The estimated Tesla global car order backlog seems to be stabilizing above 50,000 units in the past few months, down from around 100,000 in the first quarter.
stats and forecasts, the estimated global order backlog as of August 16, 2023, was roughly 54,000 units. That's the same number as on July 31. The estimated number varies between 49,000 and 60,000 since mid-June.The volume corresponds to about 18 days of manufacturing capacity, which appears to be a stable level as well.
We guess that Tesla does not want to go below 50,000 and about two weeks of production capacity, simply because it would be not optimal from the logistics perspective. To attract more orders and match increasing capacity, the company has to consider price changes or improve the products. The second half of the year will be very interesting because the plant upgrades in Q3 are expected to limit production, while the newly introduced upgraded Model 3 might spark a new wave of orders. Those things might be seen in the stats in about a month.
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