In just one year and two weeks, Tesla manufactured 70,000 Model 3

According to Bloomberg, cumulative production of Tesla Model 3, estimated through its VIN-tracking algorithm, is now above 70,000. That's almost 10,000 more than it stood at 13 days ago.

***UPDATE - VINs have just surpassed the 100,000-unit milestone. Oh happy day!

The Tesla Model 3 Tracker indicates (as of August 18) 70,009 units produced and a production rate of 5,321 weekly, which is slightly less than previously, but still expected to go north to 6,000 or so later this month.

With almost 30,000 Model 3 made this quarter and with six weeks to go, Q3 will result in more Model 3 (around 60,000 or more) than all previous quarters combined (41,029).

Separately, the number of VIN registrations is at 99,145, ever so close to 100,000!

Production and deliveries of the Model 3 in previous quarters thus far:

  • 2017’Q3 – 260 produced, and 222 delivered
  • 2017’Q4 – 2,425 produced and 1,542 delivered
  • 2018’Q1 – 9,766 produced and 8,182 delivered
  • 2018’Q2 – 28,578 produced and 18,440 delivered
  • 2018’Q3 – already >28,980 produced

Tesla Model 3 Tracker (Source: Bloomberg)

Tesla Model 3 Tracker (Source: Bloomberg)

Source: Tesla Model 3 Tracker

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