AI illustration: Model 3 5000/week by end of Q2 2018
Delivered

Model 3 5000/week by end of Q2 2018

“As for Model 3 production, we continue to make significant progress every day, and we're targeting a weekly production rate of 2,500 vehicles by the end of March and 5,000 by the end of Q2.”
What actually happened

Tesla produced 5,031 Model 3s in the last week of June 2018, reaching the 5,000-per-week rate by the end of Q2 2018 as Musk had targeted on the February 2018 earnings call. The milestone was hit right at the quarter-end deadline. CNBC / Green Car Reports ↗

The Progression

Feb 7, 2018
The promise: “As for Model 3 production, we continue to make significant progress every day, and we're targeting a weekly production rate of 2,500 vehicles by the end of March and 5,000 by the end of Q2.” · Tesla Q4 2017 earnings call transcript (Seeking Alpha, archived at archive.org), Feb 7 2018 — Musk's opening remarks ↗
Jun 30, 2018
Delivered — on time. Tesla produced 5,031 Model 3s in the last week of June 2018, reaching the 5,000-per-week rate by the end of Q2 2018 as Musk had targeted on the February 2018 earnings call. The milestone was hit right at the quarter-end deadline. CNBC / Green Car Reports ↗
Today · Jun 18, 2026
Status: Delivered · on time. It happened.

Model 3 5000/week by end of Q2 2018 was unveiled in April 2018 with the burst-build target rate set at 6000 units per week in June to account for margin of error across production and supply chains. Thousands of Tesla employees, suppliers, and customers are affected and waiting for this ramp-up to impact delivery timelines and company profitability. This follows Tesla's pattern of ambitious production predictions, such as doubling weekly rates year-over-year amid quality improvements. The quote 'The burst-build target rate is 6000 and not 5000 per week in June.' underscores the need for a safety buffer in complex global logistics to ensure steady Model 3 output.

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