Money Tesla says Model 3 production shut down temporarily

05:17  17 april  2018
05:17  17 april  2018 Source:   reuters.com

Sony's pro 4K camcorder has Netflix-friendly 'Instant HDR'

  Sony's pro 4K camcorder has Netflix-friendly 'Instant HDR' HDR has become just as important as 4K for streaming and Blu-Ray users who care about seeing films and series the way the creators intended. The FS5-II can handle 60 fps high-framerate 4K recording, shoot 4K 120 fps in four-second bursts, and output 240 fps 1080p for eight seconds. Internally, it can handle 8-bit 4K at 30fps, or HD at up to 120 fps. However, many production pros will probably attach an Atomos Ninja or other device and record RAW 4K using Apple's new ProRes RAW or regular ProRes recording formats. It also packs new color science that improves skin tones, a common complaint about the last model.

SAN FRANCISCO (Reuters) - Tesla Inc (TSLA.O) has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned It was the second time since February that Tesla has temporarily shut down its production line for the Model 3 at its Fremont, California plant.

SAN FRANCISCO: Tesla has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the It was the second time since February that Tesla has temporarily shut down its production line for the Model 3 at its Fremont, California plant.

a car parked on the side of a road: Tesla has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause.© REUTERS Tesla has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause.

Tesla Inc (TSLA.O) has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues to face challenges ramping up its new sedan.

Quotes in the article

Tesla Inc

TSLA

NTSB chairman, Tesla CEO talk after fatal 'Autopilot' crash

  NTSB chairman, Tesla CEO talk after fatal 'Autopilot' crash By David Shepardson

Tesla is temporarily stopping production of its Model 3 electric car, amid a long waiting list and several missed targets. The company, however, says the shutdown is intended to resolve some of the problems that have contributed to the numerous delays in getting the cars to hundreds of

Tesla Inc (TSLA.O) has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues to face challenges ramping up its new sedan.

291.21
-9.13
-3.04%
S&P/TSX Composite

0000

15,300.38
+26.41
+0.17%
S&P/TSX Venture Composite

ISPVX

801.96
+6.02
+0.76%
S&P TSX 60

TSP60

901.87
+1.88
+0.21%

It was the second time since February that Tesla has temporarily shut down its production line for the Model 3 at its Fremont, California plant.

"These periods are used to improve automation and systematically address bottlenecks in order to increase production rates," a Tesla representative said on Monday.

BuzzFeed, which first reported the news, said workers were expected to use vacation days or stay home without pay during the four- to five-day production pause.

After repeated delays in production of its Model 3 sedan, Tesla is now trying to catch up to a target of building 2,500 vehicles per week by the end of the second quarter. Problems within its heavily roboticized assembly line have complicated those efforts.

Personal information exposed in Nova Scotia government website breach

  Personal information exposed in Nova Scotia government website breach The Nova Scotia government has called in Halifax Regional Police to investigate a breach of the freedom-of-information website that included access to personal information. Four per cent of 7,000 documents accessed were determined to have "highly sensitive personal information," according to government officials. Sensitive information accessed includes birth dates, social insurance numbers, addresses and government-services client information. Credit card information was not accessed during the breach, according to the government.

Tesla Model 3 production has temporarily come to a halt at its factory in Fremont, California, marking the second time Tesla has shut down manufacturing for its Tesla said at the time, and reiterated again on Monday, that a pause “is not unusual and is in fact common in production ramps like this.”

It's the second time since February that Tesla has temporarily shut down its production line for the Model 3 at its Fremont, California plant.

On Friday, Musk acknowledged for the first time that he had overrelied on automation in the Model 3 assembly line, a stunning concession from Tesla's leader who has previously scoffed at competitors' manufacturing prowess and bragged about creating an "Alien Dreadnought" within the Fremont factory by 2018.

"Yes, excessive automation at Tesla was a mistake," Musk tweeted on Friday. "To be precise, my mistake. Humans are underrated."

He also tweeted on Friday that Tesla would be profitable and cash flow positive in the third and fourth quarters, with no need to raise money.

Many analysts dispute this analysis, which hinges on a rapid rise in production of the Model 3 sedan. Delays and lower-than-expected volume have postponed revenue from cars being delivered to customers from reaching Tesla's bottom line.

Shares did not move after hours after falling 3 percent on Monday, pressured by Musk's acknowledgement, a report alleging that Tesla undercounted worker injuries - which the company denies - and an amended lawsuit originally filed last year that alleges Musk misled investors about Model 3 production.

U.S. scales back another key NAFTA demand on auto content

  U.S. scales back another key NAFTA demand on auto content U.S. scales back another key NAFTA demand on auto contentBLK

esla has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues Tesla Model 3 production shuts down , stirs up new concerns. Pause to improve automation days after Elon Musk's robot admission. Reuters.

Tesla has temporarily suspended its Model 3 assembly line in what the company said was a planned production pause, as the car maker continues to face challenges ramping up its new saloon car. It was the second time since February that Tesla has temporarily shut down its production line for the

In February, Tesla suspended production of its Model 3 for four days in what it said was planned work to adjust equipment in order to improve automation and address bottlenecks. It warned of possibly more periods of downtime in coming months.

Automakers generally do stop or slow production of new models to iron out problems with the production system, although Tesla took shortcuts with the testing of its production line in order to get to market more quickly, shortcuts that some experts say have resulted in early manufacturing problems.

(Reporting by Munsif Vengattil in Bengaluru and Alexandria Sage in San Francisco; Editing by G Crosse and Lisa Shumaker)

CP Rail strike postponed, unions say .
CP Rail strike postponed, unions sayStatements from both CP Rail and two unions representing workers say the minister's order to administer a ratification vote on each of the offers follows advice of federal mediators.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!