Tesla looks to take another massive bite out of the automotive market by producing over 50,000 vehicles in the second half of 2016.
Gone are the days of electric vehicles being expensive, eccentric and odd looking cars. Elon Musk and Co at Tesla are planning to put a serious dent in the fossil fuel burning market by producing 500,000 electric vehicles by 2018. The electric car pioneer now expects to build and deliver over 50,000 vehicles in the second half of 2016 – that’s as many as it built in all of 2015!
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To reach their lofty goal Tesla will need to build 2,400 EVs per week in 2016, which shouldn’t be a problem as they have been averaging 2,000 a week the past few months. But to reach their goal of half a million cars by 2018 they will need to make sure all the components are functioning correctly. The big push on production had an impact on shipping in the last quarter (Q2 2016). Tesla made 18,345 EVs in the second quarter and the last-minute rush left it shipping only 14,370 of them. Many customers have been waiting months for their Tesla vehicles.
Read: Tesla unveils the Model 3 electric car
Even with the help of its battery-making Gigafactory, it still faces a lot of risks: it has to not only scale its production to fulfil a massive amount of Model 3 demand, but find a way to get all those cars to customers in a timely fashion. It doesn’t want to see a repeat of this last quarter’s setbacks on a much larger scale, as that would amount to tens of thousands of annoyed customers twiddling their thumbs.
Source: TechRadar
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