Musk urges "radical improvements" to hit Model 3 production goal

Tesla CEO Elon Musk told employees in an email on Friday night that "radical improvements are still needed" in order to hit the company's quarterly target for Model 3 production, CNBC reports.

Why it matters: Musk has been under pressure to meet his pledge of hitting a production rate of 5,000 Model 3s a week by the end of this month. Per CNBC, despite Tesla "repeatedly" missing set production and delivery goals, "[m]any investors have faith in Musk's vision."

His email:

It's getting very exciting! All parts of the Model 3 production system are now above 500 and some are almost at 700 cars already. Congratulations to all on making so much progress!

That said, radical improvements are still needed in paint shop output, GA3, bringing up the new GA4, End of Line and Module Zone 4 at Giga. We also need to achieve sustained, 700+ per week on the body line.

Wherever you are in the company, if you feel you can help out in any of those areas, please check in with Jat Dhillon on GA3, Jerome Guillen on GA4 and Omead on EoL and JB Straubel or Christ Lister on Module Zone 4.

I will be at our Fremont factory almost 24/7 for the next several days checking in with those groups to make sure they have as many resources as they can handle.

Thanks,
Elon