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Tesla plans to produce 500,000 cars annually by 2018

As revealed in today’s earnings report, Tesla’s production roadmap has been moved up by two years. Talk about ambitious:  • 2016 annual production goal: 80,000-90,000 cars (total units of the Model X and Model S)• 2018 annual production goal: 500,000 cars (total units of the Model X, Model S, and Model 3) But Musk is unfazed: … Continue reading “Tesla plans to produce 500,000 cars annually by 2018”

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As revealed in today’s earnings report, Tesla’s production roadmap has been moved up by two years. Talk about ambitious: 

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• 2016 annual production goal: 80,000-90,000 cars (total units of the Model X and Model S)
• 2018 annual production goal: 500,000 cars (total units of the Model X, Model S, and Model 3)

But Musk is unfazed: “I feel confident that we will hit the 2,000 vehicle-per-week target by the end of the [second] quarter,” he said during the earnings call.  

About the author

Pavithra Mohan is a staff writer for Fast Company.

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