Tesla is producing 50 model 3 vehicles per day, or an average of 3,500 cars per week, Elon Musk said during the company's annual shareholders meeting on Tuesday. That puts Tesla on track to reach the crucial target of 5,000 per week by the end of June, he added.
At the beginning of April, Tesla announced that it had officially lost its goal of manufacturing 2,500 Model 3 vehicles a week by the end of the first financial quarter of this year. He started the second quarter making only 2,000 Model 3s per week. Tesla has blamed the bottlenecks in the production of Model 3 batteries at the Gigafactory factory for delays.
During the shareholder meeting, Musk acknowledged the cost they charged him and the workers at the Tesla factory. "This is the most unbearable, hellish of several months I've had," Musk said, his voice breaking. "And many other people at Tesla, but I think we're coming."