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Can Tesla, Inc. Hit Its Model 3 Production Target?

In its fourth-quarter shareholder letter, Tesla said it was on track to hit a production rate for Model 3 of 2,500 units per week by the end of the first quarter. "Our Model 3 production plan includes periods of planned downtime in both Fremont and Gigafactory 1," Tesla said in a statement to Bloomberg over the weekend. So far, Tesla has made a habit of missing its important Model 3 production targets. In order for Tesla to hit its Model 3 production targets, production needs to be growing exponentially at this point.

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