TSLA's projected Model 3 production timeline
looks to be slipping from exceedingly unlikely, to impossible
http://www.autoblog.com/2017/03/03/tesl ... to00000015
Tesla may not have a Model 3 beta test car on the road yet
With deliveries slated to begin in mid-2017, there was no tester at the end of 2016.
A few hundred-thousand folks who have been waiting impatiently for their preordered Tesla Model 3 might see this as a bad sign: Tesla, in a stock filing with the feds, reported that at year-end 2016, it had not put a Model 3 beta test car on the road.
That was as of two-plus months ago, of course. There may well be a prototype running around out there at this very moment, built from - and being used to test - factory production parts. In early February, the company said it would begin pilot production of a few Model 3s on Feb. 20, and presumably a beta car or cars would be chosen from that run. But keep in mind the company reiterated late last month that it intends to begin producing Model 3s in July - and that's right around the corner.
The beta-car mention in the annual filing with the Security and Exchange Commission is the second cautionary sign this week, after a Goldman Sachs analyst said the company is unlikely to meet its summer production goal and he downgraded the automaker's stock to "sell."
The California-based electric-vehicle maker reiterated in its investors note last week that Model 3 vehicles would start rolling off the production line as soon as July. Tesla said it would be producing 5,000 Model 3 vehicles a week by the end of the year and will double that pace to an annualized rate of more than a half-million Model 3 vehicles by the end of 2018...
And it's not just production workers who seem to be stressed by Musk's demands that they do the impossible:
https://www.bloomberg.com/news/articles ... -the-limit
At Tesla, Departures Mount at a Critical Time
Tesla Inc. is losing key personnel as it races to bring the Model 3 -- its most critical electric sedan yet -- to market later this year.
Chief Financial Officer Jason Wheeler’s impending departure, announced just 15 months after he joined Tesla from Google, will be the latest in a raft of largely under-the-radar exits. Former executives, who spoke on the condition they not be identified, cited a range of reasons for their exits over the past year, including long hours in the rush to high-volume production, mission creep, and a tense culture that reflects their visionary but indefatigable chief executive officer, Elon Musk.
“Tesla looks like a company that is getting stretched to the limit,” said Dave Sullivan, an analyst at industry researcher AutoPacific Inc. “The pressure of getting out the Model 3 is getting to everybody, from the people on the factory floor to the people at the top.”...