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Elon Musk says Model 3 production still needs ‘radical improvements’ to meet aggressive targets (TSLA)

elon muskJoe Skipper/Reuters

In a leaked email obtained by CNBC, Tesla CEO Elon Musk said that Model 3 production has moved about 500 units per day.
The troubled Tesla Model 3’s run rate is now at roughly 3,500 per week.
Some aspects of the system are pushing toward 700-vehicle capacity per day.
The carmaker has said that it will achieve 5,000 per week by the end of June.

Tesla CEO Elon Musk is excited about the manufacturing of the carmaker’s troubled Model 3 — a reversal of his nearly yearlong journey through “production hell.”

But according to an internal email obtained by CNBC, he isn’t overconfident, insisting that there’s plenty of work left to do if the company is going to meet its own target of 5,000 in weekly Model 3 output by the end of June.See the rest of the story at Business Insider

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