Tesla to Build Model 3 Test Ve­hi­cles This Month

The Economic Times - - Around The World -

San Fran­cisco: Tesla Inc said on Wed­nes­day it will shut down pro­duc­tion at its Cal­i­for­nia assem­bly plant for a week this month to pre­pare for pro­duc­tion of its high-vol­ume Model 3 sedan, mov­ing the com­pany closer to meet­ing its tar­get to start pro­duc­tion in July.

Tesla said the “brief, planned” pause would al­low the com­pany to add ca­pac­ity to the ex­ist­ing paint shop to pre­pare it for the Model 3, and other gen­eral main­te­nance.

“This will al­low Tesla to be­gin Model 3 pro­duc­tion later this year as planned and en­able us to start the ramp to­wards 500,000 ve­hi­cles an­nu­ally in 2018,” said a Tesla spokesman. He added that the pause was not ex­pected to have a ma­te­rial im­pact on firstquar­ter pro­duc­tion or de­liv­ery fig­ures, as the com­pany had added pro­duc­tion days to com­pen­sate.

Sep­a­rately, sources told Reuters that the lux­ury elec­tric car­maker planned to be­gin test-build­ing the Model 3 on Fe­bru­ary 20. Tesla Chief O f f icer Ex­ec­u­tive Elon Musk last year told in­vestors and more than 370,000 cus­tomers who put de­posits down for a Model 3 that he in­tended to start build­ing the cars in July 2017. At the time, many an­a­lysts and sup­pli­ers said the time­line was too am­bi­tious and would be dif­fi­cult to achieve, point­ing to Tesla’s his­tory of miss­ing ag­gres­sive pro­duc­tion tar­gets.

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