Initially, the car firm suggested that it could build 5,000 Model 3s by Q4 in 2017.
The Model 3 body line slowed down to 1/10th speed
“This is why we were not able to deliver many of these cars during the holiday season, just before the quarter ended.
“Model 3 deliveries to non-employee customers are now accelerating rapidly, and we’re confident our customers will love them.”
The company also thanked everyone at Tesla “ who has poured their heart and soul into helping with the Model 3 ramp” leading to this progress in production.
Despite the underwhelming Model 3 production in 2017, Models S and Model X sales increased, contributing to its best ever quarterly sales.
Over 100,000 vehicles were delivered by Tesla in 2017 and the company achieved record deliveries of 29,870 vehicles in Q4.
In this quarter 15,200 Model S vehicles and 13,120 Model X vehicles were made and sold and 1,550 Model 3 units.
This was an 27 per cent increase over Q4 2016, and a 9 per cent increase over Q3 2017.
“In total, we exceeded our previously announced guidance by delivering 101,312 Model S and X vehicles in 2017. This was a 33 per cent increase over 2016.”