Tesla Inc will fall short of its 2,500 per week target for production of the crucial Model 3 sedan when it reports its numbers this week, according to a report by tech website Jalopnik, citing an email from Chief Executive Officer Elon Musk to employees.
Musk told employees in a company-wide email on Monday that Tesla had just passed a rate of 2,000 per week, the report said. That was still a big increase from earlier production numbers and Tesla shares recovered some of Monday`s heavy losses in reaction to the report. https://bit.ly/2uFdEBr
The company did not immediately respond to requests for comment.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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