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Model 3 production info from 2016 Financial Call

Discussion in 'Reserving, Ordering, Production, Delivery' started by TrevP, Feb 22, 2017.

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  1. TrevP

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    #1 TrevP, Feb 22, 2017
    Last edited: Feb 22, 2017
    Initial information about Model 3 Production plans from the 2016 financial call:

    Model 3 is due to start limited production in July with volume production by September.

    Tesla expects to hit 5000 cars per week sometime in the 4th quarter (as I had heard from my source) and achieve 10K cars per week sometime in 2018.

    Installation of Model 3 production equipment is well underway in Fremont and at Gigafactory 1 in Nevada.

    Online Model 3 Configurator will probably go live for employees in 3-4 months.

    Final Model 3 reveal might happen closer to production. Elon said final cars will be better than prototypes and have a few more features :)

    Tesla has built already built several Model 3 prototypes this month for ongoing testing of vehicle design and manufacturing processes. Be on the lookout for some of those driving around the bay are soon! Have your cameras ready!

    Solar products are still on track for summer at Gigafactory 2 which is what they are calling the Buffalo solar city factory now.

    Tesla expects to finalize locations for Gigafactory 3, 4 and possibly 5 later this year!!
     
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  2. Matthew Morgan

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    That shareholder letter was the crack I need. :)
     
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  3. jsheriff

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    Jason mentioned car insurance through Tesla, that takes into consideration the safety features resulting in a fair discount compared to typical car insurance providers. Did I hear this correctly?
     
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  4. Robnoper

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    Based on the report, and electrek. assume figure of 400000 advance orders, 50000 by end of 2017=350000
    Approx. 10000 cars per week in 2018, = 35 weeks approximately, divided by 4 weeks per month approx.= August/ September.
    Oh and somewhere RHD in that calculation. So hopefully by end 2018, not 2019
     
  5. Jason Klatt

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    Is the webcast recorded? Would love to hear it but stuck at work.
     
  6. Dan Detweiler

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    Yes, he said that they are currently doing that in Asian markets. He said that they are confident that domestic insurance companies will come around in time but left the option of Tesla supplied insurance on the table for the future if need be.

    Dan
     
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  7. Gilberto Pe-Curto

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  8. Gilberto Pe-Curto

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    Hey @TrevP any chance going live today on YT to discuss this ?
     
  9. Dan Detweiler

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    When asked about the Model 3 reveal of the final version, Elon just hinted that it might not take place until as late as July.

    hmmmmm.....

    Dan
     
  10. Michael Russo

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    Remember that cumulative reservations may be more like 500k. Unless you know there are only 400k ahead of you... ;)
     
  11. gtg6

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    And he said "some" items will be much better than the version we've see. Wonder if he's talking about just the HUD or something else we don't know about...
     
  12. Dan Detweiler

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    Now is when we all start wondering just how accurate all the speculating we have been doing for the last 11 months really is! ;)

    Dan
     
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  13. Jason Klatt

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    I missed the first bit of the call. Did anyone talk about HUD? He mentioned that model 3 would be simpler than s because they have only 1 screen vs 2, 1 cpu vs 2
     
  14. Dan Detweiler

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    Nobody has said anything about a HUD to this point.

    Dan
     
  15. Jason Klatt

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    Elon just said customer configs 3-4 months away form being opened up
     
  16. Dan Detweiler

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    Call just ended. Other than the issues brought up above...not a whole lot more info regarding Model 3. Maybe others feel differently, if so, please share.

    Dan
     
  17. Gilberto Pe-Curto

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    Now let's wait for "Obi-Wan Kenobi" with a touch of this to come Live on Youtube


    [​IMG]
     
  18. Daliman

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    Well very torn about that call. They seem very clear that the line instalation is proceeding well. Elon was very specific about the parts orders ramping from 1000 per week in July to 5000 per week by the end of the year. The gigafactory can produce enough cells to reach a million cars. All fantastic.

    On the other hand bitterly disapointed there were no details about the car and the next reveal seems to be put off until July. Design has to be final, do they just want to avoid any reservation jump until they are really producing?
     
  19. TrevP

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    Yup, editing the video right now :)
     
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  20. John Edighoffer

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    I noticed Elon Musk saying the drive train for the Model S/X was designed for 250,000 miles and that the Model 3 is designed for 1,000,000 miles. That means the Model 3 will last four times longer, including the battery.

    This will be my last car for I will never get to 1,000,000 miles.
     
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