Tesla Shoots Down Leaked Model Y Production Schedule
The documents said it planned to produce 7,000 Model SUVs a week at its Gigafactory 1.
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Tesla CEO Elon Musk has its notorious Model 3 almost bled the company dry. So it’s no wonder everyone is interested in whether it’s learned from past mistakes ahead of the launch of its new EV, the . The latest news suggests that as recently as October, Tesla was pursuing an aggressive production schedule for the crossover SUV.
Citing internal documents sent to staff before Tesla’s last earnings call, reports the company planned to produce 7,000 Model SUVs a week at its Gigafactory 1 in Nevada by December 20th, 2020. In addition, it was eyeing 5,000 Model Ys a week at its by February 2021. The leaked documents also reiterate that the car will be based on the Model 3 platform. And, more interestingly, they reveal it will have a third row of seats in the back thanks to its higher frame.
Related: Police Catch Tesla Autopilot Driving Home Sleeping Drunk
Tesla also initially promised 5,000 Model 3 cars per week by the end of 2017 — a goal it didn’t achieve until July of this year. Those lofty projections, on top of additional public statements on production and Musk’s statements on , led to the SEC issuing a to the EV-maker in November. The previous month, the Wall Street Journal reported that the was also probing whether Tesla “misstated” its production capabilities and misled investors back in 2017.
In a statement, Tesla said that the “timelines and information shared here are outdated,” but it didn’t dispute their validity. We know from Musk that Tesla is eyeing a Model Y production toward the end of 2020, with plans to unveil the EV in March, 2019. The company’s in Shanghai previously showed that it sought to make two different cars at the planned Gigafactory there: one likely being the Model 3, meaning the other could be the Model Y.
Tesla CEO Elon Musk has its notorious Model 3 almost bled the company dry. So it’s no wonder everyone is interested in whether it’s learned from past mistakes ahead of the launch of its new EV, the . The latest news suggests that as recently as October, Tesla was pursuing an aggressive production schedule for the crossover SUV.
Citing internal documents sent to staff before Tesla’s last earnings call, reports the company planned to produce 7,000 Model SUVs a week at its Gigafactory 1 in Nevada by December 20th, 2020. In addition, it was eyeing 5,000 Model Ys a week at its by February 2021. The leaked documents also reiterate that the car will be based on the Model 3 platform. And, more interestingly, they reveal it will have a third row of seats in the back thanks to its higher frame.
Related: Police Catch Tesla Autopilot Driving Home Sleeping Drunk