Tesla still has issues with its production line for the new Model 3. Initially, last month, Tesla already saw bottlenecks affecting their production numbers. In a quarterly call yesterday, Tesla has finally confirmed that they will not be able to hit their target of 5,000 units a week for the Model 3.
The new deadline? Sometime in 2018. Worse yet, this quarter, the company faced its worst ever performance, a loss of $619million.
“While we continue to make significant progress each week in fixing Model 3
bottlenecks, the nature of manufacturing challenges during a ramp such as this
makes it difficult to predict exactly how long it will take for all bottlenecks to be
cleared or when new ones will appear. Based on what we know now, we currently
expect to achieve a production rate of 5,000 Model 3 vehicles per week by late Q1
2018, recognizing that our production growth rate is like a stepped exponential, so
there can be large forward jumps from one week to the next”
Changing the deadline is something normal especially those people familiar with Tesla. How they are going about to turn it around will be a tough road ahead especially since it has been having numerous problems with staffing as well as having issues with workers who were fired after a recent round of performance reviews. On top of that, there are mentions of lawsuits against the company claiming workplace discrimination.
Still, there was no mention of the Semi truck which Tesla said that they would launch in October but again, pushed its launch date in order to focus on helping out Puerto Rico restore its electricity grid instead.