Skip to main content

Tesla's struggling with Model 3 production because of delays at its massive Gigafactory (TSLA)

By

tesla gigafactory

  • Panasonic assembles batteries at Tesla's Gigafactory in Sparks, Nevada.
  • Panasonic CEO Kazuhiro Tsuga said Tuesday that there have been delays to automating the battery production line at the Gigafactory, slowing Model 3 output.
  • Tesla only produced 260 Model 3 sedans in the third quarter; it had targeted 1,500 vehicles for September alone.


Panasonic CEO Kazuhiro Tsuga gave everyone a better understanding of why Tesla missed its target for Model 3 production in the third quarter.

Tsuga said during an earnings briefing that there have been delays to automating the battery production line at Tesla's Gigafactory, which has slowed Model 3 output, Reuters' first reported. Some of the battery packs have had to be assembled by hand, Reuters reported. 

Panasonic is a partner of Tesla, helping assemble batteries at the electric automaker's Gigafactory in Sparks, Nevada.

"This process [for battery packs] will be soon automated, and then the number of vehicles to be produced will rise sharply," Tsuga said, according to Reuters. He didn't specify how far behind schedule Model 3 production is at this point.

Tesla will report fourth-quarter earnings on Wednesday. The company did not immediately respond to a request for comment. 

Tesla CEO Elon Musk said in August that the company planned to produce 1,500 Model 3 cars in September alone and ramp up to 20,000 cars per month in December. The company ultimately produced 260 sedans in the third quarter.

Tesla said the delays were due to "production bottlenecks" but did not specify the source of the delay. Tsuga confirmed that a bottleneck is at Tesla's Gigafactory.

The Model 3 is Tesla's first mass-market vehicle starting at $35,000. Tesla secured 455,000 orders for the vehicle as of August; some customers will have to wait over a year to receive the highly-anticipated sedan.

SEE ALSO: Elon Musk gave a glimpse of his tunnel under Los Angeles

FOLLOW US: on Facebook for more car and transportation content!

Join the conversation about this story »

NOW WATCH: Tesla's value is surging 'because the vision is so intoxicating'



from Tech Insider http://ift.tt/2lyJ3Rp
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Instagram accidentally reinstated Pornhub’s banned account

By
After years of on-and-off temporary suspensions, Instagram permanently banned Pornhub’s account in September. Then, for a short period of time this weekend, the account was reinstated. By Tuesday, it was permanently banned again. “This was done in error,” an Instagram spokesperson told TechCrunch. “As we’ve said previously, we permanently disabled this Instagram account for repeatedly violating our policies.” Instagram’s content guidelines prohibit  nudity and sexual solicitation . A Pornhub spokesperson told TechCrunch, though, that they believe the adult streaming platform’s account did not violate any guidelines. Instagram has not commented on the exact reasoning for the ban, or which policies the account violated. It’s worrying from a moderation perspective if a permanently banned Instagram account can accidentally get switched back on. Pornhub told TechCrunch that its account even received a notice from Instagram, stating that its ban had been a mistake (that message itself w
Post a Comment
Read more

Colorado police identified the serial killer who murdered 4 women 40 years ago after exhuming his body to analyze a DNA sample

By
A scientist examines computer images of DNA models. Getty Images Police in Colorado have cracked the cold cases of four women killed 40 years ago. Denver PD said genetic genealogy and DNA analysis helped them identify the serial killer. He had died by suicide in jail in 1981. DNA from his exhumed body matched evidence from the murders. Police in Colorado have cracked the code on four murder cases that went unsolved for 40 years, using DNA from the killer's exhumed body. The cases pertain to four women killed in the Denver metro area between 1978 and 1981. They were 33-year-old Madeleine Furey-Livaudais, 53-year-old Dolores Barajas, 27-year-old Gwendolyn Harris, and 17-year-old Antoinette Parks. The four women were stabbed to death. Denver Police Commander Matt Clark said in a press conference Friday that there was an "underlying sexual component" to the murders but didn't elaborate further. In 2009, a detective reviewed Parks' case and picked several p
Post a Comment
Read more

Axeleo Capital raises $51 million fund

By
Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale , while the fund is called Axeleo Capital . And it’s important to mention both parts of the business as they work hand in hand. Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well over the 12 to 18 months of the program, Axeleo funds those startups using its VC fund. Limited partners behind the company’s first fund include Bpifrance through the French Tech Accélération program, the Auvergne-Rhône-Alpes region, Vinci Energies, Crédit Agricole, BNP Paribas, Caisse d’Épargne Rhône-Alpes as well as various business angels and family offices. The firm is also partnering with Hi Inov, the holding company of the Dentressangle family. Axeleo will take care of the early stage in
Post a Comment
Read more