Tesla misses Model 3 production goals but promises rapid increase
Tesla Inc. shipped fewer of its critical Model 3 sedans than expected last quarter, as Elon Musk’s automaker struggles to pull off the mass-manufacturing leap he’s promised investors.
Tesla built 2,020 Model 3 cars in the last seven days, trailing its target for a 2,500-unit rate for the final week of March. The company delivered 8,180 of the sedans in the first three months of the year.
The lower-than-expected deliveries and production will give Tesla critics more firepower to question Musk’s ability to deliver on his quest to bring electric cars to the masses. Read more about the Tesla misses Model 3...