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Following the unveiling of the Tesla Model 3, a lot of supporters and critics have expressed concerns on varying levels that the company might not be able to hit its production targets. At 10,000 vehicles a week by 2018, those are numbers that Tesla has never done before. During the recent earnings call with investors, however, CEO Elon Musk expressed absolute confidence that the target will be met.
During the Q2 revenue report, Musk assured investors that the Model 3 production is going along just fine. While still slow compared to production of other car companies, the tech billionaire has “zero doubts” that Tesla can hit the eventual production numbers by next year.
“What people should absolutely have zero concern about, and I mean zero, is that Tesla will achieve a 10,000 unit production week by the end of next year,” Musk told investors. “I think people should really not have any concerns that we won’t reach that outcome from a production rate.”
For anyone who has been following developments regarding Tesla’s car production troubles, this pronouncement by Musk can come off as particularly strong. As Electrek notes, the CEO is usually a little more cautious about how he presents production forecasts. In the past, Musk would be more apt to say things like “best guess” or “possibly.”
This time, the tech figure has displayed absolute confidence that his company can finally start producing cars as promised. This is interesting as well, considering that during the presentation of the Model 3, Musk himself said that Tesla was going to be in “production hell.”
On the matter of the Model 3 reservations, Musk did provide some insights with regards to the company’s approach. The CEO admitted that there were cancellations throughout the year, but net reservations still stood at 455,000, and that’s without actually any marketing on Tesla’s part. Musk even said that this is simply for the best since it would only cause customer inconvenience due to the waiting period.
