Pre-orders have skyrocketed since Tesla announced the arrival of its Model 3 cars in the coming months. However, there might be a little bump in the road for those who are excited to get a ride in their own automatic sedan. Tesla revealed earlier this week that they failed to meet their target Model 3 production for the month of September, although the company gave an assurance that the current production is going well.
According to the latest report, Tesla only managed to produce 260 Tesla Model 3 units for the third quarter of 2017. In a letter sent by Tesla to their investors last Tuesday, the company revealed that they are well short of their target outcome for the month of September, pointing the blame to "production bottlenecks."
Furthermore, Tesla revealed in the investor letter that there are "a handful" of factories manufacturing the Model 3 that have taken a longer time to produce the cars. However, Tesla mentioned that the "vast majority" of their stations in California car plant and Nevada Gigafactory are still operating with high production rate.
In spite of the reported production issues with the Tesla Model 3, the company said that there are "no fundamental issues with the Model 3 production or supply chain." Tesla stated that they have already determined problems that need to be fixed concerning the Model 3, and they are going to work closely on these issues.
The first round of Tesla Model 3 production started in July, with the company's CEO Elon Musk saying back in August that they target to produce 1,500 Model 3 units from July to September. Musk also hoped to increase the production rate of Model 3 sedans up to 20,000 units per month by December. These projections have already been derailed with lower-than-expected production yield in September, although this is already expected as Musk himself admitted that there will be challenges in the first six months of Model 3 production.
CBS News reported that Tesla also failed to meet the initial target production in their previous Model S and Model X cars. Nevertheless, the rate of delivery of the two models had risen to 4.5 percent later on, amounting to at least 26,000 units shipped for the Model S and Model X. The same turnaround is likely to happen with the latest Model 3 car.
