Tesla News: After Meeting Its Goals, Will EV Maker Exceed Expectations On Model 3? [VIDEO]
Tesla's recent announcement on Sunday, which outlined the number of vehicles the company produced, means a lot for both the company's investors and its customers. Over the last three months, Tesla has managed to deliver 24,500 vehicles, and that's not even counting the 5,500 vehicles that are currently in transit to customers.
These numbers are a huge breakthrough for the prominent EV maker. For one, this is actually the first time that the company appears to be poised to reach its self-imposed production goal of shipping 50,000 cars in the second half of the year. In the past, Tesla has usually overwhelmed customers with the quality of its vehicles, but severely underwhelmed with the delivery rate of its cars.
"We expect Q4 deliveries and production to be at or slightly above Q3, despite Q4 being a shorter quarter and the challenge of delivering vehicles in winter weather over holidays. Guidance of 50,000 vehicles for the second half of 2016 is maintained," Tesla announced.
One thing that seems to have been proven right by this recent breakthrough in EV production is Tesla CEO Elon Musk's notion of perfecting "the machine that makes the machine." The EV maker is already in full gear working on creating a massive battery factory in Nevada, which is set to greatly aid the company in meeting the overwhelming demand for the company's most recent vehicle, the Model 3.
The Nevada gigafactory, as the factory is fondly called by the company, is set to greatly boost Tesla's production numbers. According to the EV maker, its goal for 2018 would be to manufacture as much as 500,000 electric cars in one year. While the number appeared farfetched as of late, Tesla's recent report on the current numbers makes the 500,000 goals for 2018 all the more plausible.
Tesla shareholders appeared to share the good news, sending the company's stocks surging 4.5 percent in Monday trading.