Wednesday, April 18, 2018

Tesla Aiming to Build 6,000 Model 3 Cars per Week by End-June

A Tesla Model 3 is seen in a showroom in Los Angeles, California U.S. January 12, 2018. (Credit: Reuters/Lucy Nicholson/File Photo) Click to Enlarge.
Tesla Inc (TSLA.O) is aiming to ramp up production to 6,000 Model 3 cars per week by the end of June to reach its weekly goal of 5,000 and allow for a margin of error, automotive news website Electrek reported on Tuesday, citing a letter to employees from Chief Executive Elon Musk.

Underscoring Tesla’s need to roll out cars quickly to customers and collect needed revenue, the company will also begin working around the clock on the Model 3 sedan, adding another shift within general assembly, and both the body and paint shops, Electrek quoted Musk as saying.
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The news comes a day after Tesla temporarily suspended its Model 3 assembly line in what the company said was a planned pause, its second since February, to improve automation and address bottlenecks that have delayed production.

“We will be stopping for three to five days to do a comprehensive set of upgrades.  This should set us up for Model 3 production of 3,000 to 4,000 per week next month,” Electrek quoted Musk as saying.

“Another set of upgrades starting in late May should be enough to unlock production capacity of 6,000 Model 3 vehicles per week by the end of June,” he added.

Read more at Tesla Aiming to Build 6,000 Model 3 Cars per Week by End-June:  Report

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