More than 110,000 people are apparently driving in a Tesla Model 3.

Bloomberg’s Tesla Model 3 Tracker indicates that production of the Tesla Model 3 exceeds 110,000 and today stands at 111,968 since August 2017.

Despite the progress, the estimation tool still shows that the average production rate is below 5,000 a week, currently at 4,579. Of course, it's not necessarily the true production rate, but it gives us a glimpse at how difficult it is to expand beyond 5,000.

In total, some 177,554 VINs were registered, which is 65,576 above the Tesla Model 3 Tracker production or 13 weeks of 5,000/week worth of production.

Production and deliveries of 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 18,449 delivered
  • 2018’Q3 – 53,239 produced and 56,065 delivered
  • 2018’Q4 – already >17,700 produced (estimated)

Tesla Model 3 Tracker (Source: Bloomberg)

Tesla Model 3 Tracker (Source: Bloomberg)

Source: Tesla Model 3 Tracker