Tesla reported Monday that it produced 260 of its new Model 3 electric cars in the third quarter, of which it has delivered 220, dramatically missing CEO Elon Musk’s prediction that it would produce more than 1,600 cars by September.
In July, Musk tweeted a production update for the Model 3 vehicles, saying the car had passed all regulatory requirements ahead of schedule. After announcing that the first 30 customers would receive the Model 3s on July 28, Musk wrote “production grows exponentially, so Aug should be 100 cars and Sept above 1,500.”