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Via Automotive News

Tesla has shot at producing 500,000 vehicles this year, Musk says in memo

October 7, 2020

Tesla Inc. has a chance at producing 500,000 cars this year, CEO Elon Musk told employees, according to an internal email seen by Reuters.

Tesla said in January that 2020 deliveries should comfortably exceed 500,000 vehicles, a forecast the company has left unchanged despite the COVID-19 pandemic.

"This all comes down to Q4. Please take whatever steps you can think of to improve output (while increasing quality)", Musk wrote to employees Wednesday.

Such emails are traditional at Tesla, with Musk sending them out every quarter to hint at targets and potential new records.

Industry blog Tesmanian first reported on the memo earlier in the day.

Last week, Tesla said it delivered 139,300 vehicles in the third quarter, an all-time quarterly record for the electric vehicle maker. The company will have to increase deliveries to nearly 182,000 in the fourth quarter to reach its ambitious year-end target.

Tesla's delivery push has been supported by its Shanghai factory, the company's only vehicle production plant outside California.

The company began delivering Model 3s from its Shanghai factory in December and has said it aims to produce 150,000 Model 3 sedans in the factory this year.

Reuters could not immediately reach Tesla for comment.The company began delivering Model 3s from its Shanghai factory in December and has said it aims to produce 150,000 Model 3 sedans in the factory this year.

Reuters could not immediately reach Tesla for comment.
 

Iacemoe

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Reuters could not immediately reach Tesla for comment.The company began delivering Model 3s from its Shanghai factory in December and has said it aims to produce 150,000 Model 3 sedans in the factory this year.
No PR team anymore. What were they going to ask? I guess production vs deliveries is the caveat. Either way, to potentialy meet guidance during a pandemic is unbelievable. I cant wait to see what the financials look like for Q3. I bet they made 500m+.
 

Riverdog

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I wouldnt buy a Tesla that is made during Q4
I would at the beginning of the quarter. But no way would I buy one at the end of the quarter when they push out makeshift parts on some vehicles to hit 500,000 for the year. Hopefully someday Tesla gets serious about producing vehicles from 1st vehicle out to end of the quarter/year vehicles .
 

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