Finance

Tesla shuts down Model 3 assembly again to fix bottlenecks

Tesla shuts down Model 3 assembly again to fix bottlenecks

(NASDAQ:TSLA) has suspended its Model 3 assembly line in what the company was a planned production halt, the EV continues facing major production problems ramping up its most important auto.

Failure to reach production targets has led to a ton of criticism being leveled against Tesla Inc (NASDAQ:TSLA), but the company is taking steps to to make those issues a thing of the past.

Musk had admitted that "excessive automation" at the Tesla plant had contributed to what he calls "manufacturing hell" and had actually slowed down manufacturing of the crucial mass-market model.

We've reported over the past week on the "production hell" that has engulfed the Tesla Model 3.

The shutdown of the assembly line was meant to improve automation and systematically address bottlenecks to increase production, a normal move by auto companies, Tesla said on Monday.




To add to the extra shifts, Tesla has made a decision to hire 400 workers a week for several weeks. The shutdown reportedly won't impact Tesla's ability to hit its target of 5000 vehicles per week by the end of June 2018.

The news comes a day after Tesla temporarily suspended its Model 3 assembly line in what the company said was a planned pause, its second since February, to improve automation and address bottlenecks that have delayed production.

Chief executive officer Elon Musk has told employees the electric-car maker will try to build 6,000 of the sedans a week by the end of June.

"We will be stopping for three to five days to do a comprehensive set of upgrades". Lately, he's been sleeping at the Fremont factory in an effort to improve Model 3 production. But Autopacific analyst Dave Sullivan says manufacturing doesn't normally stop for days, especially nine months after production began. The Wall Street consensus is at $320. Following that report, a California man named Ben Sullins started a GoFundMe page for the Tesla CEO called "Buy Elon Musk a Couch".

Weeks following a crash that claimed the life of Model X owner Walter Huang, Tesla's response to the event continues to create controversy for the automaker and its Autopilot system.Huang, 38, .


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