Posts Tagged ‘tesla model 3 production’

Tesla Again Misses Production Target for Model 3

Output up, still 20% short of goal, according to Musk e-mail.

by on Apr.02, 2018

Tesla is finally ramping up Model 3 production but still has a long way to go to meet targets.

Tesla shares took another 5% tumble on Monday after reports surfaced that the automaker once again missed its production targets for the much-delayed Model 3 battery-sedan.

Delays in the roll-out have hammered Tesla’s balance sheet, with some analysts expecting the California carmaker to have to go back for another fundraising round. It didn’t help to have Elon Musk post an April Fool’s Day joke indicating the automaker would be declaring bankruptcy.

Subscribe Now!

In an e-mal sent to Tesla workers on Monday, Musk said production of the Model 3 had reached the 2,000 per week mark at the end of the first quarter, but that is still short of the 2,500 target Tesla had projected back around the beginning of the year, and it is even more substantially behind the original target Tesla had laid out when Model 3 production began in July 2017.

(more…)

Tesla Misses By a Mile its Model 3 Target

Models S and X beat forecast, but slow ramp-up of smaller sedan poses big problems.

by on Jan.03, 2018

A new Model 3 in front of Tesla's Fremont, California assembly plant.

Despite promises by CEO Elon Musk, Tesla has yet to dig its way out of the “production hell” it has faced since the launch of its Model 3 battery sedan last July.

The Silicon Valley carmaker said it delivered just 1,550 of the “affordable,” long-range electric vehicles during the fourth quarter, well below what industry analysts had been anticipating. Some had forecast the numbers would come closer to 9,000 for the October-December quarter, with even pessimists forecasting something closer to 4,000.

Industry News!

The shortfall means that many of the roughly 400,000 customers who have plunked down $1,000 deposits for a Model 3 could be waiting well into 2019 before taking delivery, observers warned. It also raises the specter that Tesla might have to seek more capital to offset continuing losses. The company had said it would finally get into the black as production reached the longer-term target of 10,000 vehicles a week. (more…)

Tesla Purges Hundreds of “Underperforming” Employees

EV maker says workers will be replaced.

by on Oct.16, 2017

Tesla reportedly fired hundreds of underperforming workers at its plant in Fremont, California, as well as its Palo Alto headquarters.

Claiming it was weeding out underperforming employees, Tesla dismissed hundreds of employees at its Palo Alto, California, headquarters campus and its Fremont assembly facility, according to multiple reports.

The San Jose Mercury News puts the number of firings at between 400 and 700 people, and they affected everything from factory workers to engineers to managers. According to that report, workers were not given advance notice of the decision.

News Now!

Tesla, in a statement, cited a company-wide annual review and said that it had not laid employees off, but rather that it let employees go based on lackluster job performance. (more…)

Fear of “Manufacturing Hell” Has Investors Unplugging From Tesla

Model 3 ramp-up could prove seriously challenging, CEO Musk warns.

by on Aug.01, 2017

An SRO crowd gathers for the event marking the delivery of the first Tesla Model 3 on 7-28-17.

After spending months driving up the shares of Tesla, Inc., investors seemed ready to run on Monday after outspoken CEO Elon Musk warned that his company could face a half-year of “manufacturing hell” trying to ramp up production of the new Model 3 battery-electric sedan.

The Model 3 is Tesla’s long-awaited entry into the mainstream market, with prices ranging from around $35,000 to $60,000. The California carmaker is believed to have as many as 400,000 advance reservations. But it will face a serious challenge, Musk acknowledged, boosting production at the Tesla plant in Fremont, California to the point where it can roll out the promised 500,000 vehicles next year.

Breaking News!

Investors aren’t the only ones worried. A group of Tesla workers on Monday asked the company’s board to provide a plan that will, among other things, address worker safety during an aggressive ramp-up aiming to boost production almost five-fold from 2017 to 2018. Tesla has come under fire in recent months over allegations of unusually high injury rates at the suburban San Francisco plant.

(more…)

Tesla Cutting from the Bottom: Kills Model S 75

EV maker looking for more separation between Model S, Model 3

by on Jul.24, 2017

Tesla announced it was ending sales of the Model S 75. The maker is looking to put some distance between the Model S and Model 3.

As Tesla’s new addition to its line-up, the Model 3 is now hustling down the assembly line, the company made another change to its portfolio, cutting the Model S 75, which was the least expensive model the EV maker offered prior to the Model 3.

The rear-wheel drive Model S 75 started at $69,500, but now the least expensive Model S is the 75D, an all-wheel-drive version of the 75 that starts at $74,500.

EV News!

In addition to creating a bigger price gap between the two vehicles, it also means that the Model S family is only available in AWD. (more…)

Tesla Set to Launch Sales, Production of Model 3

Critical test for battery-carmaker set to get underway.

by on Jul.03, 2017

Tesla could hit its mark for the first time by rolling out the first saleable Model 3 this week.

