Tesla Delivered Over 76,000 Vehicles In 2016, Falling Slightly Short of Goal (theverge.com)
Tesla delivered 76,230 electric vehicles in 2016, falling just shy of its goal of delivering 80,000 cars for the year. The electric carmaker claimed that "short-term production challenges" starting at the end of October were to blame for the shipment of fewer vehicles than anticipated. The Verge reports: Tesla said the transition to new Autopilot hardware resulted in the company's vehicle production being "weighted more heavily towards the end of the quarter than we had originally planned." In total, about 2,750 Tesla vehicles missed being counted as deliveries in the fourth quarter of 2016, which the company ascribes to "last-minute delays in transport or because the customer was unable to physically take delivery." Tesla said that even though those sales were counted toward 2016, the deliveries were not because the customers did not physically take possession of their cars. Tesla says about 6,450 vehicles are still in transit, and that their deliveries will be counted toward the first quarter of 2017. While it fell short on delivery, Tesla was able to beat its production rate for 2015. Tesla said it produced 24,882 vehicles in the fourth quarter of 2016, resulting in a total of 83,922 vehicles produced in 2016. This was an increase of 64 percent from 2015. Vehicle demand in Q4 was particularly strong, Tesla says. Net orders for Model S and X, which were an all-time record, were 52 percent higher than Q4 2015 and 24 percent higher than the company's previous record quarter in Q3 2016. "We were ultimately able to recover and hit our production goal, but the delay in production resulted in challenges that impacted quarterly deliveries, including, among other things, cars missing shipping cutoffs for Europe and Asia," the company says. "Although we tried to recover these deliveries and expedite others by the end of the quarter, time ran out before we could deliver all customer cars."
3 years ago they predicted 100,000 in 2016
http://insideevs.com/tesla-pro...
In January of 2016 they were projecting over 3,200
http://www.fool.com/investing/...
The 100k prediction for 2016 was by a Forbes contributor, not Musk or Tesla.
http://www.forbes.com/sites/ch...
Pain is merely failure leaving the body
Are they yet making a profit on each sold?
Very likely but how much is uncertain and their infrastructure spending on growth means they'll bleed quite a bit of red ink for a few years yet.
But they do need to get that under control, especially by improving the build quality and making cars that are easier to assemble & repair.
Pain is merely failure leaving the body
Maybe you should pull that $1000 and go buy a Chevrolet Bolt. Its available now, has the same range and.... all the panel gaps & trim will line-up.
That's exactly the strategy:
"The strategy of Tesla is to enter at the high end of the market, where customers are prepared to pay a premium, and then drive down market as fast as possible to higher unit volume and lower prices with each successive model.
https://www.tesla.com/nl_NL/blog/secret-tesla-motors-master-plan-just-between-you-and-me
If it acquires resources on instantiation like a duck, then its a shared_ptr<Duck>
There are hundreds of thousands of cars selling in that segment (high-end Porsches, Mercedes Benz, BMW, etc.). I can only think of one that seats 5 comfortably and does 0-60 in 2.5s...and that's why Tesla is cleaning up in that segment.
Different people care about different things, and everyone can spend their money on whatever they want. The only ROI that matters for personal purchases is whether the buyer thinks they got their money's worth.
For example, do you believe you got your money's worth on that "degree" from University of Phoenix? Then good for you.
I am not a hater of EV technology but if your going to really make a dent you can't cater to the 1%. The people who could really benefit from EV technology are not the 1% it's the rest of us. Is Tesla trying to serve everyone? Or just a few? When Henry Ford made history he was making a vehicle for the masses.
The Ford Motor Company was founded in 1903. The first mass market car was the Model T in 1908. Before T there was A, S and K that was their "Roadster", "Model S" and "Model X". It's just that hardly anyone remembers, because T became the famous one. If the giga-factory and "Model 3" pays off and sells millions, it'll be straight out of the same playbook.
Live today, because you never know what tomorrow brings