“Barring unexpected challenges with Gigafactory Shanghai, we are targeting annualized Model 3 output in excess of 500,000 units sometime between Q4 of 2019 and Q2 of 2020.”
Musk later tweeted he thought it would come in at the earlier Q4 side of the guidance.
500k annualized is 9,600/wk. They past 7k/wk with Fremont and want to be at 3k/wk in GF3 by the end of the year.
I think they will guide a range of 600-750k units in 2020. It depends how quickly they can get GF3 up to 5k/wk and how much additional capacity they will bring on for Model Y in Summer 2020.
Musk got in trouble for tweeting that he’d hit 500,000 this year.