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Yeah, plenty of people on HN love to repeat that. Check out how Tesla has been doing with their most recent Model 3 production target, which was announced at th
by greglindahl 8y ago
Yeah, plenty of people on HN love to repeat that. Check out how Tesla has been doing with their most recent Model 3 production target, which was announced at the end of 2017:
https://www.bloomberg.com/graphics/2018-tesla-tracker/ https://www.bloomberg.com/graphics/2018-tesla-tracker/
Here we are, 8 months later, how would you say they are doing?
- yellowapple 8y agoKey point there is "most recent production target". Tesla has been constantly revising its production targets as it fails to achieve prior targets. For example, in 2016 [1] Tesla set a target of 100,000 Model 3s produced in 2017 and 400,000 in 2018. End of 2018 is getting close, and Tesla's at less than 30% of the 2017 target, let alone 2018. After that particular failure to achieve production goals, the stated goal for Q3 2017 was revised to 1,500 new cars built [2]. Tesla built 237 instead. In other words: yeah, Tesla might look like it's "on target" now, but only because it shifted the goalposts after having been very much off target for more than a year now. There are hundreds of thousands of customers still waiting for their cars because of how thoroughly Tesla missed its original production goals. Tesla's on the right track now, but only after a very rocky road getting there. -- [1]: https://www.reuters.com/article/us-tesla-suppliers-idUSKCN0YB0CA https://www.reuters.com/article/us-tesla-suppliers-idUSKCN0Y... [2]: https://www.bloomberg.com/news/articles/2017-10-02/tesla-sales-climb-as-model-3-stokes-demand-in-pricier-offerings https://www.bloomberg.com/news/articles/2017-10-02/tesla-sal...