Tesla, TSLA, company, information, production Tesla Manufacturing Production Rises, Finally Tesla Manufacturing Production Rises, Finally Date Published: 2018-04-06 Author: Ophir Gottlieb Disclaimer The results here are provided for general informational purposes, as a convenience to the readers. The materials are not a substitute for obtaining professional advice from a qualified person, firm or corporation. PREFACE Contrary to many, Tesla Inc (NASDAQ:TSLA) has not seen a rise in vehicle production for a long time -- in fact it has even shown negative growth. But in the latest production numbers, a breakthrough has finally been hit. STORY The focus has been on the Model 3, and for good reason. Not only is it Tesla's attempt at a mass market vehicle, it is the only area of growth for the company, when it comes to overall vehicle sales. And, last quarter, it succeeded in creating a new trend. Here is a chart from Statista. As Statista put it: Most notably, Tesla produced nearly 10,000 Model 3s in Q1 and reached a production rate of 2,000 Model 3 and 2,000 Model S/X vehicles per week by the end of March, putting the company on track to build up to 50,000 vehicles in the second quarter. Whether Tesla can meets its lofty goals, after missing them four quarters in a row, we will have to wait and see -- but for now, there is, finally, a trend -- and it's up. Historically, there has been a trade that has profited from the release of these production numbers, whether they were good or bad. For option traders, this is a good read: Tesla Rallies After This Event -- And it is Again SEEING THE FUTURE It's understanding technology that gets us an edge. This is what CML Pro does. The precious few thematic top picks for 2018, research dossiers, and alerts are available for a limited time at a 80% discount for $29/mo. Join Us: Discover the undiscovered companies that will power technology's future. Thanks for reading, friends. Legal The information contained on this site is provided for general informational purposes, as a convenience to the readers. The materials are not a substitute for obtaining professional advice from a qualified person, firm or corporation. Consult the appropriate professional advisor for more complete and current information. Capital Market Laboratories ("The Company") does not engage in rendering any legal or professional services by placing these general informational materials on this website. The Company specifically disclaims any liability, whether based in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with access to or use of the site, even if we have been advised of the possibility of such damages, including liability in connection with mistakes or omissions in, or delays in transmission of, information to or from the user, interruptions in telecommunications connections to the site or viruses. The Company make no representations or warranties about the accuracy or completeness of the information contained on this website. Any links provided to other server sites are offered as a matter of convenience and in no way are meant to imply that The Company endorses, sponsors, promotes or is affiliated with the owners of or participants in those sites, or endorse any information contained on those sites, unless expressly stated.