about why we may never get accurate guidance from Tesla.

Tesla (TSLA) produced 800 Model 3s in the last seven working days of 2017. That's a 36x increase from the average weekly production rate of 22 cars in Q3. CEO Elon Musk described