Tesla has heard the concerns over its plans to produce 500,000 cars annually by 2020, so in today’s quarterly earnings call, the automaker revealed that it’s moving its production forecasts two years earlier to 2018. If we were sitting at the proverbial poker table, Tesla just went all in.
Tesla once had a dream of being net-profitable by 2016. Well throw that nonsense out the window, because they now have over 400,000 Model 3 reservations to make good on by the end of the decade
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