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An analyst just toured Tesla's Model 3 facility and said everything's going great despite Musk turmoil

An analyst just toured Tesla's Model 3 facility and said everything's going great despite Musk turmoil

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/16/analyst-great-teslas-model-3-facility-despite-musk-controversy.html

Tesla is on track to clinch a steady weekly Model 3 production rate above 5,000 cars per week, according to Evercore ISI, which told clients that its prior estimates for the second half could be as much as 7 percent too low following a tour of the company's facilities.

"Tesla seems well on the way to achieving a steady weekly production rate of 5,000 to 6,000 units per week," analyst George Galliers wrote Thursday. "We are incrementally positive on Tesla following our visit. We have confidence in their production. We did not see anything to suggest that Model 3 cannot reach 6k units per week, and 7k to 8k with very little incremental capital expenditure."