Tesla CEO Elon Musk told shareholders Tuesday that the last few months have been "hellacious" for building the Tesla Model 3, but that the automaker expects by the end of this month to build 5,000 of the mid-size luxury sedan each week and beyond. The Model 3 may be critical for the automaker to stay alive without turning to investors for more money this year, but the upcoming Tesla Model Y crossover could be critical to vault the automaker's bottom line beyond survival. Musk told shareholders that the Tesla Model Y would be unveiled in March 2019 with production in early 2020.
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June 06, 2018 at 09:17PM
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