Skip to content
GearOpen.com

GearOpen.com

GearOpen.com is the hub for the latest developments in technology, AI, software, computers, transportation, consumer electronics, and scientific innovation.

  • Phones
  • Tablets
  • Laptops
  • Computers & IT
  • AI & Bots
  • Apps
  • Gaming
  • Audio & Video
  • Wearables
  • Smart Home
  • Cameras
  • Drones
  • Cars
  • Motorcycles
  • Yachts & Boats
  • Planes
  • Science
  • Tools
  • Toggle search form
Model-3-Red-Driving-Sunset-980x620

Tesla Q1 2018: Model 3 helps drive $3.41bn revenue

Posted on May 3, 2018July 14, 2019 By Jarvis

Tesla coaxed Model 3 production to 2,270 cars per week in April, the electric automaker confirmed today, after CEO Elon Musk took drastic steps to boost manufacturing. The company announced a Q1 2018 update today, addressing widespread concerns about just how many of the more affordable electric sedans it could ramp up to producing.

Tesla’s initial goal had been to have its factory pumping out 5,000 Model 3 cars per week at this stage. That was scaled back dramatically, however, as the challenge facing the company became more clear. Last month, Musk returned to sleeping at the factory in order to take direct control over the manufacturing facility.

It seems that focus has paid off. Tesla produced more than 2,000 Model 3 per week, for three straight weeks, the company said. In the last of those weeks, it made 2,270 of the cars. Indeed, it’s feeling confident enough to make some new predictions.
…
Read full post here:
https://www.slashgear.com/tesla-q1-2018-model-3-production-hell-revenue-factory-targets-02529434/

Cars Tags:electric, elon musk, Model 3, Slashgear, Tesla, Tesla Q1 2018

Post navigation

Previous Post: LG G7 ThinQ vs Huawei P20 Pro: What’s the difference?
Next Post: LG G7 ThinQ vs Google Pixel 2 XL: What’s the difference?

Related Posts

xehay-Aston Martin DB11 one off-270617-10 2017 Aston Martin DB11 Henley Royal Regatta Review Cars
Where Are LiveWire Motorcycles Made & Does Harley-Davidson Still Own The Company? Cars
2019-BMW-X1-rear 2019 BMW X1 review Cars
The Biggest Differences Between 392 And 5.7 HEMI Engines Cars
2022 VW ID.5 2022 VW ID.5 and ID.5 GTX pair sleeker style with electric SUVs Cars
11 Cars You Didn’t Realize Came With Factory-Added Superchargers – SlashGear Cars

Copyright © 2026 GearOpen.com.

Powered by PressBook Grid Dark theme