Home News Featured News Tesla recall burdens Musk's production overdrive

Tesla recall burdens Musk’s production overdrive

Author

Date

Category

- Advertisement -

Tesla is struggling to meet production goals for the Model 3, the mass-market car.

sCEO Elon Musk today reportedly said the company is producing 2,000 Model 3s a week— 500 short of his goal, which has been adjusted twice.

It was hit by an accident that will have the effect of a possible scale back of self-driving cars in the current quarter.

And there is more difficult news for the Tesla car followers and supporters.

- Advertisement -

Last week, Tesla voluntarily recalled 123,000 of its Model S luxury sedans to fix a power-steering issue. That is a lot of cars — close to half of all the vehicles the company has produced, wrote nbcnews.

To make things worst, Tesla stock is down about 36 percent since its September 2017 peak.

This is surely critical time for the self-driving car industry.

It is undeniable that Tesla’s venture has popularised self-driving cars across the globe, attracting competition in various countries, including France with the Navia.

Recode said Tesla’s voluntary recall of 123,000 Model S cars punctuated its ongoing struggles with meeting production goals of its mass-market vehicle, the Model 3.

“Can Tesla make the shift away from being just a luxury player to a mass-market carmaker at scale?,” asked Recode.

By Musk’s own admission, the early years of Tesla — from the Roadster to the Model X — were in service of laying the groundwork for building and selling a mass-market electric vehicle.

In July 2017, Musk said that he aimed to produce 5,000 Model 3 vehicles per week by the end of 2017. Today, Tesla is producing 2,000 Model 3s a week, according to emails obtained by Jalopnik.

The company’s head of engineering also tried to rally the troops last week, saying the company needed to prove the “haters” wrong, as Bloomberg first reported.

“The world is watching us very closely, to understand one thing: How many Model 3s can Tesla build in a week?” Doug Field wrote. “This is a critical moment in Tesla’s history, and there are a number of reasons it’s so important. You should pick the one that hits you in the gut and makes you want to win.”

The article is adapted from Recode.

- Advertisement -

29-year-old inmate gets straight As for O levels, tops her cohort

Singapore — A 29-year-old inmate has topped her inmate cohort in the results for last year's GCE O-level examinations, according to the Singapore Prison Service (SPS) on Wednesday (Jan 13). Her story was released on Captains of Lives, the Facebook page...

9 new NMPs lay out topics they will be bringing up in Parliament

Singapore—House Speaker Tan Chuan-Jin announced on Thursday (Jan 14) that the nine new Nominated Members of Parliament (NMP) are to be appointed on Jan 21. The NMP scheme, introduced in Singapore in 1990, was put in place to ensure that there would...

Chee Soon Juan posts video calling out “sinful waste of public funds in Bukit Batok”

Singapore—Dr Chee Soon Juan, the secretary-general of the Singapore Democratic Party (SDP), posted a video on his Facebook page on Wednesday (Jan 13) decrying a "sinful waste of public funds in Bukit Batok.” He was referring to a proposed linkway from Member...