The Tesla bears have all sorts of reasons to cry today.

Not only did Tesla manage to produce four times the number of revolutionary Model 3 vehicles it made during the fourth quarter of 2017, it also hit multiple additional milestones even as CEO Elon Musk derided unfounded rumors that the company was in need of an immediate cash infusion.

Model 3 Surge

Tesla bet its future on the Model 3. And after a nine month period of production chaos and uncertainty, it appears that the bet is starting to pay off.

Late in December of 2017, after struggling through a hellish maze of bottle-necks, Model 3 production rates briefly hit above 1,000 vehicles per week. At year start, this rate slackened somewhat only to reassert by early February. During late February, the Model 3 line was shut down briefly for improvements. Meanwhile, the battery-mass-producing Gigafactory in Nevada…