Tesla model 3 production schedule

But the tsunami is coming. More Videos Demand for electric cars has grown slowly. Elon Musk says Tesla price hikes are due to supply chain issues.

Tesla just reported first-quarter vehicle production and delivery numbers for In total, it delivered , vehicles and produced , cars. Analysts were expecting Tesla to deliver around , vehicles during this period, according to estimates compiled by FactSet as of April 1. Estimates ranged from , to , deliveries. The Q1 deliveries beat Tesla's previous record of , deliveries in Q4 In a statement, Tesla wrote that with "new equipment installed and tested in Q1" the company is now "in the early stages of ramping production" for updated versions of the S and X. The Model S plaid is a luxury sedan that the company promises will go from 0 to 60 miles per hour in less than 2 seconds, and that can seat up to seven people with third-row seats.

Tesla hasn't given a reason, but it sure seems like the semiconductor chip shortage has finally hit the automaker. Potential Tesla customers looking to order a new EV met a bummer of a message on both the Model 3 and Model Y 's order pages on Monday. The delivery timelines for the electric cars now extend for months, up from the two-to-five week timelines the site showed previously. Tesla has updated the Model 3 delivery timeframe to now read " weeks. It's not clear why Tesla updated the delivery timeframes.

Tesla delivered , vehicles in the second quarter of , the company reported. The quarter's deliveries fell slightly short of expectations. Analysts were projecting Tesla to deliver around , cars during this period, according to estimates compiled by FactSet-owned StreetAccount as of July 2. Estimates ranged from , to , deliveries. Tesla shares were up about 1.