LINE

Text:AAAPrint
Sci-tech

Tesla temporarily shuts down Model 3 production line yet again

1
2018-04-18 10:40Xinhua Editor: Gu Liping ECNS App Download

Leading U.S. electric car maker Tesla said Monday that it had shut down the assembly line for the Model 3 sedan for four to five days to "improve automation".

This is the second temporary shutdown this year for the model, which is already significantly behind its production schedule.

"During the pause, workers can choose to use vacation days or stay home without pay," Internet media outlet Buzzfeed reported.

On Monday, Tesla's shares closed at 291.21 U.S. dollars, down 3 percent.

Tesla plans to manufacture 5,000 cars per week by the end of the second quarter, which was originally the year-end goal for 2017. "Excessive automation at Tesla was a mistake. To be precise, my mistake. Humans are underrated," Tesla CEO Elon Musk tweeted last week.

The company said two weeks ago that it had achieved a production level of 2,000 Model 3s per week.

Tesla had a similar production pause in February. At the time, the company said the Model 3 production plan includes periods of planned downtime to improve automation and systematically address bottlenecks in order to increase production rates.

"This is not unusual and is in fact common in production ramps like this," the company said in a statement.

The latest pause comes just days after Musk told CBS that he was feeling optimistic about his ability to speed up production and had a "clear understanding of the path out of (production) hell."

During the past month, Tesla has voluntary recalled 123,000 of its older Model S vehicles, dealt with a fatal crash involving its autopilot driving system, and suffered a downgrade of its credit status on Wall Street.

Concerns over the slow pace of Model 3 spurred Moody's Investors Service to cut Tesla's credit rating last month and ask if the company could face a cash crunch this year.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.