Tesla's new Roadster is "the quickest car in the world"

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Originally Posted by TeePee

It is interesting to see how this is going. Back in January, Tesla was aiming to have a Model 3 production rate of 2500/week by the end of March. Well, they missed that, making 2020 in the last week of March. Actually, that's one hell of a lot better than I expected, and wouldn't be terrible, if that were part of their production ramp up. Except it isn't. Over the entire quarter, they made 9766, which shows just how unsustainable that number is. The newest claim is for 5000/week by the end of Q2, but the real test would be if we see more than 32,500 for the entire quarter.

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It seems fairly well documented that Tesla is still learning how to make cars as well as the established players, but they are learning. On their plus side, they clearly have a product that people want (or at least aspire to).

I still think we are funding another Mars project for Elon though. On a planet without forests we can't expect to find oil; cars will need to be electric and charge off solar panels. How else can you visit the people in the neighbouring underground dwelling (they might need a tunneling machine to dig those).

And the flamethrower keeps the martians away? :p

They made 4350 in the fist 14 days of April, then took a week off. Something like 6000-7000 for the month are reasonable estimates, certainly less than the 10,000 Bloomberg estimate. They have also started talking about new drive lines and piling on hype, which is what they do whenever something bad happens. It may just be the Head of Production 'taking a break' to 'spend time with family', or another missed target.

Looks like the new price of the model 3 is $78,000. Not quite the $35,000 they were hoping for. But when they are paying $18,000 for every car sold just in interest on their debts, it's a little more reasonable. $78,000 buys a lot of competition...

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Originally Posted by TeePee

Looks like the new price of the model 3 is $78,000. Not quite the $35,000 they were hoping for.

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Specifically on a supposed top-end sports model, as you well know.

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Originally Posted by directhex

Specifically on a supposed top-end sports model, as you well know.

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They haven't sold one under $50,000 yet...

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Originally Posted by TeePee

They haven't sold one under $50,000 yet...

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True.

They have production issues and a preorder backlog.

Where's the business sense in fulfilling the low-margin orders first?

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Originally Posted by directhex

True.

They have production issues and a preorder backlog.

Where's the business sense in fulfilling the low-margin orders first?

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They aren't low margin, they are negative margin, even at the current typical $60,000 OTD price. That's M3 money for Chevy build quality.

https://www.bloomberg.com/news/artic...ond-the-masses

They really over promised on the $35k feasibility.

I think many people who placed deposits for the base model.... Well I hope they used a credit card.

Oh dear

It is a little awkward...

Latest update! They now say they are 'quite likely' to hit 3000/week by the end of the month. So close...

Profitable by next quarter!

I'll believe that when I see it !

Am i the only person that has an issue with Tesla's support/repair model. I.e. only Tesla or Tesla qualified repair shops can work on a Tesla and if they discover that you/3rd party repaired it then they'll disable features like supercharge and certain updates etc. rendering your car virtually worthless? Until that's outlawed you'll never catch me owning a Tesla, even if I could afford one.

This guy sums it up quite well.

https://www.youtube.com/watch?v=okLgtYgnd7A

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Originally Posted by TeePee

Latest update! They now say they are 'quite likely' to hit 3000/week by the end of the month. So close...

Profitable by next quarter!

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Weren't they promising 5,000 a week by the end of june as recently as last month?

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Originally Posted by TheAnimus

Weren't they promising 5,000 a week by the end of june as recently as last month?

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Why yes. Yes, they were...