The company did not meet its goal of building 2,500 Model 3 sedans per week, though it built a total of 9,766 Model 3s throughout the production quarter. Tesla’s new production goal is to assemble 5,000 vehicles per week by the end of the second quarter.
Tesla also set records for deliveries in the first quarter, delivering a total of 29,980 vehicles, including 8,180 Model 3s.
More articles on business:
Zuckerberg fires back at Apple CEO Tim Cook’s criticism: It was ‘extremely glib’
China increases tariffs 25 percent on select US imports: 3 things to know
Tesla confirms autopilot was engaged during fatal Model X crash