Tesla Falls Short on Early Model 3 Shipment Goal

By [email protected] Electric-car maker Tesla revealed on Monday that it has missed its initial shipment goal for the new Model 3, the company’s first lower-cost, more mass-market-oriented electric vehicle.

For the third quarter of this year, Tesla said it shipped 220 Model 3 cars and produced 260 of them. In the company’s previous shareholder letter, Tesla said it was confident it could produce 1,500 Model 3 cars in the third quarter.

While Tesla has struggled to meet early production ramp-ups for all of its vehicles in the past, the Model 3 in particular has extremely aggressive manufacturing goals. CEO Elon Musk has said that

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