Apr 17, 2018 - Energy & Environment

Tesla sets goal of producing 6,000 Model 3s per week in June

Tesla's new Model 3 car. Photo: Salwan Georges/The Washington Post via Getty Images

Tesla CEO Elon Musk gave an update to employees in an email on Tuesday explaining the company is halting production of its Model 3 for "a comprehensive set of upgrades," that will double its production levels, Electrek reports.

Why it matters, per Axios' Ben Geman: This lays out in some detail how the company, which has repeatedly missed targets for ramping up production of the mass market Model 3, intends to meet the closely watched pledge to reach 5,000 per week by mid-year. Successful scale up of the vehicle, which Tesla has struggled to produce at scale, is key to the company’s future.

The details: The new upgrades aim to allow the company to produce between 3,000-4,000 Model 3 units a week. More upgrades will come in "late May," writes Musk, and "should be enough to unlock production capacity of 6,000 Model 3 vehicles per week by the end of June." Musk adds that while the goal is 6,000 units per week, margin of error will realistically call for 5,000 units per week.

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The big picture: The number of coronavirus cases increased in the vast majority of states over the last week, and decreased in only two states plus the District of Columbia, Axios' Andrew Withershoop and Caitlin Owens report.

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In photos: America celebrates July 4 during global pandemic

Photo: Francine Orr/Los Angeles Times/Getty Images

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The state of play: Axios' Stef Kight writes public parades and fireworks displays around much of the country are being canceled to prevent mass gatherings where the virus could spread. Hot-dog contests and concerts will play to empty stands and virtual audiences — all while American pride treads an all-time low.

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