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Bloomberg Estimates Model 3 Production at Nearly 2,400 Units per Week

Bloomberg’s Model 3 production tracker, which attempts to measure the progress Tesla(NASDAQ: TSLA) is making on production ramp-up by using Vehicle Identification Numbers (VINs), has received lots of attention in the media. Though it’s not perfect, it’s a good tool for keeping an eye on the trajectory of the electric-car maker’s Model 3 production, as Tesla aims to go from producing 1,000 vehicles per week at the end of the fourth quarter to 5,000 vehicles per week in about three months.

Recently, Bloomberg’s Model 3 tracker highlighted a huge jump in production, making the vehicle the best-selling electric vehicle in the United States during the first quarter, even outselling Toyota’s popular hybrid, the Prius Prime. And the story got even more interesting this week, when Bloomberg’s tracker estimated Tesla’s Model 3 production rate at just under 2,400 units per week — an impressive volume considering Bloomberg’s model may lag Tesla’s actual Model 3 production.



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