Tesla’s deliveries under expectations in Q2 image

Tesla said its delivery targets ended up below its expectations in the second quarter because of “extreme production ramp.”

The electric car maker built 18,345 vehicles in the second quarter of this year, 20 percent more than in the first one, ending the period with an output rate of just under 2,000 units per week. Tesla said that “due to the steep production ramp”, almost half of the quarter’s production happened in the final four weeks. However, because of the fact that most of the orders were still on trucks and ships, the company managed to deliver just 14,370 vehicles, below the initial forecast of 17,000 units. From the total, 9,745 were Model S sedans and 4,625 were Model X SUVs.

Overall, it said that 5,150 electric cars are still in transit on their way to customers, expecting to reach their destination in the first part of the third quarter. Tesla now aims to produce and deliver about 50,000 vehicles during the second half of 2016, meaning that it will close the year just under its 80,000-90,000 projections.

As is prepares to bring into production the affordable 35,000-dollar Model 3 that will push its annual production pace up 500,000 units per year by 2018, Tesla is now slowly building up some speed and it plans to reach an output rate of 2,200 vehicles per week in the third quarter and 2,400 units per week in the last one.