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Tesla produces 6000 Model 3s in June

Tesla produces 6,000 Model 3s in June

According to a Business Insider report, Tesla has produced 30,000 cars in 2018 so far, with 6,000 in June alone. CEO Elon Musk is working overtime to prove short-sell investors wrong and expand the company from a luxury automaker to a more mass market firm.

Tesla originally planned to reach 5,000 per week as soon as December 2017, just six months after the car entered production. The company missed these targets, and in April Goldman Sachs predicted the company would only produce 1,400 cars per week for that quarter, necessitating a return to the capital markets. Tesla avoided this by reaching 2,000 per week, but the pressure remains to deliver.