Posted Sep 18th 2012 6:15PM
Tesla CEO Elon Musk recently spoke to Fox Business about the state of Model S production, and to hear the CEO tell it, things are going very well. Assembly line production has been climbing every week; the interview was conducted on September 13, and Musk said when asked how many cars they'd build, "I think it's probably going to be around 80 cars this week." If they hit that number it would represent double the production of the week before.
Tesla's Model S production goal this year is 5,000 units, and the outside estimate is that 400 have been built so far. To make the target in the roughly 14 weeks left in the year, Tesla would need to – as of this week – quadruple last week's production to a little more than 320 units. That's a steep climb, but the numbers so far point to it being still being possible. Musk said that orders continue to come in and the company is working through its backlog, and he expects an annual profit to come in 2013. You'll find both parts of the interview in the videos below.