The Bloomberg Tracker is showing that Tesla has already produced over 75,000 Model 3's. Can they break 100,000 by the end of the quarter? Thoughts?
● It is certain
I only care about the one with my name on it getting made! :)
To hit that goal they will need to produce an average of 5,000/wk.
Tesla estimated 50-55k deliveries in Q3 on the conference call, so they should easily get past 100k total M3s delivered.
It looks like 5,000/wk is in the rear view mirror...
Not sure how accurate it is but the Bloomberg Weekly Production Rate trend shows it dipping below 5000/wk for the next three weeks. I'm assuming that the predictor model is probably just a poor fit and is underestimating the upcoming production rate.
I too have no idea how could they predict production rate in the future. Their methodology actually has a few weeks' delay of what actually has happened since they are incorporate data of cars delivered not produced.