Tesla Pauses Some Model 3 Output After Hitting Target

Tesla Inc. is scheduling a break for some Model 3 production after exceeding a closely watched target for the final week of the second quarter, according to people familiar with the matter. The break won’t impact production targets and will allow the company to do basic upkeep and maintenance work. Tesla reported earlier Monday that Model 3 output reached 5,031 in the final seven days of June, beating a 5,000-car target that Chief Executive Officer Elon Musk had said was crucial to generating cash and earning profit. …read more

Source:: Yahoo Finance

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