Missed delivery target; Elon Musk lashes out about fatal crash
On Sunday, electric vehicle manufacturer Tesla Motors shared figures related to the vehicles delivered by the company in the second quarter of 2016.
“The extreme production ramp and high-mixed of customer-ordered vehicles still on trucks and ships by the end of the quarter were the primary reasons for its lower-than-expected vehicle deliveries”, according to a news report published by Opp Trends. The company is now aiming to produce 2,400 vehicles per week in the fourth quarter, up from 2,000 per week at the end of the second quarter. In that case, Tesla had reiterated the 80 to 90 thousand deliveries for the year, which may have softened the bad news of total quarterly deliveries.
Tesla expects further ramps in production and should be manufacturing 2,220 vehicles per week in the third quarter and 2,400 vehicles per week in the fourth quarter.
The second quarter deliveries came short of the first quarter delivery numbers and it seems all the talks about an increase in production at the firm were inaccurate. That compares to only 2,615 cars in transit at the end of Q1.
The very first American death including a vehicle in self-driving mode has raised concern that how aggressively to welcome the potentially life-saving technology after a deadly crash.
The electric vehicle maker said over the weekend that it delivered 14,370 vehicles during its recently ended three-month period, which was well below analysts’ target for 17,000.
Tesla has said it plans to deliver as many as 400,000 vehicles by 2018, two years ahead of its earlier target of 2020, the bulk of them its planned $35,000 Model 3 sedan.
Tesla has plans to build 500,000 cars in 2018 and nearly one million a year by 2020.
The Palo Alto, CA-based company also defended its decision not to announce the accident publicly before a federal investigation was announced.
The 87-year-old author claimed that the company did not publically disclosed the accident, which took place on May 7, and informed after the National Highway Traffic Safety Administration (NHTSA) said to investigate the event.
Tesla CEO, Elon Musk, tweeted that the vehicle’s radar was not applicable in the case.