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Tesla Dropping After Suspending Model 3 Production

Credit: Wochit
Published on April 17, 2018 - Duration: 00:50s

Tesla Dropping After Suspending Model 3 Production

Bobby Yip/Reuters Tesla has temporarily suspended its Model 3 assembly line while seeking to "improve automation and systematically address bottlenecks." Shares were down 0.89% ahead of Tuesday's opening bell.

Model 3 production worries are only part of Tesla's problems right now.

The shutdown, first reported by BuzzFeed, is the latest in a series of setbacks for the company.

He later tweeted that his company would be profitable before the end of the year.

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