Following Tesla’s announcement to speed up production numbers after stocks fell down drastically, Elon Musk personally took over the progress. The automaker is now up to a production target of 6,000 Model 3 cars in a week by the end of June. This number keeps a margin of error as well so it is safe to say that the weekly goal will be to produce 5,000 cars. This was recently communicated to Tesla employees in a letter from Elon Musk.
Tesla is also planning to start work on the Model 3 sedan as well and will be adding another shift within general assembly along with the body and paint shops. Musk has been reported to communicate this to employees after realizing the need to roll out more cars in the market to generate the much needed revenue. Reuters has requested for a comment from Tesla but so far there has been no development in this area. The media will be all over it as soon Tesla gives official verdict.
The company claimed that stopping Tesla Model 3 sedan assembly line was a planned pause but it did cause some setback after being the second pause since February this year.
“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.
It has been some time since Tesla has been working to achieve its targets and investors have been keeping a close eye on the efforts and are hopeful that Tesla is quickly able to meet the ramp up for Model 3. Ironically, the use of robots to assemble the Model 3 units has led to even more delays and complexities. This was even acknowledged by Musk himself in a recent interview last week where he said that,
“Excessive automation at Tesla was a mistake. To be precise, my mistake. Humans are underrated.”
“Tesla’s been trying to run full tilt,” said Chaim Siegel, an analyst at Elazar Advisors, before Musk’s letter was published.
“He’s sleeping overnight on the production floor. I don’t think there is any way they’d purposely want to slow production. It tells me something’s not quite right.”