Aaron P. Bernstein/Reuters
- Tesla CEO Elon Musk said in an interview with The Wall Street Journal that he should have set more aggressive production timelines for the Model 3 sedan.
- Tesla has missed its goal of making 5,000 Model 3s per week twice, but the company is on track to hit that goal by the end of June, Musk said during the company's annual shareholder meeting on June 5.
- Musk told The Journal that some executives want to "externalize responsibility and say it was anything but their fault," and said he should have "constrained the time further" so that Tesla would be able to identify and fix production problems faster.
Tesla CEO Elon Musk said in an interview with The Wall Street Journal that he should have set more aggressive production timelines for the Model 3 sedan.
Musk argued for his decision to ignore the advice of his executives and, in May 2016, announce the company's intention to make up to 200,000 Model 3s before the end of 2017, The Journal reported. In July 2017, Musk said Tesla would make 20,000 Model 3s in December. Tesla made a total of 2,685 Model 3s in 2017.
Musk told The Journal that some executives want to "externalize responsibility and say it was anything but their fault," and said he should have "constrained the time further" so that Tesla would be able to identify and fix production problems faster.
Tesla has missed its goal of making 5,000 Model 3s per week twice, but the company is on track to hit that goal by the end of June, Musk said during the company's annual shareholder meeting on June 5. Musk has attributed some of Tesla's production delays to an overreliance on automation.
The company has made about 30,000 Model 3s this year, according to internal documents reviewed by Business Insider and confirmed by two Tesla employees. A person familiar with Model 3 production told Business Insider that Tesla had made around 6,000 Model 3s this month, as of June 19.
Get the latest Tesla stock price here.