Hello and welcome to the Thursday November 15th 2018 edition of Tesla Daily on

official Tesla Podcast.

My name is Rob Maower.

Today we are talking about model 3 production,

as well as some news on logistics and deliveries.

Tesla stock on the day did finish up 1.29% to $348.44. This did trail the NASDAQ slightly

which finished up 1.72%. We'll start today with some news being reported by Electrec, they are saying that by November 28th,

Tesla is pushing to achieve a weekly production rate of 7,000 model 3s per week.

In an email obtained by Electrak, Elon Musk said to employees, quote,

By the 28th, all Model 3 production subsystems need to be at 50 plus units per hour steady,

which is what's needed for a true 1,000 vehicles per day rate, taking equipment

uptime into account.

To be clear, this includes all lines for a particular subsystem.

So for example, general assembly units per hour would include both

general assembly three lines plus GA4." This is interesting for quite a few reasons. Number one,

that would be obviously a

tremendous production rate I don't think people are expecting 7,000 per week this

early. Elon did mention on the last conference call that they should be able to

achieve 7,000 per week with pretty minimal additional

cap-ex spend. However, they didn't share any particular timeline around when they

might expect to achieve that. Combining the lack of guidance there with

Tesla's historical tendency to be a little bit behind on some timelines.

...