Tesla making 2,000 Model 3s per week: report
FILE PHOTO: A Tesla dealership is seen in West Drayton, just outside London, Britain, February 7, 2018. REUTERS/Hannah McKay/File Photo
Get Alerts TSLA Hot Sheet
Join SI Premium – FREE
(Reuters) - Tesla Inc (NASDAQ: TSLA) will fall short of its 2,500 per week target for production of the crucial Model 3 sedan when it reports its numbers this week, according to a report by tech website Jalopnik, citing an email from Chief Executive Officer Elon Musk to employees.
Musk told employees in a company-wide email on Monday that Tesla had just passed a rate of 2,000 per week, the report said. That was still a big increase from earlier production numbers and Tesla shares recovered some of Monday's heavy losses in reaction to the report.
The company did not immediately respond to requests for comment.
(Reporting by Sonam Rai and Patrick Graham; Editing by Bernard Orr)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla (TSLA) PT Raised to $500 at RBC Capital on 'Potential SpaceX Combination'
- Chipotle adds Albert Baldocchi to Audit and Risk Committee
- Active options: TSLA NVDA AAPL AMZN SPCX MSFT INTC MU META SOFI
Create E-mail Alert Related Categories
Corporate News, Management Comments, ReutersRelated Entities
Tesla, Model 3Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share