Tuesday, October 30, 2012

Tesla Produces 1000th Completed Model S Body

Published October 31, 2012

By Jeff Cobb


Tesla’s Model S was launched June 22, and a bit more than three-and-a-half months later, CEO Elon Musk announced over the weekend via Twitter that body number 1000 had been built.

“V[ery] proud of Tesla team for completing 1000th Model S body. More cars made this month than entire rest of year,” tweeted Musk on Sunday.

So the company is speeding up its production capability, as it had said it would. On Oct. 3, Musk had said during the first quarter Tesla had produced 359 complete Model S sedans, and the company was at the steepest portion of its production ramp.

“If the calendar were simply shifted a few weeks to the right,” Musk said at the time, “Tesla would have exceeded the 500 vehicle delivery target for the third quarter.”

An early projection was that Tesla would produce 5,000 units from launch through Dec. 31, but this was later trimmed back. More recently it said it would turn out 2,500-3,500 units in the fourth quarter, and 20,000 for 2013.

Musk also said Oct. 3 that by the end of November, he expects Tesla Motors to be cashflow positive.


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