Tesla hits 5,000 Model 3 electric car production target

Tesla Inc produced 5,031 Model 3 electric cars in the last seven days of its second quarter, the company said on Monday, beating its long-elusive production target after several hiccups.

The electric car maker said Model 3 production tripled to 28,578 in its second quarter from the first quarter, adding that it expects to increase production to 6,000 per week by late next month.
 

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Tesla has been trying to hit a 5,000 per week production target of its Model 3 sedans for months after facing production obstacles. Last month, Musk said the carmaker should achieve its target by the end of June.