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He said that Tesla will be able to build 500k cars per year by the end of the year. It absolutely doesn’t mean that they will build 500k cars this year. Btw his
by tigershark 7y ago
He said that Tesla will be able to build 500k cars per year by the end of the year. It absolutely doesn’t mean that they will build 500k cars this year. Btw his predictions of ~400k deliveries for the year wouldn’t be that far off if they continue to deliver ~100k cars per quarter like in the current quarter.
- zaroth 7y agoIn my opinion hitting the FY19 numbers will depend on getting production running in Shanghai. I think they’ll need 20k cars Made in China to get solidly into 360k+ territory. Currently lines will make ~1,000 per day. The Shanghai line will be the next big leg up in volume. When it turns on will determine the year end volume.
- microtherion 7y agoOh, he has said all sorts of things, e.g. 420k - 600k: https://www.livemint.com/companies/people/elon-musk-s-new-forecast-for-2019-up-to-600-000-cars-1551413855883.html https://www.livemint.com/companies/people/elon-musk-s-new-fo... YTD, they delivered 160k, so it would take 120k a quarter to get them to 400k cars in 2019, or 130k to get them to 420k cars. I'll take the under.