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Tesla production pause adds to Model 3 concerns

Reuters 

(Reuters) - Tesla Inc shares fell as much as 2 percent in premarket trading on Tuesday, a temporary halt in production of its Model 3 sedan adding to nerves about the electric car maker's consistent failure to keep its promises on vehicle output.Model 3, the most affordable sedan from Tesla, is seen as crucial to the company's future profitability, but has so far missed several production goals.The car maker said the halt - the second since February - was to improve automation and systematically address bottlenecks to increase production, a regular move by car companies."While temporary ...

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First Published: Tue, April 17 2018. 18:11 IST
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