Tesla just missed its Model 3 target, but that’s not stopping Musk from setting more aggressive goals

Mashable 

Tesla's struggles to manufacture and deliver its affordable electric sedan look like they're ongoing, but CEO Elon Musk says he's "feeling very good about the production for the Tesla Model 3." The company's earnings report Wednesday showed that Tesla is inching closer to its production goals for the Model 3 car, but it still fell behind for the first part of the year. The way Musk spins it, during some peak hours, the company is already producing what would amount to 5,000 cars per week at a potential sustained rate. Even if Tesla didn't hit the target of 2,500 cars per week this quarter, the Bay Area-based car maker was up to 2,270 Model 3 vehicles per week in April. Musk took over factory production last month and has lofty goals for the next two months. In a shareholder letter the company laid out plans to reach 5,000 cars per week.