How Many Model 3 Cars Will Tesla Inc Deliver in Q4?
Even though Tesla (NASDAQ: TSLA) delivered only 222 Model 3 units during its third quarter, a sum that represents just a fraction of its total 25,915 vehicles delivered during the quarter, the importance of the new vehicle to Tesla's business -- and its stock -- couldn't be overstated. Tesla hopes Model 3 will help its vehicle production climb from an annual run-rate of about 100,000 units to about 500,000 units.
Of course, Tesla will have to make it through "production hell" first. As Tesla has repeatedly emphasized, the production curve of the Model 3 is exponential, making deliveries difficult to forecast. But here's what we know.
Model 3. Image source: Tesla.
Source: Fool.com
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