Tracking Tesla's Model 3

Why it matters: The Model 3 is vital for Tesla's future but also for the market penetration of EV technology. But the production ramp-up has unfolded more slowly than founder Elon Musk initially pledged.

• The company now hopes to be producing 5,000 per week by the end of the second quarter.

Bloomberg's methodology: Tesla does not provide real-time production figures, so Bloomberg says it is using multiple methods to obtain its estimates after gathering and analyzing the Vehicle Identification Number data.

• The Bloomberg Model 3 tracker "relies on data from official U.S. government resources, social media reports, and direct communication with Tesla owners."
• They created a tool that lets consumers report them directly.