Elon Musk: Tesla has achieved ‘5k per week’ Model 3 production milestone
Electric vehicle maker Tesla Motors CEO Elon Musk has revealed in an email to employees that the company has achieved ‘5,000 units per week’ milestone for its Model 3 electric car.
According to Musk’s email, obtained by Bloomberg, Tesla has not just reached its target of producing 5,000 units of the Model 3 per week, but has also hit a new record of ‘7,000 units per week’ for the combined production of its Model S and Model X vehicles.
In a confirmation that Tesla has hit the Model 3 production milestone as well as the combined production target for Model S and Model X, Musk specifically said in the email: “Not only did we factory gate 5000 Model 3’s, but we also achieved the S & X production target for a combined 7000 vehicle week!”
The ‘5,000 units per week’ Model 3 production target was a milestone which was introduced by Tesla at the beginning of 2018, after it failed to achieve its original Model 3 production goal in December 2017.
Ever since setting the ‘5,000 units per week’ target, Tesla has made a substantial increase in the production of Model 3. With Tesla having made huge investments into Model 3 production to bring the vehicle’s weekly production rate to more than the 5,000 units, it was pertinent for the automaker to achieve its target, for turning a profit on the vehicle program.
Chinese electric vehicle (EV) start-up NIO is all set to deliver its first production vehicle to the market; and its first EV service center in Beijing is coming up right next to EV manufacturer Tesla’s service center.
According to an Automotive News report, German automaker BMW plans to discontinue its i3 all-electric compact car and i8 plug-in hybrid sports car ahead of introducing its next-generation electric vehicles (EVs).
The monthly sales figures for plug-in electric cars for March 2018 have revealed that Toyota’s Prius Prime plug-in hybrid managed to achieve a startling sales total for the month among plug-in electric cars.
According to reports, the electric-car sales system which is being adopted by China is similar to the one applicable in California.
In a noteworthy move aimed at making public transport more sustainable in the Netherlands, “world’s largest charge depot” for electric buses has recently gone live in Amsterdam.
In a move which marks the latest electrification effort by UPS, the parcel delivery giant has placed an order for 1,000 electric delivery vans with Ohio-based truck manufacturer Workhorse.