Tesla Produces 5,000 Model 3 EVs in a Week

July 2, 2018

Tesla is speeding up the production rate on its most affordable electric vehicle, hitting CEO Elon Musk's goal for the final week of the second quarter even as questions linger about the company's ability to hit that pace consistently.

July 2, 2018—Tesla is speeding up the production rate on its most affordable electric vehicle, hitting CEO Elon Musk's goal for the final week of the second quarter even as questions linger about the company's ability to hit that pace consistently, USA Today reports.

The automaker said Monday that it had made 5,031 Model 3 vehicles in the last seven days of June, achieving Musk's goal of 5,000 a week.

The company's Model 3 production rate tripled from the first quarter to the second quarter.

"The last 12 months were some of the most difficult in Tesla’s history, and we are incredibly proud of the whole Tesla team for achieving the 5,000 unit Model 3 production rate," Tesla said in a statement. "It was not easy, but it was definitely worth it."