> The Model 3 output increased exponentially, representing a fourfold increase over last quarter. This is the fastest growth of any automotive company in the modern era. If this rate of growth continues, it will exceed even that of Ford and the Model T. Way to spin all the production issues and delay of the previous quarter into a positive. They're way behind the goals they set for themselves, but instead of measurin…
The initial 2020 target was 500,000 cars (forecast made early 2016). Today, they maintain a production target for 2020 of… 1M cars. Despite the delays. They can achieve 50% of that goal and still be one of the best performing company in recent history. But you would probably insist that it's the biggest miss ever (only half the production target!).
Today, they are on track to make 120,000.
When this particular company says that their 2020 target is 1M cars, it's a totally meaningless statement.