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  • Los Angeles Times

    Tesla says full-speed production of Model 3 won't come for months, as it reports a big loss

    by Russ Mitchell, Los Angeles Times Nov 02, 2017 3 minutes

    For months, Tesla forecast a production rate of 5,000 Model 3 electric sedans a week by the end of this December.

    Never mind.

    The company said Wednesday that milestone is being kicked ahead an additional three months, to the end of the first quarter of 2018.

    Tesla is facing serious problems not only at its Fremont, Calif., assembly plant, but also at the Gigafactory, the battery plant in Nevada that supplies the battery packs that drive the Model 3.

    How serious?

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