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They have already sold a lot of Model 3s, and they have 16 months to sell a lot more of them. Personally I don't really care all that much about when they hit 5
by Shebanator 8y ago
They have already sold a lot of Model 3s, and they have 16 months to sell a lot more of them. Personally I don't really care all that much about when they hit 5k/week, 6k/week, or whatever. Even if they stayed at 4k/week that is 240K cars over the next 16 months, plus however many S/X/Y models they sell in that time.
The counter argument is that the demand for the 3 will be exhausted at some point, which could well be true. But the availability of the cheaper short range Model 3 will spike demand before that happens.
EDIT: fixed broken math
- toomuchtodo 8y agoIndeed, Tesla is supply constrained. The next three years of Fremont production are spoken for (reservations + demand not yet realized as a reservation). Gotta get those production rates up to pay off bonds and amortize capex though.
- Shebanator 8y agoYes, Tesla's profitability is an entirely different discussion, and IMHO one that really isn't all that relevant to how it will compete with MB, VW, etc. over the next few years.
- dragonwriter 8y agoProfitability is relevant to how Tesla will do anything, including but not limited to competing with incumbent auto manufacturers, absent an infinite supply of undemanding capital.
- rcMgD2BwE72F 8y agoMore importantly, the legacy automakers are loosing far more money on the sales of their EV than Tesla. They can't expect to margin of their gas-guzzlers to subsidies their losses on EV for long.
- AshleyGrant 8y ago>The next three years of Fremont production are spoken for Are you sure? We did not have a reservation. We ordered a Model 3 LR AWD on July 25 and will be taking delivery by the end of September, per our delivery adviser.
- jmpman 8y agoI expect the >$35k model demand is drying up fast. Can Tesla run their business on 400k 35k Model 3s?
- greglindahl 8y agoI'm really loving the simultaneous predictions that > $35k demand is drying up and complaints that the $35k car isn't shipping yet... because > $35k demand is too high.
- Geee 8y agoThey haven't started delivering outside US yet. Europe is planned mid 2019.
- zacharytelschow 8y ago> the availability of the cheaper short range Model 3 will spike demand before that happens. So Q1 2019. And Telsa is always on time with self declared timelines, so you know those cars will be rolling off the line by then.
- rcMgD2BwE72F 8y ago>And Telsa is always on time with self declared timelines, so you know those cars will be rolling off the line by then. Can you name one legacy automaker who reach their EV sales/production goals more accurately than Tesla over several years? All production targets set in 2015 by Musk have been achieved/exceed so far: https://www.youtube.com/watch?v=LTbQFdyizGQ https://www.youtube.com/watch?v=LTbQFdyizGQ
- Shebanator 8y agoQ1 2019 is still at least six months before MB will have a viable competitor available to purchase. Probably more like 12 months before MB has it available in quantity. Too soon to say what availability will be for the Audi and Porsche competitors. But thanks for the snark.
- greglindahl 8y agoTesla has a history of shipping high-margin cars for as long as they can before shipping the base model. So no, no one should expect those cars to be rolling off the line by then.