Only 220 Model 3 cars in an entire quarter? There's a big problem somewhere. That sounds like some key part of the production line doesn't work at all, and something is being hand-built to get some product out the door. Tesla isn't saying what's not working. Has anything leaked out?
When something like this this happens, the manufacturer has most of the costs of full production with the revenue of tiny production. Profitability just got further away.
As of August 2017, there have been about 63,000 cancellations of Model 3 preorders.[1]
When something like this this happens, the manufacturer has most of the costs of full production with the revenue of tiny production. Profitability just got further away.
As of August 2017, there have been about 63,000 cancellations of Model 3 preorders.[1]
[1] https://www.recode.net/2017/8/2/16087432/tesla-model-3-elect...