For Tesla, 2018 is all about getting Model 3 production going [MarketWatch]
Tesla, Inc. (TSLA)
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Source: MarketWatch
For Tesla, 2018 is all about getting Model 3 production going Tesla Inc. investors will likely greet 2018 in much the same way that they greeted the last new year: fervently hoping that Model 3 production will finally get on track. Tesla’s stock-price performance in the year ahead will heavily depend on the Silicon Valley car maker ironing out production problems that have so far hampered the manufacturing of the Model 3 in meaningful quantities. “The year will be all about the rate of the ramp-up of the Model 3,” said David Whiston, an analyst with Morningstar. Tesla TSLA, +3.68% launched the Model 3, its first electric vehicle aimed at the masses, in July. In May, Tesla told shareholders it planned to ramp up Model 3 production to 5,000 vehicles a week at some point in 2017, and to 10,000 a week in 2018. Less than six months later, it disclosed “production bottlenecks,” and by November moved the goal of producing 5,000 Model 3 sedans a week to late in the first quarter of 2018, p
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