Production Tesla Model 3 will be more efficient and will increase to 10,000 per week by the end of 2019

In a published report Tesla for the 4th quarter of 2018, there were several interesting moments associated with Model 3. Among the most important that the company is targeting performance in 10 000 vehicles per week by year-end, the number of working hours for the production of electric car by 20% in the last quarter, and that the production models for the Chinese market will begin this year.

Overall, a pretty predictable targets, which together should lead to the achievement of the main — reducing the price of Model 3 to a more reasonable $35 000.

Tesla Model 3

Tesla reports that each part of the production process Model 3 in Fremont has demonstrated the ability to reach production of 7,000 cars per week within 24 hours. They rely on the sustainable production of 7,000 cars per week by year-end, accounting for 350 000 electric vehicles per year.

But this is only from the factory in Fremont. Tesla also announced plans to begin production of Model 3 at the factory in Shanghai, construction of which began earlier this month. By year-end the company want to manufacture Model 3 in China started with 3000 units per week, bringing the total number in the world will reach 10 000 a week, or on an annual basis, 500,000 electric cars per year.

It is believed in the company and increase the rate of production will allow the company to earn additional resources, the reduction of man-hours on the production of electric vehicles will allow you to keep profitable for the company margin profitability, even at lower prices for electric cars, as happened at the beginning of 2019. The construction of the Gigafactory 3 in China, according to preliminary estimates, will cost twice cheaper than similar factories in the United States, and if the Chinese pipeline will be launched in 2019, it is quite possible that the price of Model 3 will go down while maintaining (or even increasing) the usual mark-up on the model.

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