Tesla built just 260 Model 3s in the last quarter

The production of Tesla's Model 3 isn't going as planned. 

The company sent out a press release Monday, detailing vehicle deliveries and production for the third quarter of 2017. And in that period — from July to September — the company built just 260 Model 3 cars. 

SEE ALSO: Even Elon Musk's mom needs to wait for her Tesla Model 3

Tesla CEO Elon Musk previously said the company planned to produce 1,500 Model 3 cars in the quarter before ramping up production to approximately 20,000 per month by December. 

The company ascribed the significantly smaller number of Model 3s built to "production bottlenecks." Read more...

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