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Tesla starts off 4Q with strong production numbers; Musk tweets about climate change

CEO Elon Musk tweeted about Tesla’s part in reducing global warming
Tesla car being charged
The electric-auto maker is expected to have produced 11,500 cars so far, as per an Electrek report

Tesla Inc (NASDAQ:TSLA) was once no stranger to production issues, but the electric-vehicle company seems to have found its way back on track lately.

The automaker is expected to have produced 11,500 cars so far in its fourth quarter, according to a report by Electrek. That number includes a total of about 7,400 Model 3s.

Tesla produced a total of 80,000 vehicles in its third quarter, including over 53,000 Model 3s.

The report stated that the automaker appears to have maintained its Model 3 production goal of 5,000 units per week.

Tesla has not yet issued production and delivery guidance for the fourth quarter, but the company stated previously that it intends to boost its Model 3 production.

Musk to the rescue?

In other Tesla news, CEO Elon Musk tweeted about his company’s place in the world.

Scientists have pointed to climate change, which is exacerbated by car emissions, as a driving force behind natural disasters. The Florida Panhandle and other areas of the southeastern US were hit hard by Hurricane Michael about a month after Hurricane Florence ripped through the Carolinas.

Skeptics weighed in on Twitter, responding that Tesla exists to make money.

Musk responded that his reasoning behind wanting money is to solve Earth’s problems and build a self-sustaining city on Mars in case humans destroy the planet.

Shares of Tesla were up more than 2% to US$258.17 in Friday afternoon trading.

--Updated to include additional tweets, most recent share price

 

Contact Lenore Fedow at [email protected]

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