Tesla Inc’s Chief Executive Officer Elon Musk said production of its crucial Model 3 sedan is likely to exceed 500 vehicles per day this week, automotive news website Electrek reported on Tuesday.
That would translate to about 3,500 Model 3s per week, up quite a bit from the weekly production rate of 2,270 it hit in the last week of April.
Earlier this month, Tesla said its Model 3 production target remains on track, expecting about 5,000 per week in about two months.