Tesla says Model 3 is on track; results top expectations

With much of its future riding on the success of its Model 3 sedan, Tesla said Wednesday, May 2 it is still on track to produce 5,000 such cars a week by the end of June.
Tesla gave the update on the Model 3 as part of its first-quarter earnings report, which came out after the close of trading Wednesday. The company also said it produced 2,270 Model 3 cars during the last week of April after shutting production down for a few days to address some assembly line issues. Tesla said it produced, 4,