Tesla to Speed Up Model 3 Production

The transcript discusses Tesla's ambitious production goals for its Model 3 electric car, highlighting the company's aim to produce more electric vehicles in 2018 than all automakers combined in 2016. Despite high demand, there are concerns about Tesla's ability to meet these targets, leading to market capitalization fluctuations. Analysts question the feasibility of such rapid production increases, while competitors like Volvo and Volkswagen are also entering the electric vehicle market. Bloomberg Intelligence believes Tesla can surpass GM as the leading electric vehicle maker by 2021, but the company must prove it can produce quality vehicles at scale.

What is the significance of the half a billion dollars in deposits for Tesla's Model 3?

• It suggests that Tesla is struggling financially.

• It shows a strong demand with 500,000 people placing deposits.

• It means Tesla has already delivered 500,000 cars.

• It indicates a lack of interest in the Model 3.

What is one of the main challenges Tesla faces in achieving its production goals?

• Lack of demand for electric vehicles.

• Analysts' skepticism about the feasibility of rapid production increases.

• Insufficient funding for production expansion.

• Limited availability of raw materials.

How does Bloomberg Intelligence view Tesla's potential in the electric vehicle market?

• They expect Tesla to focus on hybrid vehicles instead.

• They predict Tesla will exit the electric vehicle market by 2021.

• They believe Tesla will struggle to compete with traditional automakers.

• They think Tesla can lead the demand surge for electric vehicles.

Which automaker is currently the largest producer of electric vehicles, according to the transcript?

• Tesla

• Volkswagen

• Volvo

• GM

What is a key factor Tesla needs to demonstrate to succeed in the mass market?

• Ability to produce vehicles quickly without compromising quality.

• Focus on luxury vehicles only.

• Reduction in vehicle prices.

• Expansion into non-automotive sectors.