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Volume production of Tesla Model 3 pushed back to late Q1 2018; battery module problems; record loss in Q3 2017

Green Car Congress

In its third-quarter 2017 financial results update, Tesla Motors reported that it is delaying its expected start of volume production—defined here as 5,000 Model 3 vehicles per week—to “late Q1 2018”. —Tesla Motors. In Q3, Tesla delivered its 250,000 th Tesla. Earlier post.).

2017 170
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Panasonic invests $30M in Tesla Motors

Green Car Congress

Panasonic Corporation has invested $30 million in Tesla Motors. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the electric vehicle.

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Tesla says it will build 500K cars a year by end of 2018; can it?

Green Car Reports

When Tesla Motors CEO Elon Musk said two years ago that the electric-car maker planned to be building half a million cars a year by the end of 2020, it seemed an ambitious stretch goal. That means that.

2018 60
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Tesla Model 3 targets: 100K in 2017, 400K in 2018, say skeptical suppliers

Green Car Reports

Tesla Motors' audacious goal of building half a million cars a year by the end of 2018 will require boosting its production by a factor of 10 over just two and a half years.

2018 113
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IHS: 9% of solar PV systems in North America will have attached storage in 2018

Green Car Congress

IHS forecasts that 9% of solar photovoltaic (PV) systems in North America will include attached storage in 2018. Led by commercial systems, IHS expects 700 megawatts (MW) of PV systems with energy storage will be installed by 2018, compared to just 30 MW in 2014.

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Tesla exec turnover soars as Model 3 pressure builds

Green Car Reports

Tesla says it will put its mass-priced Model 3 electric car into production by July, and ramp up production extremely quickly from there. CEO Elon Musk hopes to be building 5,000 cars each week by the end of the year; he previously set a goal of producing 500,000 cars across all model lines by the end of 2018.

Building 110
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Tesla and China: why an obvious match isn't as simple as it seems

Green Car Reports

With its ambitious plan to build 500,000 electric cars per year beginning in 2018, it would seem to make sense that Tesla Motors would make China a priority. But Tesla has struggled in China since it launched the Model S there.

China 141