Tesla makes 5,000 Model 3s per week, but can it continue?
https://phys.org/news/2018-07-tesla-3s-week.html
The Model 3, which starts at $35,000, is the key to turning Tesla from a niche maker of expensive electric cars to a profitable, mass-market automaker. The company badly needs cash from the compact cars to deliver on CEO Elon Musk's promise to post a net profit and positive cash flow in the third and fourth quarters. The company has had only two profitable quarters in its 15-year history.
To hit the 5,000-per-week mark, Tesla had to erect a fourth assembly line under a tent outside its Fremont, California, factory, and Musk had to spend nights in the plant working out bugs with automation and other problems.
Tesla makes 5,000 Model 3s per week, but can it continue?
Jul 2, 2018, 6:26pm UTC
https://phys.org/news/2018-07-tesla-3s-week.html
> The Model 3, which starts at $35,000, is the key to turning Tesla from a niche maker of expensive electric cars to a profitable, mass-market automaker. The company badly needs cash from the compact cars to deliver on CEO Elon Musk's promise to post a net profit and positive cash flow in the third and fourth quarters. The company has had only two profitable quarters in its 15-year history.
> To hit the 5,000-per-week mark, Tesla had to erect a fourth assembly line under a tent outside its Fremont, California, factory, and Musk had to spend nights in the plant working out bugs with automation and other problems.