The biggest test Tesla has ever faced is about to get underway, CEO Elon Musk announcing plans to roll the first saleable Model 3 off the line on Friday, the same day customers will be able to place official orders for the new battery-electric vehicle.

The Model 3 will be Tesla’s first entry into the mainstream electric market, with its $35,000 base price running roughly half that of the company’s current Models S and X offerings. Tesla has reported taking over 300,000 advanced registrations for the vehicle, each with $1,000 deposits, but one key question is how many of those will translate into actual orders.

Stay Plugged In!

The other question is how quickly Tesla will be able to meet demand. In a Sunday evening tweet, Musk said he expects that “Production grows grows exponentially, so Aug should be 100 cars and Sept above 1,500. Looks like we can reach 20,000 Model 3 cars per month in Dec.”

(more…)

Tesla Model 3 Taking the Slow(er) Road

First specs, including performance, appear online.

by on May.30, 2017

A Tesla handout shows a pre-production Model 3.

For many owners, one of the most appealing features of the Tesla Model S is its neck-snapping acceleration – with the optional Ludicrous Mode the sedan capable of launching from 0 to 60 in around 2.8 seconds.

While the new Tesla Model 3 will nearly match the range of some versions of the bigger sedan, don’t expect to see it come close when it comes to performance. What appear to be official Tesla figures indicate the new battery-electric vehicle, or BEV, will need about 5.6 seconds to nudge 60. That’s faster than the rival Chevrolet Bolt EV, but just barely, and more in line with what some comparably-sized gas-powered vehicles can deliver.

EV News!

Early EVs were battery-powered stone ponies, barely able to get out of their own way, the little Mitsubishi MiEV, for example, needing a full 13 seconds to get to 60. That’s a key reason, industry analysts suggest, that demand for those first-generation electrics was so poor. By boosting range and performance, however, buyers finally to be sitting up and taking notice.

(more…)

Tesla Wrestling With Challenges, Pressure from Plant Workers

Growing pressure on plant floor causing injuries, employee turnover.

by on May.19, 2017

Employees at Tesla's production facility in Fremont, California, complain of poor working conditions and injuries resulting from them.

While Tesla moves to push ahead with production of the Model 3, it is facing challenges inside its factory in Fremont, California, that include an increasingly restless workforce where turnover is high and complaints about on the job injuries are mounting.

The United Auto Workers has launched an organizing drive and pro-union have now filed multiple charges with the National Labor Relations Board, claiming they have been harassed for pro-union activity. Tesla has denied the charges.

News You Can Trust!

But Tesla also has been hit with complaints about working conditions inside the plant, which has also been turned into a giant construction site as the company’s founder pushes ahead with his bold expansion plans. Musk has even talked the Bay Area Rapid Transit authority about building a new station closer to the Fremont factory. (more…)

Tesla Briefly Idling California Plant to Prep for Model 3 Launch

“Planned pause” a critical step ahead of Tesla’s bet-the-company debut.

by on Feb.09, 2017

Tesla will pause production at its plant in Fremont, California, to prep for the Model 3, which is expected to come online later this year.

Tesla has confirmed it will briefly “pause” production at its Fremont, California, assembly plant this month as it begins the process of tooling up for the all-new Model 3 battery-sedan scheduled to come to market later this year.

The Model 3 is, arguably, the most critical model that Tesla will bring to market since it rolled out its original Roadster early this decade. Expected to deliver at least 200 miles per charge, but at a price tag barely half that of the current Tesla Model S sedan, the new EV has generated about 400,000 advance reservations, according to Tesla.

News Now!

But industry analysts warn that the company needs to ensure the Model 3 comes to market on time and with the sort of quality that mainstream buyers expect. (more…)

Tesla Warns of Slow Model 3 Deliveries.

Bad news for Tesla could be good news for Chevrolet’s new Bolt.

by on Oct.19, 2016

Tesla still hopes to have the first Model 3 sedans in production during the 2nd half of 2017.

Looking to buy one of Tesla’s new Model 3 battery-cars? You can look for a long wait.

Those who put in an early reservation for the carmaker’s first mainstream model might yet get a Model 3 delivered before the end of next year, Tesla now says more recent orders won’t be fulfilled until 2018. And some analysts questions whether the company will even meet that goal, considering its history of missing targets with new products.

Stay Plugged In!

That could be good news for Chevrolet, however. The Detroit maker expects to start delivering the first of its own affordable, long-range electric vehicles before year-end, and battery supplier LG Chem said this week that it believes there will be demand for as many as 30,000 Chevy Bolt EVs in 2017.

(more…)

Увеличение потенции

contact us

там