Big Tesla buildup

Musk takes over production reins

Elon Musk has reportedly taken over production of Tesla’s troubled Model 3 following reports that the electric-car maker will miss firstquarter production goals for its flagship vehicle.

Musk will take over for Doug Field, a senior vice president of engineering and former Apple executive, who was “pushed aside” after Tesla missed its goal of 500 Model 3 sedans per day, according to The Information.

The leadership shake-up comes as Tesla’s stock is getting hammered over the production troubles and following the crash of a Model X, in which the driver died while using the company’s “Autopilot” feature.

In March, Tesla shares plunged 22 percent — their worst monthly performance in more than seven years. Then, Moody’s cut its rating on Tesla bonds further into junk status, sending them to all-time lows as it voiced worries about the Model 3.

The California crash of the Model X sparked an investigation by the National Transportation Safety Board.

All the drama surrounding Tesla didn’t stop Musk from cracking April Fool’s jokes on Twitter (right).

“Despite intense efforts to raise money, including a lastditch mass sale of Easter Eggs, we are sad to report that Tesla has gone completely and totally bankrupt,” Musk tweeted late Sunday. “So bankrupt, you can’t believe it.”

Shares of Tesla tumbled 5.1 percent Monday, to $252.48.