but tesla's production rate is increasing. the end of q2 saw rates of over 2k cars/week, which would be on target for >100k/year, over twice 2015's rate.

Which is still not the 500000 cars/year they need.

What the? I don't think they ever guided to that number for 2016. That's ridiculous. They're right where they should be and on target.

I believe he's referring to the large number of Model 3 preorders, which Tesla probably wants to fulfill in reasonable time.