Tesla Model 3 production is significantly accelerating based on new VINs
It remains difficult to determine Tesla's current Model 3 production rate. This data is highly important at many different levels to reservation holders and the industry in general as the biggest electric vehicle production program in the world.
From article, (It remains difficult to determine Tesla’s current Model 3 production rate. This data is highly important at many different levels to reservation holders and the industry in general as the biggest electric vehicle production program in the world.
Analysts are not optimistic about the company reaching its goal, but the automaker has been increasingly registering new VINs for Model 3 lately – indicating that the production could be nearing 2,000 units per week.
As we previously discussed on several occasions, looking at the total of vehicle identification numbers (VINs) is not a great way to track a production ramp-up at Tesla because previous production programs showed that the automaker skips numbers.
Therefore, the fact that Tesla has registered Model 3 VINs over #15,000 doesn’t mean that the company has produced nearly as many vehicles.
But if the rate at which Tesla is registering new Model 3 VINs is accelerating, that’s a pretty good indication that production is also increasing.
After the company started taking orders from non-Tesla owners last month, new VINs were rare, but it picked up in March with Tesla registering about 1,000 new VINs per week and today it registered over 2,000 more VINs.
4,500 new Model 3 VINs registered by Tesla in the first 3 weeks of March.
The company has been targeting a production rate of 2,500 Model 3 vehicles per week by the end of March and while it doesn’t seem to be there yet, it’s getting a lot closer to 2,000 units per week.)
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