Musk Sleeps Near Factory Floor to Spur Tesla Manufacturing
- First-quarter loss narrower than analysts had estimated
- Company now sees reaching 500,000-vehicle production in 2018
Breaking Down Tesla's Ambitions for 500,000 Cars in 2018
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Elon Musk, determined to turn his electric-car company into a great maker of things, said that he keeps a sleeping bag in a conference room adjacent to Tesla Motors Inc.’s production line in Fremont, California.
He beseeched the best manufacturing people in the world to join the company, which is preparing to launch a Model 3 sedan that is designed for ease of manufacturing with fewer “bells and whistles” than the Model X sport utility vehicle. The SUV was recalled soon after deliveries began.