Tesla's goal by 2020 is to make 500,000 cars, an achievement matched in history only by Ford's Model-A. Their 2015 goal of 50,000 was achieved, but their goal of 80,000 in 2016 came in slightly short in the last quarter.
They have a huge production goal looming in another couple years, so 2017 is going to be a critical ramp-up. Consumer orders keep on rising.
Part of the new production ramp-up will be starting production of that new mass market car which was unveiled last year, the Model 3:
"Something approaching 400,000 people have already put down up to $1,000 dollars to reserve this car," said a Tesla VP last April. "This is great for Tesla Motors. It gives us the confidence to make the investments we need to make in order to build this car."
By the way - in case you're interested, CEO Elon Musk is listed as #21 in Forbes' list of most powerful people, #94 in billionaires (net worth $12 billion).
To brush up on Tesla Motors history during the past few years, check these posts under the Tesla label.
(cont'd tomorrow)
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