Tesla CEO Elon Musk has said on multiple occasions in the past year that the target was to start production of the Tesla Model 3 in July. When he first said this (on one of Tesla’s quarterly conference calls), he was very hesitant to say it because he indicated it was a strict target for suppliers specifically because they knew not all suppliers would end up meeting the target. To try to really meet the target (or not go far beyond it), Tesla had penalties in place for suppliers who missed the deadline. Furthermore, as a backup, Tesla said it was preparing production capacity for any critical parts of the car itself in case its suppliers fell through
Tesla Model 3 Month Is Here was originally published on CleanTechnica.
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