Well, their Model 3 deliveries aren't due until 2017, and they have 250k of them. To date they've made about 120k Model S and they're limiting their Model X deliveries to 23k for 2016. Best guess is they've got 2016 to ramp up on Model 3 and get delivered what they need delivered on the X and S. Then they've got all of 2017 to churn out 250k cars... or however many more orders they decide to take until they're sold out.

And "sold out" is the way to go on this. Ferrari cuts production all the time because you know what? Nobody argues the price when they're lucky just to get one. Nobody really harps on quality either; scarcity is your friend when you're the manufacturer.

Especially when you have a factory that just ten years ago was turning out more cars per year than you've ever made and all you need to do is ramp it back up.

One in four Tesla shares out there is a short. That's $5.5 BILLION dollars worth of people betting that Tesla's going to fail. Shit - I've been one. Tesla is a cult stock and some of the people who hold it hold it for stupid reasons and you can occasionally make money off their stupidity. I do think Tesla makes cars worth owning, and I expect I'll own one at some point. They'll have to stop turning this:

into this

Before I will be able to give a fuck, however.