For a company of Tesla’s stature and scale, it appears that things have to get worse before they get better. The automaker has had to climb a really steep learning curve in order to produce vehicles reliably and deliver orders on time, plus it took a long time before the company saw positive cash flow.
With problems related to the build quality of the Model S and Model X reducing drastically, Tesla has shown that it’s quick learner. And the Model 3 is its best chance to prove that it actually is worth its lofty ambitions.
The Palo Alto car maker has assured investors that significant progress has been made in its pursuit of tackling the massive demand of the $35,000 Model 3 by announcing that battery production has begun at its Gigafactory in Nevada.
Besides that, the company has reiterated that production of the Model 3 itself is going to begin in July before hitting full throttle in September. If Tesla can reach that point without any delays, it may just be able to start fulfilling orders en masse before the end of the year.