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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

Why Tesla Paused Model 3 Production for Four Days Last Month

By
Emily Price
Emily Price
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By
Emily Price
Emily Price
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March 12, 2018, 2:20 PM ET
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Tesla paused production of its Model 3 electric car for four days last month, a move the company says was made to adjust its equipment so that it could increase production rates of the vehicle.

“Our Model 3 production plan includes periods of planned downtime in both Fremont and Gigafactory 1. These periods are used to improve automation and systematically address bottlenecks in order to increase production rates,” a Tesla spokesperson said in an email to Reuters.

Fremont, Calif., less than an hour southeast of San Francisco, is where the Model 3 is currently being built. The batteries for the vehicles come from “Gigafactory 1,” which is located a few hours away in Sparks, Nev.

Model 3 Production was reportedly suspended at the Fremont facility from February 20 to February 24.

The company says that downtime is normal when it begins to ramp up production of a new vehicle, noting that additional downtime could potentially occur over the next few months.

Tesla has indicated that it is aiming to reach a weekly production rate of 2,500 of the sedans by the end of March and 5,000 by the end of June, Bloomberg reports.

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