Tesla Motors Inc. delivered 14,370 vehicles in the second quarter, missing its forecast of 17,000 units because of what it called an “extreme production ramp” that saw half of the quarter’s production in the final four weeks.
The maker of electric cars and energy storage devices now expects to deliver about 50,000 cars in the second half of 2016, according to a statement Sunday. That means 79,180 Model S sedans and Model X SUVs shipped for the full year, slightly below its previous range of 80,000 to 90,000.
Even after increasing its production, the carmaker has had trouble getting its vehicles to customers fast enough to meet its targets. Tesla said that 5,150 cars are still on trucks and ships making their way to clients who ordered them. They are to be delivered in the first part of the third quarter.
Tesla is ramping up production at its Fremont, Calif., factory with an eye toward making 500,000 cars a year by 2018.