Tesla Model 3 production ‘going to be worse before it gets better’

Filed under: Earnings/Financials,Green,Plants/Manufacturing,Tesla,Crossover,Sedan,Electric,Luxury,Performance

Gene Munster, an analyst from Loup Ventures, said on Bloomberg that Tesla is "probably going to miss" its Model 3 production targets this quarter, but that the news won't be a surprise to investors. "It's going to be worse before it gets better," he said. Munster told Bloomberg that he predicts that Tesla will be able to churn out between 1,500 and 2,000 Model 3s per week, falling far short of the company's goal of 2,500 per week.

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Tesla Model 3 production ‘going to be worse before it gets better’ originally appeared on Autoblog on Thu, 29 Mar 2018 15:45:00 EDT. Please see our terms for use of feeds.

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