[Video] Tesla presents the Model 3, complete with production process and delayed deliveries image

Reports have been swarming in the press about Tesla’s inability to make the Model 3 as fast as it wants, but now – after the Q3 earnings report – there’s official word from the company on the matter.

And there aren’t any good news for the hundreds of thousands of reservation holders – with the company sending them emails with a note about postponements of deliveries. “While we continue to make significant progress each week in fixing Model 3 bottlenecks, the nature of manufacturing challenges during a ramp such as this makes it difficult to predict exactly how long it will take for all bottlenecks to be cleared or when new ones will appear. Based on what we know now, we currently expect to achieve a production rate of 5,000 Model 3 vehicles per week by late Q1 2018, recognizing that our production growth rate is like a stepped exponential, so there can be large forward jumps from one week to the next. We will provide an update when we announce Q4 production and delivery numbers in the first few days of January,” reads the release from the earnings report.

Meanwhile, frustrated future owners can watch the Model 3 coming to life courtesy of a new video from the automaker with the “general assembly” process of the electric sedan. It’s interesting to note the fully automated install of the Model 3 dash install – it’s an entire unit coming together completely without manual assistance. They also launched a new set piece on the Model 3, providing another look at the car that’s regarded by many as the oen that will kickstart the electric revolution into high gear.