Tesla had speedy plans for the Model Y: report


Tesla Inc. had plans to make the Model Y, a planned compact SUV next on its lineup, at a quick pace, Business Insider reported Monday, citing internal documents given to Tesla employees shortly before the car maker's third-quarter earnings release in October. The report cited a production target rate of 7,000 Model Y SUVs a week at the Gigafactory outside Reno, Nev., by December 2020 and 5,000 Model Y SUVs a week at its China Gigafactory by February 2021. The car would be based on the Model 3 platform, according to the document, BI said. Tesla told Business Insider the document was outdated. The company did not immediately respond to a request for comment from MarketWatch. Tesla shares were flat in the extended session Monday after ending the regular trading day up 2.3%.


  1. the Model Y looks cool but right now did you not hear that they are actually producing as many as 1,000 model 3’s per day it is incredible!


Please enter your comment!
Please enter your name here