Posts Tagged ‘Tesla Model 3 delays’

Tesla Shut Down Model 3 Line – Again – to Make Upgrades

EV maker makes improvements aimed at increasing production speed.

by on Mar.12, 2018

Tesla shut down its plant in California last month to make upgrades to its production line.

Tesla’s ongoing growing pains moving from a low-volume to mass market manufacturer continue as the EV maker had to shut down its production on the Model 3 for a week last month.

The company temporarily suspended production at its Fremont, California plant as well as at its Gigafactory in Nevada, Feb. 20-24, to adjust equipment to improve automation and increase production rates.

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The automaker has been under fire for continually missing deadlines for increasing the production run rates at its plant. The goal is ultimately to produce 500,000 vehicles annually, including 100,000 Model S and X vehicles. The current rate is significantly lower than that. (more…)

Tesla Denies Reports of More Model 3 Production Snags

Slow ramp-up expected to yield weak earnings for Q4.

by on Jan.26, 2018

Tesla CEO Musk had high hopes for Model 3 when it was unveiled at this splashy event.

Tesla is denying reports that it continues to face major manufacturing issues delaying the critical ramp-up of Model 3 production, an issue that could lead to a serious cash crunch in the months ahead.

The automaker launched its first mainstream, long-range model last July, but what CEO Elon Musk described as “production hell” resulted in serious delays last year, and according to new reports , production isn’t accelerating nearly as quickly as Musk and other senior executives had promised. Some of the biggest issues, according to company insiders quoted by CNBC, involve the Gigafactory plant in Nevada that produces batteries for the Model 3.

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For its parts, Tesla is describing the report as “extremely misinformed and misleading,” and a statement added that, “To be absolutely clear, we are on track with the previous projections for achieving increased Model 3 production rates that we provided earlier this month.” (more…)