Tesla Dropping After Suspending Model 3 Production

Wochit - April 17, 2018

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..

Advertisement

Recent related news

** Β· *Tesla CEO Elon Musk said "we were huge idiots and didn't know what were doing" inΒ an interview with Bloomberg, referencing Telsa's attempt to redesign...
6 days ago • Business Insider

** Β· *Tesla CEO Elon Musk slept on the floor of the company's vehicle assembly plant because he wanted to suffer more than any other employee during the...
1 week ago • Business Insider

It’s been a long time since Tesla opened the ordering system in the United States for those who placed a pre-order on the Model 3, and at long last, the...
5 days ago • autoevolution

Sometime in the course of last week, someone finally managed to roll over a Tesla Model 3 in a car crash. As far as we know, this is the first time a Model 3 is...
4 days ago • autoevolution

Recent related videos


Wochit Business -   β–Ά  00:44



Wochit Business -   β–Ά  00:50



CBS Dallas Digital -   β–Ά  00:43



Wochit Business -   β–Ά  00:43


You might like