Tesla Motors (NASDAQ: TSLA) is set to announce financial results for the second quarter of the fiscal year 2016. As ever, the focus will be on the company’s production rate and the lag between deliveries and production. In the previous quarter, the company produced around 15,500 vehicles, a 10% increase over the fourth quarter of fiscal 2015. Averaged over a 13 week period, that implied a production rate of around 1,200 vehicles per week. Taking into account holidays and weekends, the production rate was probably slightly higher. In this quarter, the company said that it produced 18,345 vehicles, implying a weekly production rate of just over 1,400 vehicles per week. However, the company stated that the production rate was “just under 2,000 vehicles per week”. This discrepancy is hard to reconcile but apparently refelcts a steep ramp at the end of the quarter.
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