”Tesla is likely to announce production and delivery numbers for the quarter later this week, and investors will watch to see whether the company can keep up its end-of-quarter production speed.In early June, Musk said it was “quite likely” that Tesla could deliver 5,000 Model 3s per week by the end of the quarter.Tesla in January pushed back its target date for building 5,000 vehicles per week to the end of the second quarter, the latest in several delays that have concerned some investors.Production of the Model 3 has been plagued by a number of issues, including problems with an over-reliance on automation on its assembly lines, battery issues and other bottlenecks.Tesla had a goal of producing 5,000 Model 3s per week before the close of the second quarter on Saturday to demonstrate it could mass produce the battery-powered sedan.Despite touting the Model 3 as a $35,000 vehicle, Tesla has yet to begin building that basic version and instead is currently building a higher-priced version. PDT (1200 GMT), one person said.As the end of June approached, workers told Reuters that the company was building fewer than its 5,000-per week goal.As the end of the quarter neared, Musk spurred on workers, built a new assembly line in a huge tent outside the main factory, and fanned expectations that Tesla could hit its target, including tweeting pictures of rows of auto parts and robots over the final days of the quarter.June was turbulent for Tesla.

Tesla nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the midnight goal set by Chief Executive Elon Musk, two workers at the factory told Reuters. The ex-worker claims he is a whistleblower. At the time, Tesla was producing 3,500 of the vehicles per week, he said.Analyst Brian Johnson of Barclays warned investors in March to be wary of brief “burst rates” of Model 3 production that was not sustainable.Tesla did not immediately respond to a request for comment.Steady progress has enthused others, however, and Tesla’s market value is close to that of General Motors Co.m. It was not clear if Tesla could maintain that level of production for a longer period of time.”Another worker speaking after the 5,000th car was made described the factory as a “mass celebration. The company has said it will not need to raise cash this year.

It is not clear how many of the orders are for the higher-priced Freestanding Bathtubs versions.The 5,000th car finished final quality checks at the Fremont, California factory and was ready to go around 5 a.(Source).The company regularly engages in so-called “burst builds,” temporary periods of fast-as-possible production, which it uses to estimate how many cars it is capable of building over longer periods of time.Money-losing Tesla has been burning through cash to produce the Model 3, and delays have also potentially compromised Tesla’s first-to-market position for a mid-priced, long-range battery electric car as a host of competitors prepare to launch rival vehicles. It laid off 9 per cent of its workforce, endured at least two fires at its Fremont, California plant and accused a former employee of engaging in sabotage for speaking to the media.“It was pretty hectic,” said one worker who described the atmosphere as “all hands on deck.Tesla said in May that its net Model 3 reservations - accounting for new orders and cancellations - exceeded 450,000 at the end of the first quarter.

The site currently employs more than 4,000 workers and produced more than 180,000 cars in 2015.Construction will begin in 2018, with the company hoping to start production in 2020 or 2021, a spokesman for Mercedes parent Daimler told AFP.45 billion euros in quarterly results released on 21 July. Frankfurt: German luxury car maker Mercedes-Benz said on Friday it would spend one billion euros ($1.The "convertible factory" -- designed to be rapidly reconfigured to produce different models -- will sit alongside an existing plant in the city of Keckskemet, Mercedes board member Markus Schaefer said in a statement.Daimler reported record unit shower enclosure factory sales of 761,334 vehicles and net profits of 2.

The new factory will be capable of producing rear-wheel drive models as well as the front-wheel drive cars currently built in Hungary -- and will enter service as Mercedes ramps up a push to eventually electrify all its passenger cars.Stuttgart-based Mercedes, the flagship brand of the Daimler group, has been producing compact cars at its facility in Keckskemet, around 70 kilometres (45 miles) south of Budapest, since 2012. The site currently employs more than 4,000 workers and produced more than 180,000 cars in 2015..Company bosses announced plans to invest.