Can Tesla Finally Deliver on the Model 3?

Tesla's next Model 3 deadline is fast approaching. But the company's track record is anything but stellar. Here are 3 times Tesla has failed to deliver on its production goals.
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At Tesla's (TSLA) - Get Report last shareholders meeting on June 5, 2018, CEO Elon Musk once again made big promises. "It's quite likely that we will achieve a 5,000 car week by the end of this month," Musk said.

Now, the deadline is coming up and analysts are skeptical that he can deliver. Tesla has a history of over-promising and under-delivering, and Musk's latest promise may just add to the company's poor record.

Here are a few more outlandish promises that the controversial CEO has failed to keep in the past few years:

  • In 2013, Musk said that 98% of the United States would be covered by supercharger stations within two years. There are currently 1280 Superchargers in America, according to Tesla's website. For comparison's sake, that's only 1% of the total gas stations in the country.
  • Tesla's website once said solar roof installations would begin in June 2017, but that has yet to happen. The website now offers a vague target date, sometime in 2018.
  • In July 2017, Musk said Tesla would reach their goal of 5,000 cars a week. That didn't happen either.

The next deadline for Tesla's Model 3 is fast approaching.

Can they finally deliver? 

This article was written by a staff member of TheStreet.