So what's the real deal when it comes to Tesla's Q2 production and deliveries? We have bulls and bears both presenting their case along with Tesla's own guidance.
With the recently announced product improvements on Model S and Model X, as well as continued expansion of Model 3 globally, we expect our order rate to continue to increase throughout the year as our production levels increase. We believe we will deliver between 90,000 and 100,000 vehicles in Q2. Although it is possible to deliver a higher number of vehicles, we believe it is important to begin unwinding the "wave" approach to vehicle deliveries, where overseas cars have been made in the first half of the quarter and North American cars have been made in the second half. This puts extreme stress on Tesla, negatively affects our working capital needs and adds to our cost structure.In addition Elon has stated in both the Q1 conference call and in leaked emails they can hit and exceed that target. At the shareholders conference Elon went a step further and stated the EV company could produce a record quarter on every level.
My Tesla delivery estimate for Q2 2019 is now 85,187 units. I will update this on 30 June 2019. The increase compared to my previous estimate is mostly because of Canada sales. pic.twitter.com/m6EDb7i0vv— Troy Teslike (@TroyTeslike) June 16, 2019
One of the original crowd sourced estimators was Bloomberg's Model 3 tracker which has been retired. However it was showing Tesla moving towards 850 Model 3's a day in average. The original author of that, Tom Randall, has since moved it to track other data-sets.
Now it’s time to move on to tracking the next phase in Tesla’s evolution. As the company proved its ability to crank out Model 3s, investors have turned to different metrics of success. Tesla shares have been in a tailspin in recent weeks on doubts about consumer demand for the Model 3—and electric vehicles writ large. Tesla needs to prove it can mass produce cars with the quality, reliability, innovation and service to keep attracting new customers as traditional automakers add more electric options.
On this video predicts over 90k deliveries for Q2 based on various pieces of evidence.
Their latest hit piece suggests Tesla is missing it targets based on a leaked document (Which is nowhere to be seen). But boils down to talking about a particular segment of the production line which hasn't hit the 1000 a day target for Model 3 production.
The article presents no evidence and talks in vague terms using the work segment without explaining it. This is par for the course for Business Insider so a ton of sodium should be nearby when reading it.