Tesla sets incredibly high 500,000 cars per year production schedule

May 5, 2016

Electric car maker Tesla says it is going to hugely accelerate production of its upcoming Model 3 mass-market vehicle. It plans to build 500,000 cars a year from 2018, two years ahead of its original schedule. The new target – which sceptics say is unattainable – will require a more than 50 percent rise in capital…

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