1.) On Production Numbers:
100,000 Model 3s by late next year
500,000 in 2018 made of Maybe 100k-150k S and X and 300k to 400k Model 3, but “it’s really hard to say,”
2.) On Model 3 Readiness:
We are already almost complete with design of Model 3, Musk says.
Musk mentions July 2017 as the date that Tesla and suppliers will have to take seriously about the Model 3.
3.) On Autonomous Driving:
Musk says that data is everything in that case. In order for regulators to be confident with it, they will want to see a very large amount of data, maybe billions of miles’ worth, showing that a self-driving car is safe.
Tesla will argue for autonomous driving, but not argue against manual driving, Musk says. Freedom is important. If people want to drive a manual car, they should be allowed to drive it, he says.
4.) On Reservations:
93% of Model 3 reservations were from customers who had not interacted with Tesla before
5.) On the Future of Production Plants:
Musk plans for international expension are “sort of speculative,” he says. But making cars in California and shipping them all over the world is not very efficient, he adds.
At some point it will make sense to have a plant in Europe, and a plant in China, he says, but Musk does not give specific dates or details.
Just to meet North America demand, Tesla will need another plant in North America, he says.
**I'm listening to the conference call now & there are some other nuggets not reported**
If you place your order for a Model 3 "right now" there is a high probability you will get it in 2018.
"We designed the Model 3 easy to make"
Unlike the S and X the Model 3 is "fundamentally" different due to input from suppliers to make it easy to build
Also unlike the S and X if there is a problem with a supplier Tesla can "scramble and make parts in-house"