Drive Wire: Tesla Ramps Up Production Drastically By 2018

byThe Drive Staff| PUBLISHED May 6, 2016 5:14 PM

Big news out of Tesla today as the company plans to increase productions across all their vehicle lines. And not just by a little – the company says production will go from an estimated 80,000 this year to 500,000 by 2018. Tesla CEO Elon Musk also added that, by the end of 2020, tesla could be producing one million vehicles a year. Bold claims, bro. More production is certainly necessary – the company is sitting on orders for 400,000 Model X’s alone, and has built fewer than 2700, reportedly due to the complexity of the crossover. Add to that the 100,000 plus model threes Tesla wants to build by the end of this year and it’s an ambitious goal. Elon Musk has reportedly moved his famously portable desk to the end of the production line, along with a sleeping bag, which he’ll need - but with this goal, we’ll see if he ever gets to use it.