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Shocker: An electric car company actually meets production goals (and yes, it’s Tesla)

In contrast to the bulk of the electric car companies and vendors out there, Tesla actually reaches its planned production run rate of its Model S electric car. This is its path to profitability and mainstream auto status.

Once again electric car pioneer Tesla Motors is the lone firm out of its electric car peers that says it’s going to do something, and then actually (usually) does it. According to Automotive News, Tesla has now reached its goal of producing 400 Model S electric cars per week, or around 20,000 cars per year.

This rate of production has been Tesla’s goal for months — if not years — and it’s a big step on the company’s path to profitability this year. Back in November, during its latest quarterly earnings, Tesla said it was on track to reach this milestone after having to scale back its original production goals a couple months earlier in September. It also means that all those customers on the waiting list to get their Model S cars — there were 13,200 as of the third quarter — will get their cars sooner, rather than later.

Tesla Model S

However, as I’ve written before, Tesla seems to be the exception rather than the rule in the struggling world of independent electric car makers and batteries made for electric cars. Electric car infrastructure maker Better Place shuffled out its second CEO in as many months last week, and laid off a big chunk of staff in the face of very slow adoption of its electric car service in Israel.

Electric car startup Fisker hasn’t made any of its hybrid electric Karma cars in months, and is looking for a Chinese partner, investor or acquirer with deep pockets to offer it a lifeline. Fisker’s original production goal at the beginning of its life was 5,000 Karmas in 2011, and it’s made around 1,900. A123 Systems, which has been making batteries for Fisker’s Karma, went bankrupt last year and then was bought by Chinese auto tech giant Wanxiang.

For the auto giants like GM and Nissan, which have been making their own mainstream electric cars, production isn’t a problem. It’s just that sales are a little slow. GM sold a total of 23,461 Volts in 2012, up from the 7,671 sold in 2011, and Nissan sold 9,819 Leafs in 2012, according to AutoblogGreen. GM originally wanted to sell 45,000 Volts in 2012.


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