Elon Musk sleeps at Tesla to monitor speed-up

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Tesla Motors’ Model 3 electric car is due to go into production in late 2017. (Credit: Tesla)

Tesla Motors says it will ramp up production of its best-selling Model 3 electric car much more quickly than planned, with a target of producing 500,000 automobiles starting in 2018 rather than 2020.

The plan, announced as part of Tesla’s first-quarter financial update, comes in the wake of phenomenal advance sales for the Model 3, Tesla’s lowest-priced model to date. More than 325,000 reservations were placed during the first week of sales last month. Tesla CEO Elon Musk said that pace was two to four times stronger than even he expected.

Model 3 production is due to begin in late 2017. During a conference call to discuss the quarterly earnings, Musk said that suppliers are being asked to deliver their parts by mid-2017 in order to meet Tesla’s timetable. “As a rough guess, I would say that we aim to produce 100 to 200,000 Model 3’s in the second half of next year,” he said. “That’s my expectation right now.”

He said he was so focused on the production issue that he’s taken to sleeping in Tesla’s factory in Fremont, Calif.

“My desk is at the end of the production line,” Musk said. “I have a sleeping bag in a conference room adjacent to the production line which I use quite frequently. The whole team is super-focused on achieving rates and quality at the target cost.”

Get the full story on GeekWire.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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