Elon Musk: Tesla is preparing to increase Model 3 production substantially
Electric vehicle manufacturer Tesla Motors CEO Elon Musk has informed company employees in a recent email that preparations are underway at the company to substantially increase production of Model 3 units. Tesla Motors stock faced decline as the company wasn’t able to achieve earlier set target for Model 3 deliveries. The mass market Tesla Model 3 will be crucial for the company to prove its ability to deliver on its promises and investors are keeping a close watch on Model 3 delivery data.
Musk also said that to achieve the mentioned objective, Tesla is shutting down Model 3 production for 3-5 days in Gigafactory 1 and Fremont, so that a comprehensive set of upgrades can be delivered at the two facilities.
According to Musk’s email to Tesla employees, the forthcoming upgrades at Gigafactory 1 and Fremont will pave the way for increasing Model 3 production to 3000-4000 units per week from May 2018.
Musk also added alongside that another set of upgrades scheduled to commence in late May will enable Tesla to unlock a targeted production capacity of 6000 Model 3 units per week by June-end; thereby marking a potential two-fold increase in the production of the vehicle. After accounting for a margin of error, Tesla is hopeful of achieving 5,000 Model 3 units per week, across all production processes and suppliers, in June.
In a further elaboration of Tesla’s Model 3 plans going forward, Musk said in the email: “By having a Model 3 subsystem burst-build requirement of 6k by the end of June, we will lay the groundwork for achieving a steady 6k/week across the whole Model 3 system a few months later.”
In a recent report, BMW-focused German website BimmerToday has revealed that BMW’s i3 all-electric car will be getting a new battery cell upgrade, aimed at giving the car a range of more than 200 miles.
Sacramento is apparently poised to become the capital of electric vehicles (EVs) in the US; with the city’s EV infrastructure set for a major upgrade via a new $44 million Green City program which will be funded by Electrify America.
As part of Tesla’s efforts to expand its Model 3 test drive fleet deployed at the US stores, the first units of the Model 3 Performance version for the test drive fleet have started arriving at the stores across the country.
Mercedes has planned to premiere its new Maybach-branded concept -- the new Vision Mercedes-Maybach Ultimate Luxury SUV -- on April 25, 2018, at the Beijing Motor Show; but the images of the vehicle have already made their way to the World Wide We
According to latest Reuters report, electric vehicle manufacturer Tesla Motors is apparently targeting the production of Model Y in November 2019.
German luxury automaker Mercedes-Benz has told Autocar magazine that it plans to launch its first all-electric sedan in 2020, a year after the scheduled launch of the automaker’s all-electric SUV in 2019.