By Sonam Rai
(Reuters) – Tesla Inc
Musk told employees in a company-wide email on Monday that Tesla had just passed the 2,000 per week rate, according to auto website Jalopnik.
That was short of its 2,500 per week target but a big increase on the 793 Model 3s that the company built in the final week of last year. It produced 2,425 of the cars in the whole fourth quarter. [nL4N1OY42A
Tesla shares recovered from an 8 percent loss before the Jalopnik report filtered into markets to trade down 3.5 percent on the day. https://bit.ly/2uFdEBr
The company did not immediately respond to requests for comment.
Jalopnik also quoted Musk in the email to employees as saying: “If things go as planned today, we will comfortably exceed that number over a seven day period!”
(Reporting by Sonam Rai in Bengaluru, Editing by Peter Henderson and Patrick Graham)