Electric car maker Tesla Inc. has delivered on its CEO’s promise to build a lower-priced car at a rate of 5,000 per week by the end of June.
Electric car maker Tesla Inc. has delivered on its CEO’s promise to build a lower-priced car at a rate of 5,000 per week by the end of June.
CEO Elon Musk sent an e-mail to company employees last weekend praising them for producing 5,000 Model 3s, a compact car that’s designed to shift Tesla from a niche manufacturer to a mainstream automaker. Musk also said the company had cranked out a combined 2,000 of Model S sedans and Model X sport-utility vehicles, bringing overall production to a record 7,000 for the week.
“We did it!” Musk wrote. “What an incredible job by an amazing team.”
The e-mail was reported by the website Electrek, and the company confirmed its authenticity.
Last summer, when the first Model 3s began rolling off the assembly line, Musk promised to build 5,000 per week by December and 10,000 per week in 2018. But he also warned at the time that Tesla was entering at least six months of “manufacturing hell” as it tried to hit the targets.
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