Tesla expected to say next week whether it will meet production goal
SAN FRANCISCO ââ Tesla is expected to reveal next week whether it has reached its production goal of 5,000 Model 3s a week.
Falling far short of 5,000 a week would probably sink Tesla's high-price stock, analysts say. Meeting that manufacturing milestone, or even coming close, would probably drive the stock higher.
CEO Elon Musk has been downgrading his ambitions for Model 3 production since May 2016. With Model 3 production at a trickle that year, he promised 5,000 cars a week - equivalent to 260,000 a year -
