Tesla’s last quarter Model 3 deliveries are good — however you analyse them
San Francisco — Tesla may have delivered about four times more Model 3 sedans last quarter than in the prior three months, or boosted sales by a factor of 40, depending on which analyst you ask. The broad range of estimates reflects how little the electric-vehicle (EV) maker has disclosed about the progress it’s made speeding up production of its sedan that starts at $35,000. Model 3 deliveries might have climbed to about 3,678 vehicles, the average estimate of nine analysts surveyed by Bloomberg News. Mass producing the Model 3 is crucial to CEO Elon Musk’s goal to transition Tesla from a niche player into a more mainstream vehicle maker. But the roll-out of the car has been marred by manufacturing issues at Tesla’s California assembly plant and at its battery factory near Reno, Nevada. Tesla delayed its target to produce 5,000 Model 3s per week by a quarter, and the company hasn’t said whether the 10,000-unit weekly pace it was planning for sometime this year is still possible. "P...
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