BMWYY - Tesla Model 3 Production Up 900% In Q4 May Pass Bolt As #2 Selling BEV In January
Resolution of production problems has begun
Tesla Model 3 production is finally starting to ramp up. The ever increasing production rate passed 1,000 vehicles per week for the last few days of 2017 according to Tesla. New targets are 2,500 by end of Q1, 5,000 per week by summer and if that's accomplished, then perhaps the 10k per week may still be realized before the end of Q4 2018.
Tesla valuation is closely tied to both the Model 3 production rate and perhaps even more so to that lines gross profitability. The first meaningful Earnings