Posted By RichC on February 10, 2017
This was going to be a normal Tech Friday post, but instead it will marry the automotive technology leader Tesla with a bit of news on their higher-volume / lower priced Model 3 sedan due out this summer. The company stated that all was on schedule for meeting their targeted July production date and they announced the California production facility will be shutting down for a week in order to prepare for the new Model 3.
Currently there are 370,000 customers with deposits on the new model and I’m sure all are anxious to see if Tesla can meet CEO Elon Musk’s aggressive target date.
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 first-quarter 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 Feb. 20.