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Home / Business / Tesla Model 3 orders for all buyers from the USA, Canada; Production still short of goals

Tesla Model 3 orders for all buyers from the USA, Canada; Production still short of goals



  Tesla all-wheel-drive model 3 rolls off a new assembly line in a temporary structure

Tesla all-wheel drive model 3 rolls off a new assembly line in a temporary structure

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Tesla Model 3 Reservation owner who patiently waits have until their turn to order their cars have only one chance to get in line.

The Company Invited All Reservation Owners in the United States and Canada to Place Orders Bloomberg Report

To place their orders, reservation holders must make an additional deposit of $ 2,500 from the Company deposit, just like previous reservation holders, after they were authorized to configure their vehicles.

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The move has two financial benefits for Tesla. First, it could give the company an influx of cash when it is needed urgently.

The recent reports estimate that Tesla still has over 400,000 reservation holders, each of whom can already boast $ 1

,000 for his place in the queue.

Tesla had opened orders in waves, according to the place of the buyer. Now it has opened to order the bulk of these buyers. If even a fraction of those buyers place orders and make an additional $ 2,500 deposit, these deposits could amount to millions for the company, which still lost $ 700 million a quarter after the company's most recent balance sheet, at $ 3.2 Billions of cash

  Tesla Model 3 Configurator order 6/18 dual engine, power options [Image via Teslarati]

Tesla Model 3 Configurator order 6/18 dual engine, power options [Image via Teslarati]

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The second big advantage for Tesla is that Businesses can now predict revenue from upcoming sales more accurately because they know how many customers want fully loaded cars and how many more base models they want. After buyers have finished configuring their cars, both the buyer and Tesla know the exact price.

CEO Elon Musk has pulled out all the stops to earn additional revenue by first opening orders for more expensive versions of the Model 3, including Performance, and all-wheel drive models, which can sell for up to $ 80,000.

Buyers waiting to order entry model 3s will still have to wait. You can now access the Tesla Model 3 Configurator, but features like the larger battery or premium interior can not be deselected. Together, these three options yield a profit of $ 6,500.

Musk has said that it is critical for the company to achieve the production of 5,000 Model 3 a week to overcome the company's financial losses before it runs out of money for the Model 3 built a second assembly line, who called Musk a "tent" outside the factory to reach those levels.

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A Reuters report quoted Tesla staff on Thursday that the firm has not yet reached 5,000 models 3s a week and the outdoor assembly line called a "provisional area". Many of the cars manufactured there would have to be revised, said one employee.

The biggest bottleneck, according to the employees, seems to be the paint shop. "Paint just can not handle the load because they have the Model S and X that they normally do, and now they all have this Model 3," said a Reuters worker. "The paint department just can not keep up." According to Reuters

two fires were reported in the paint department of the factory last month, resulting in two 12-hour shifts seven days a week to build Model 3. The number varies depending on the shift Production problems, according to the employees. Some shifts in the past week produced only 201 model 3, while others reached up to 305. That would indicate a range of 2,900 to 4,270 cars per week. Production figures are on screens at the factory for workers, according to a statement Tesla published last week.

Musk has repeatedly said that he expects the company to reach the target of 5,000 Model 3 per week by the end of 2003 June, which is Saturday.


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