A lot more Bolts than Model 3s are on the
Tesla is dealing with Model 3 production bottlenecks,
which look to be at the carmaker’s battery factory in
The company has sold 220 Model 3s through the third
GM has sold over 14,000 Chevy Bolts and could end the
year with almost 30,000 in total sales.
When it comes to long-range electric cars, there are two big
games in town right now: the Tesla Model 3 and the Chevy Bolt.
Both are priced under $40,000 for the base model, and both can
cover over 200 miles on a single battery charge.
But that’s where the similarities end. The Model 3 is a sleek,
bady machine, while the Bolt is a utilitarian hatchback. But
General Motors has also sold over 14,000, while as of the
end of the third
quarter, Tesla has sold 220.
Tesla blamed its woes on production “bottlenecks,” which might be
located at the company’s giant battery
Gigafactory in Nevada, somewhere in the supply chain, or at
the plant in Fremont, CA.
The CEO of Panasonic said that slow-to-automate battery pack production
the Gigafactory is the culprit, and that once those problems
are resolved, Model 3s will start rolling in much greater
GM, meanwhile, has endured no bottlenecks with the Bolt, which is
badembled at the company’s plant in Orion Township, MI.
And it’s a good thing GM hasn’t, as Bolt sales have increased
steadily since the vehicle was launched in limited markets last
year (it’s now available nationwide). If the trend
continues, GM could sell more Bolts in the last three months of
2017 than it did in first nine.
But the Model 3 looks much
Chevrolet; Tesla; Business
Insider/ Yu Han
It somewhat goes without saying that everyone knew this was going
to happen. GM has been building cars for over a century, and
Tesla has existed for just 14 years. However, auto production
isn’t exactly a poorly understood industrial process that takes
decades to learn.
Tesla is weak on this score, and unless those production
bottlenecks are cleared up, the Bolt’s underdog status could
start to change. If you want a Model 3, it’s all but impossible
to get one, even if you’ve placed a $1,000 deposit. But if you
want a Bolt, you can head down to the local Chevy dealer and see
what’s on the lot.
Not for nothing, Chevy is also about to complete its first full
year of Bolt production, with all the learning that comes from
actually badembling vehicles and putting them on the road. Tesla
still has the process ahead of it with the Model 3.