Tesla Model 3 production issues targeted in Morgan Stanley downgrade

Randal Sanchez
May 16, 2018

Ensuring that drivers stay engaged and alert when using Autopilot is extremely important.

"It came to nothing, and Elon was sure that we wouldn't have to", said the source.

As part of the company's recent earnings report, Tesla disclosed that Model 3 production towards the end of April reached 2,270 units per week, a huge improvement compared to where production stood just a few weeks earlier.

Morgan Stanley analyst Adam Jonas, a one-time ardent bull, continues to wave the caution flag, slashing his price target due to troubles in the electric carmaker's production process for the Model 3 sedan.

Additionally, Musk also requested that employees inform him of "any specific bottlenecks" that may hinder the company from hitting the target so that he can take the necessary action to rectify the issue.

In a statement on its Facebook page Ticino fire brigade said: 'The violent impact of Lithium-ion batteries could probably have caused a phenomenon called "thermal runaway", i.e. a rapid and unstoppable increase in temperature'.

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The 28-year-old said that she was using her phone prior to the collision while the semi-autonomous driving features was enabled. Musk even went as far to say that he had too much automation on the line and that humans are underrated. The driver of the Unified Fire Authority vehicle was checked for injuries related to whiplash; however, he was not taken to a hospital for evaluation. CEO Elon Musk has publicly derided reporting on the incident as unfair, pointing out how many people are killed in crashes while driving traditional cars.

Over the past two months, federal officials have opened investigations into at least two other crashes involving Tesla vehicles.

Two 18-year-olds were trapped in the vehicle and died in the flames.

A 48-year-old German driver died last Thursday when his auto hit a barrier on a highway in the southern Swiss canton of Ticino, before flipping over and bursting into flames.

"The system worked as described, which is that it's a hands-on system". "And (the Tesla driver) could be facing a citation for failing to maintain control of her vehicle".

The safety agency has yet to announce whether it will be looking into the Utah crash.

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