- Tesla CEO Elon Musk says Model 3 production bottlenecks are being caused by the battery module assembly line at the company’s Gigafactory in Nevada.
- Musk said during the company’s fourth-quarter earnings call on Wednesday that Tesla became “too confident” in its ability to make batteries, which contributed to its current production problems.
- But Musk said that the company is still on target to produce 2,500 Model 3 vehicles by the end of Q1 and 5,000 units per week by the end of Q2.
Tesla CEO Elon Musk said Model 3 production problems are a result of the company being a little too confident in its ability to make batteries.
“It’s ironic since battery modules should be the thing we are best at,” Musk said during the company’s fourth-quarter earnings call. “We were a little overconfident, got too comfortable with our ability to do battery modules.”See the rest of the story at Business Insider
NOW WATCH: Here’s what Apple’s battery-slowing controversy means for iPhone sales
See Also:
- Elon Musk: ‘If we can send a Roadster to the asteroid belt, we can probably solve Model 3 production’
- Tesla says Model 3 production is on track, but it’s still a complete mess
- An Apple legend and ex-Tesla exec says he is ‘sad how little progress’ Autopilot has made
